Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.7%. By the end of trading, Skyworks Solutions rose 55 cents (1.9%) to $29.79 on average volume. Throughout the day, 4.9 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in a price between $29.05-$30.14 after having opened the day at $29.29 as compared to the previous trading day's close of $29.24. Other companies within the Electronics industry that increased today were:
), up 16.2%,
), up 11.9%,
), up 6.6%, and
), up 6%.
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Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. The company provides power amplifiers and front-end solutions for cellular handsets from entry level to multimedia platforms, as well as smart phones. Skyworks Solutions has a market cap of $5.47 billion and is part of the
sector. The company has a P/E ratio of 27.5, above the average electronics industry P/E ratio of 26.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 82.8% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Skyworks Solutions a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Skyworks Solutions as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Skyworks Ratings Report.
On the negative front,
), down 25%,
), down 11.8%,
), down 9.6%, and
), down 7.1%, were all laggards within the electronics industry with
) being today's electronics industry laggard.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.