Qorvo Inc. (QRVO): Price and Financial Metrics
QRVO Price/Volume Stats
| Current price | $94.13 | 52-week high | $114.59 |
| Prev. close | $94.55 | 52-week low | $75.38 |
| Day low | $93.84 | Volume | 763,500 |
| Day high | $95.24 | Avg. volume | 1,258,249 |
| 50-day MA | $102.73 | Dividend yield | N/A |
| 200-day MA | $99.47 | Market Cap | 9.22B |
QRVO Stock Price Chart Interactive Chart >
QRVO POWR Grades
- QRVO scores best on the Sentiment dimension, with a Sentiment rank ahead of 76.99% of US stocks.
- The strongest trend for QRVO is in Quality, which has been heading down over the past 179 days.
- QRVO's current lowest rank is in the Stability metric (where it is better than 7.8% of US stocks).
QRVO Stock Summary
- QRVO's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,083.81 -- higher than 97.18% of US-listed equities with positive expected earnings growth.
- Revenue growth over the past 12 months for QORVO INC comes in at -30.31%, a number that bests merely 8.73% of the US stocks we're tracking.
- The volatility of QORVO INC's share price is greater than that of only 10.66% US stocks with at least 200 days of trading history.
- Stocks that are quantitatively similar to QRVO, based on their financial statements, market capitalization, and price volatility, are OLED, MRNS, SGEN, GNTX, and PXLW.
- 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 price/sales ratio is 2.9; this is 7.41% higher than that of the median Technology stock.
- QRVO's price/sales ratio has moved up 2.9 over the prior 106 months.
Below are key valuation metrics over time for QRVO.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| QRVO | 2023-09-15 | 2.9 | 2.5 | -1008.6 | 172.9 |
| QRVO | 2023-09-14 | 3.0 | 2.5 | -1010.4 | 173.1 |
| QRVO | 2023-09-13 | 2.9 | 2.4 | -991.9 | 170.4 |
| QRVO | 2023-09-12 | 2.9 | 2.4 | -993.7 | 170.6 |
| QRVO | 2023-09-11 | 3.0 | 2.5 | -1022.1 | 174.9 |
| QRVO | 2023-09-08 | 3.1 | 2.6 | -1044.5 | 178.3 |
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.
1 Chip Stock Trying to Mount a Massive Comeback: Is It Time to Buy Now?One smaller manufacturer that underperformed in recent years is Qorvo (NASDAQ: QRVO). Qorvo is the result of a 2015 "merger of equals" between RF Micro Devices and TriQuint Semiconductor. The deal created what was hoped would be a new powerhouse in manufacturing of radio frequency (mobile connectivity) chips and related analog chips. |
Qorvo (QRVO) Expands C-IoT Portfolio for Wider ApplicationsThe low power consumption feature and smaller size make Qorvo's (QRVO) QM55011 an ideal solution for a wide array of applications that require an extended battery life. |
Beware! 3 Semiconductor Stocks Waving Massive Red Flags Right NowThese three semiconductor stocks to sell have red flags in their competitive disadvantages and the ongoing glut of chips. |
Qorvo® Announces Industry’s Smallest Low Voltage Transmit Module for Cellular IoTGREENSBORO, N.C., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced the latest in its growing portfolio of cellular IoT (C-IoT) transmit modules. Qorvo’s new multi-band multi-mode RF front end (RFFE) module is optimized for NB-IoT1/2 and LTE Cat-M1/2 3GPP standards. Its compact 3 mm x 3 mm size, low 2.5V operation and multi-band support make it ideal for low-voltage applications such as smart meters, asset tra |
4 Magnificent Growth Stocks You'll Regret Not Buying in the Wake of the Nasdaq Bear Market DipWall Street has vacillated between bull and bear markets, with the growth-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) being whipsawed more than any other major index. During the 2022 bear market, the innovation-fueled Nasdaq shed up to 38% of its value and ended the year lower by 33%. Through the first eight months and change of 2023, the Nasdaq Composite is higher by nearly 32%. |
QRVO Price Returns
| 1-mo | -5.62% |
| 3-mo | -3.28% |
| 6-mo | -4.46% |
| 1-year | 14.35% |
| 3-year | -25.16% |
| 5-year | 19.99% |
| YTD | 3.85% |
| 2022 | -42.04% |
| 2021 | -5.94% |
| 2020 | 43.05% |
| 2019 | 91.39% |
| 2018 | -8.81% |
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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