Qorvo Inc. (QRVO): Price and Financial Metrics

Qorvo Inc. (QRVO): $111.28

0.57 (-0.51%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

C

QRVO Price/Volume Stats

Current price $111.28 52-week high $121.65
Prev. close $111.85 52-week low $80.62
Day low $110.99 Volume 1,320,400
Day high $113.48 Avg. volume 1,373,649
50-day MA $109.85 Dividend yield N/A
200-day MA $102.15 Market Cap 10.74B

QRVO Stock Price Chart Interactive Chart >

QRVO POWR Grades

  • QRVO scores best on the Momentum dimension, with a Momentum rank ahead of 86.94% of US stocks.
  • The strongest trend for QRVO is in Growth, which has been heading up over the past 26 weeks.
  • QRVO's current lowest rank is in the Stability metric (where it is better than 12.13% of US stocks).

QRVO Stock Summary

  • Of note is the ratio of QORVO INC's sales and general administrative expense to its total operating expenses; only 13.85% of US stocks have a lower such ratio.
  • Over the past twelve months, QRVO has reported earnings growth of -104.9%, putting it ahead of merely 12.71% of US stocks in our set.
  • Revenue growth over the past 12 months for QORVO INC comes in at -30.02%, a number that bests merely 9.01% of the US stocks we're tracking.
  • Stocks with similar financial metrics, market capitalization, and price volatility to QORVO INC are SYNA, CRDO, AOSL, SMR, and CRNC.
  • Visit QRVO's SEC page to see the company's official filings. To visit the company's web site, go to www.qorvo.com.

QRVO Valuation Summary

  • QRVO's EV/EBIT ratio is -253.3; this is 1294.81% lower than that of the median Technology stock.
  • Over the past 109 months, QRVO's EV/EBIT ratio has gone down 254.5.

Below are key valuation metrics over time for QRVO.

Stock Date P/S P/B P/E EV/EBIT
QRVO 2023-12-08 3.2 2.7 -100.7 -253.3
QRVO 2023-12-07 3.1 2.6 -97.2 -245.4
QRVO 2023-12-06 3.0 2.5 -94.5 -239.4
QRVO 2023-12-05 3.0 2.5 -94.1 -238.5
QRVO 2023-12-04 3.0 2.5 -94.6 -239.7
QRVO 2023-12-01 3.0 2.5 -94.4 -239.2

QRVO Growth Metrics

    Its year over year price growth rate is now at -39.2%.
  • Its 5 year cash and equivalents growth rate is now at 31.07%.
  • Its 5 year revenue growth rate is now at 6.81%.
Over the past 52 months, QRVO's revenue has gone up $1,014,619,000.

The table below shows QRVO's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 4,102.854 1,123.668 453.843
2022-09-30 4,473.53 1,003.269 686.037
2022-06-30 4,570.721 980.679 816.611
2022-03-31 4,645.714 1,049.243 1,033.353
2021-12-31 4,552.286 1,106.292 1,119.815
2021-09-30 4,533.163 1,393.002 1,104.587

QRVO's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • QRVO has a Quality Grade of A, ranking ahead of 95.21% of graded US stocks.
  • QRVO's asset turnover comes in at 0.591 -- ranking 128th of 208 Electronic Equipment stocks.
  • NOC, NXPI, and CLFD are the stocks whose asset turnover ratios are most correlated with QRVO.

The table below shows QRVO's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-03 0.591 0.485 0.295
2021-04-03 0.554 0.469 0.240
2021-01-02 0.527 0.453 0.183
2020-10-03 0.504 0.434 0.173
2020-06-27 0.504 0.416 0.149
2020-03-28 0.521 0.408 0.139

QRVO Price Target

For more insight on analysts targets of QRVO, see our QRVO price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $190.50 Average Broker Recommendation 1.56 (Moderate Buy)

Qorvo Inc. (QRVO) Company Bio


Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. The company, which trades on NASDAQ, was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. The headquarters for the company originally were in both Hillsboro, Oregon (home of TriQuint), and Greensboro, North Carolina (home of RFMD), but in mid-2016 the company began referring to its North Carolina site as its exclusive headquarters. (Source:Wikipedia)


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Latest QRVO News From Around the Web

Below are the latest news stories about QORVO INC that investors may wish to consider to help them evaluate QRVO as an investment opportunity.

Qorvo (NASDAQ:QRVO) ascends 3.1% this week, taking five-year gains to 106%

When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...

Yahoo | December 28, 2023

Best Semiconductor Stocks 2024: 3 Names to Add to Your Must-Buy List

Semiconductor stocks have been outperforming the market, but which ones are the new winners?

Noah Bolton on InvestorPlace | December 26, 2023

Chip Manufacturers Are Expanding, but 1 Top Chip Stock Is Selling Fabs -- Is It a Top Buy for 2024?

Qorvo is going against the grain and getting smaller to forge ahead with future growth plans.

Yahoo | December 24, 2023

3 Stocks to Buy on Upbeat Semiconductor Sales Forecast for 2024

Stocks like Qorvo, Inc. (QRVO), NVIDIA Corporation (NVDA) and Intel Corporation (INTC) are poised to benefit in 2024 as semiconductor sales gather pace.

Yahoo | December 21, 2023

Qorvo (QRVO) Divests China Assets to Trim Capital Intensity

Through selling its Chinese manufacturing facilities to Luxshare, Qorvo (QRVO) is aiming to streamline its supply chain network.

Yahoo | December 20, 2023

Read More 'QRVO' Stories Here

QRVO Price Returns

1-mo -0.79%
3-mo 2.51%
6-mo 17.69%
1-year 12.17%
3-year -38.13%
5-year 50.60%
YTD -1.18%
2023 24.24%
2022 -42.04%
2021 -5.94%
2020 43.05%
2019 91.39%

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