Qorvo Inc. (QRVO): Price and Financial Metrics
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%.
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)
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... |
Best Semiconductor Stocks 2024: 3 Names to Add to Your Must-Buy ListSemiconductor stocks have been outperforming the market, but which ones are the new winners? |
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. |
3 Stocks to Buy on Upbeat Semiconductor Sales Forecast for 2024Stocks like Qorvo, Inc. (QRVO), NVIDIA Corporation (NVDA) and Intel Corporation (INTC) are poised to benefit in 2024 as semiconductor sales gather pace. |
Qorvo (QRVO) Divests China Assets to Trim Capital IntensityThrough selling its Chinese manufacturing facilities to Luxshare, Qorvo (QRVO) is aiming to streamline its supply chain network. |
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% |
Continue Researching QRVO
Want to do more research on Qorvo Inc's stock and its price? Try the links below:Qorvo Inc (QRVO) Stock Price | Nasdaq
Qorvo Inc (QRVO) Stock Quote, History and News - Yahoo Finance
Qorvo Inc (QRVO) Stock Price and Basic Information | MarketWatch
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