|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||85.18 - 89.17|
|52 Week Range||85.18 - 174.14|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||11.80|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||2.24 (2.06%)|
|Ex-Dividend Date||May 23, 2022|
|1y Target Est||141.71|
The specialty tech company's share price suffered a nearly 4% decline, nearly double the 2.1% drop of the S&P 500 index on the day. It's only a slight exaggeration to say that when tech titan Apple (NASDAQ: AAPL) sneezes, Skyworks catches a cold. Apple is a major customer for Skyworks' radiofrequency (RF) solutions, which it packs into its ever-popular line of mobile devices.
These Apple suppliers are at risk if the tech giant pulls back on iPhone production, warns Bank of America.
Despite this radio frequency manufacturer's solid long-term growth catalysts, some investors are hesitant to buy the stock.