Qorvo (QRVO)
NASDAQ:QRVO

Qorvo (QRVO) Stock Price & Analysis

2,588 Followers

QRVO Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$79.75 - $114.59
Previous Close$92.76
Volume1.07M
Average Volume (3M)1.19M
Market Cap
$9.08B
Enterprise Value$10.39B
Total Cash (Recent Filing)$744.43M
Total Debt (Recent Filing)$2.05B
Price to Earnings (P/E)-504.1
Beta1.13
Nov 01, 2023
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.18
Shares Outstanding97,910,445
10 Day Avg. Volume1,026,148
30 Day Avg. Volume1,193,701
Standard Deviation0.10
R-Squared0.58
Alpha-0.00266
Financial Highlights & Ratios
Price to Book (P/B)16.36
Price to Sales (P/S)13.95
Price to Cash Flow (P/CF)49.60
P/FCF Ratio98.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.26
Enterprise Value/Gross Profit8.01
Enterprise Value/Ebitda26.23
Forecast
Price Target Upside21.34% Upside
Rating ConsensusHold
Number of Analyst Covering18


Financials

Annual

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Insights

Sorry, No Data Available
There is no website visitor data available for this stock.

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QRVO FAQ

What was Qorvo’s price range in the past 12 months?
Qorvo lowest stock price was $79.75 and its highest was $114.59 in the past 12 months.
    What is Qorvo’s market cap?
    Currently, no data Available
    When is Qorvo’s upcoming earnings report date?
    Qorvo’s upcoming earnings report date is Nov 01, 2023 which is in 13 days.
      How were Qorvo’s earnings last quarter?
      Qorvo released its earnings results on Aug 02, 2023. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.151 by $0.189.
        Is Qorvo overvalued?
        According to Wall Street analysts Qorvo’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Qorvo pay dividends?
          Qorvo does not currently pay dividends.
          What is Qorvo’s EPS estimate?
          Qorvo’s EPS estimate is $1.77.
            How many shares outstanding does Qorvo have?
            Qorvo has 97,910,446 shares outstanding.
              What happened to Qorvo’s price movement after its last earnings report?
              Qorvo reported an EPS of $0.34 in its last earnings report, beating expectations of $0.151. Following the earnings report the stock price went down -0.254%.
                Which hedge fund is a major shareholder of Qorvo?
                Among the largest hedge funds holding Qorvo’s share is Baupost Group LLC. It holds Qorvo’s shares valued at 267M.

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                  Qorvo Stock Smart Score

                  The Qorvo stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  Learn more about TipRanks Smart Score

                  Company Description

                  Qorvo

                  Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.

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                  Top 5 ETFs holding QRVO

                  Name
                  Market Value
                  Smart Score
                  Global X S&P 500 Covered Call ETF
                  $778.51K
                  8
                  iShares ESG Screened S&P 500 ETF
                  $42.19K
                  8
                  Global X S&P 500 Covered Call & Growth ETF
                  $17.39K
                  8
                  Global X S&P 500 Risk Managed Income ETF
                  $6.51K
                  8
                  Global X S&P 500 Tail Risk ETF
                  $464.95
                  8
                  Up to five ETFs with an Outperform Smart Score that hold QRVO. The ETFs are listed according to market value of QRVO within the ETF

                  Forecast EPS vs Actual EPS


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