Previous close | 107.86 |
Open | 107.29 |
Bid | 106.61 x 100 |
Ask | 113.37 x 100 |
Day's range | 106.59 - 108.94 |
52-week range | 85.06 - 115.69 |
Volume | |
Avg. volume | 2,342,640 |
Market cap | 17.102B |
Beta (5Y monthly) | 1.37 |
PE ratio (TTM) | 18.90 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.72 (2.52%) |
Ex-dividend date | 16 Feb 2024 |
1y target est | N/A |
In a sign of trouble for Apple iPhone business, the chip maker Skyworks Solutions provided a warning to investors about softening demand for smartphones. Skyworks makes analog and mixed-signal chips used by Apple and other handset makers. Skyworks in its September 2023 fiscal year generated 66% of revenue from a single customer—Apple.
Performance Analysis and Future Outlook Amid Market Challenges
Skyworks (SWKS) delivered earnings and revenue surprises of 1.97% and 0.01%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?