The stocks of SWKS have been given a buy rating by twenty-nine different brokerages that have been covering the firm. In a report that was sent out to MarketBeat, twelve of the investment analysts gave the company a rating of hold, while seventeen of them have given it a rating of buy. Currently, the company has a price target of about $174.20 set over a period of a single year.
The Stock Commentary of SWKS
There have been quite a few research equities that have commented on the stocks of SWKS. Cascend Securities has already increased the price target of the company from a sum of $210 to $220 with a rating of buy in a 12th February research report. The Goldman Sachs Group gave the company a rating of neutral with a price target of around $135 in a 10th March research report.
Zacks Investment Research has reduced the rating of the company from buy to hold with a price target of $158 in a 5th January research report. Citigroup has increased the price target of SWKS from $137 to $164- with a neutral rating in a 25th January research report.
The stocks of SWKS traded on Friday at $182.18. The market cap of the firm has been $30.04 billion, with a 38.03 PE ratio, along with a 1.86 PEG ratio. The year low of the company is $79.51, while the year high of the company has been set at $195.82. The moving average price of the company over a period of 50-days is $179.90, with the moving average price over 200 days set at $156.38.
SWKS previously updated its quarterly data on the 28th of January. The manufacturer of semiconductors had an EPS of around $3.36 which beat out the consensus estimate set by Thomson Reuters at around $2.09. The revenue generated by the business was $1.51 billion- which was more than the revenue generated by consensus analysts at $1.06 billion.