Skyworks Solutions Inc
SWKS: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$563.00 | Pfdgys | Zxyxdlqjzk |
Skyworks Earnings: Shares Still Undervalued as Earnings and Guidance Meet Our Expectations
Narrow-moat Skyworks Solutions reported fiscal first-quarter results and provided investors with an outlook for the March quarter in line with our expectations, as the firm is seeing a recovery in demand from consumer Internet of Things, or IoT, and Android-based smartphone customers, all while revenue at key customer Apple appears to be steady. We retain our $133 fair value estimate and shares still appear undervalued to us.