|Bid||122.75 x 900|
|Ask||123.08 x 1400|
|Day's range||113.48 - 123.69|
|52-week range||76.16 - 145.82|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||16.75|
|Earnings date||01 May 2023 - 05 May 2023|
|Forward dividend & yield||2.48 (2.02%)|
|Ex-dividend date||27 Feb 2023|
|1y target est||111.88|
The wireless communication chip designer posted first-quarter results in the Goldilocks zone -- not too hot, not too cold -- and management saw better days coming in a few months.
The stock market has finally started to hit some resistance after a strong start to 2023. On Tuesday, the Nasdaq rose about half a percent as of 12:45 p.m. ET. Skyworks Solutions (NASDAQ: SWKS) and Take-Two Interactive Software (NASDAQ: TTWO) have both come a long way since their modest beginnings, and investors were happy to see both companies post financial results that signaled their ability to thrive even in tough times for the broader economy.
Skyworks' (SWKS) first-quarter fiscal 2023 results reflect strong automotive, infrastructure, and industrial end-markets as well as the continued global shift to WiFi 6E and 7.