|Bid||110.63 x 200|
|Ask||113.29 x 100|
|Day's range||110.45 - 111.91|
|52-week range||93.05 - 117.65|
|PE ratio (TTM)||25.06|
|Earnings date||25 Apr 2018 - 30 Apr 2018|
|Forward dividend & yield||1.28 (1.15%)|
|1y target est||118.35|
Chang, in his “deep dive” report of 258 pages predicts that the IoT will become the “IoX” and will in turn "drive demand for sensors / actuators / microcontrollers (MCU), generating additional telecom equipment demand for network construction, and bring new revenue streams to telecom operators, including network connectivity, IoT platform, and a surge in data consumption." Helping things along is government encouragement from the U.S. and China, but also elsewhere, notes Chang: IoT has been included in national agendas in China, Singapore, the US, the EU, Japan and South Korea. The Chinese government aims to double the IoT market size to Rmb1.5tn (US$237bn) by 2020. South Korea aims to grow the IoT market size to US$28bn by 2020 (vs. US$2bn in 2013).
Your stocks to watch are five semiconductors that have just entered buy range: Apple supplier Skyworks, Lam Research, ASML, Teradyne and Marvell Technology.
Morgan Stanley analysts Craig Hettenbach, Joseph Moore, and Katy Huberty, along with several of their colleagues in Asia, today write that recent worries about a slumping smartphone market persist, and that it doesn’t bode well for suppliers, including Skyworks Solutions (SWKS), and Taiwan Semiconductor Manufacturing (TSM). The authors observe that the market has been weak, with unit shipments of smartphones dropping 6% in Q4, and China has been especially weak, with sales there falling 13%, the first drop in China smartphone sales on record. "After a round of order cuts beginning in late 4Q'17, the China smartphone supply chain has been undergoing inventory digestion and so far we haven’t seen any major uptick post Chinese New Year,” write the authors.
President Trump will meet with North Korea's Kim Jong Un, citing "great progress." The S&P 500 is approaching a key technical level.
Skyworks Solutions (SWKS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Skyworks Solutions (SWKS) unveiled a new suit of network-driven products from its Sky5 platform that supports wireless 5G networks.
Chip stocks were big winners Tuesday as the major averages fell. Applied Materials, Micron Technology, Skyworks Solutions and Marvell Technology are in bases.
NEW YORK, Feb. 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cognizant ...
Micron Technology (MU), which is an American global corporation that produces semiconductor devices and provides innovative memory solutions, was one of the S&P 500’s top gainers on February 6. After a brief pullback on Monday, Micron Technology opened higher on Tuesday and rallied to two-week high price levels. On Monday, Micron Technology announced that David Zinsner is the new CFO and senior vice president.
On another volatile day for stocks, Micron upgraded its profit outlook and Skyworks Solutions shares soared after the company reported strong earnings.
Chipmaker Skyworks Solutions topped Wall Street's expectations for December-quarter earnings, while Cirrus Logic disappointed with its results.
Shares of wireless chip maker Skyworks Solutions (SWKS) are up $7.86, or 8.5%, at $102.86, after the company yesterday afternoon reported fiscal Q1 revenue and earnings in line with consensus, but forecast this quarter’s results a little lower, but also said its board of directors approved a new $1 billion stock buyback plan, and that it will seek to pay out 60% to 75% of its free cash flow in coming quarters, up from a prior plan of 40% to 50%. Skyworks is a prominent supplier to Apple (AAPL), and Apple’s lower-than-expected March-quarter outlook, offered last week, appears to have had an affect. Like competitor Qorvo (QRVO), which reported Last Wednesday, and surged despite a lower outlook, Skyworks is rising despite the pressure at the moment from lower iPhone sales.
Several gainers are reversing the pre-market tech decline, especially chip names, such as wireless chip vendor Skyworks Solutions (SWKS), which is up $9.69, or 10%, at $104.37, after it yesterday reported Q1 revenue and earnings in line with consensus, and forecast this quarter’s results just a little lower. The stock got a couple of upgrades this morning, from BMO Capital’s Abmrish Srivastava, and Summit Insights. The positive element, aside from a new $1 billion buyback plan, and bump up in the company's rate of return of cash, was management's commentary it expects to see "dies gin wins" in "flagship phones" in the latter part of the year, notes Mizuho's Vijay Rakesh, reiterating a Buy rating, and a $125 price target.
Skyworks Solutions (SWKS) benefits from the emergence of connected homes, autonomous vehicles, AI, augmented reality, wearables and network infrastructure.
After the Dow's worst percentage loss in years Monday, stock futures signaled more losses ahead. Micron Technology and two Apple chipmakers moved on earnings.