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Equities research analysts at Exane BNP Paribas initiated coverage on shares of Skyworks Solutions (NASDAQ:SWKS - Get Rating) in a report released on Tuesday, The Fly reports. The brokerage set an "outperform" rating on the semiconductor manufacturer's stock.

A number of other research analysts have also recently weighed in on the stock. BNP Paribas initiated coverage on shares of Skyworks Solutions in a research report on Tuesday. They set an "outperform" rating and a $120.00 price target on the stock. Susquehanna Bancshares dropped their price objective on shares of Skyworks Solutions to $120.00 in a research note on Monday, July 25th. TheStreet lowered shares of Skyworks Solutions from a "b-" rating to a "c+" rating in a report on Tuesday, June 21st. Raymond James dropped their price objective on Skyworks Solutions from $170.00 to $150.00 in a report on Friday, August 5th. Finally, Wells Fargo & Company dropped their price objective on Skyworks Solutions from $160.00 to $130.00 and set an "overweight" rating on the stock in a report on Monday, July 11th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Skyworks Solutions presently has an average rating of "Hold" and a consensus price target of $140.29.Skyworks Solutions Trading Down 1.4 %

Skyworks Solutions stock opened at $102.13 on Tuesday. The stock has a market cap of $16.39 billion, a PE ratio of 12.98, a P/E/G ratio of 0.90 and a beta of 1.21. The stock has a 50-day moving average price of $104.33 and a 200 day moving average price of $110.96. Skyworks Solutions has a 52 week low of $88.76 and a 52 week high of $182.24. The company has a current ratio of 2.37, a quick ratio of 1.47 and a debt-to-equity ratio of 0.32.

Skyworks Solutions (NASDAQ:SWKS - Get Rating) last released its earnings results on Thursday, August 4th. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.05 by $0.39. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. Skyworks Solutions had a net margin of 24.11% and a return on equity of 30.43%. Skyworks Solutions's revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.96 earnings per share. Equities research analysts predict that Skyworks Solutions will post 9.95 earnings per share for the current fiscal year. Insiders Place Their Bets

In other news, SVP Karilee A. Durham sold 5,858 shares of Skyworks Solutions stock in a transaction on Monday, August 8th. The shares were sold at an average price of $112.26, for a total transaction of $657,619.08. Following the transaction, the senior vice president now directly owns 10,130 shares of the company's stock, valued at $1,137,193.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.31% of the company's stock. Institutional Investors Weigh In On Skyworks Solutions

Several institutional investors have recently added to or reduced their stakes in SWKS. Pittenger & Anderson Inc. lifted its position in Skyworks Solutions by 1,750.0% in the 1st quarter. Pittenger & Anderson Inc. now owns 185 shares of the semiconductor manufacturer's stock valued at $25,000 after acquiring an additional 175 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its position in Skyworks Solutions by 56.8% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 287 shares of the semiconductor manufacturer's stock valued at $27,000 after acquiring an additional 104 shares in the last quarter. Financial Management Professionals Inc. lifted its position in Skyworks Solutions by 1,845.5% during the 1st quarter. Financial Management Professionals Inc. now owns 214 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 203 shares in the last quarter. Lindbrook Capital LLC lifted its position in Skyworks Solutions by 72.6% during the 2nd quarter. Lindbrook Capital LLC now owns 309 shares of the semiconductor manufacturer's stock worth $29,000 after buying an additional 130 shares in the last quarter. Finally, Bank of New Hampshire bought a new stake in Skyworks Solutions during the 1st quarter worth about $30,000. 74.61% of the stock is owned by institutional investors. Skyworks Solutions Company Profile (Get Rating)

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, timing devices, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators.Read MoreGet a free copy of the StockNews.com research report on Skyworks Solutions (SWKS)Three Value Stocks For A Volatile Market3 Energy Stocks Nearing Breakouts From Cup-Shaped PatternsDo These Dividend Achievers Deserve A Place In Your Portfolio?Darden Restaurants Takes the Low Road Against Inflation Why These 3 Stocks Are Off to Hot September Starts

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