Qorvo Inc. (QRVO): Price and Financial Metrics

Qorvo Inc. (QRVO): $96.50

0.61 (+0.64%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

C

QRVO Price/Volume Stats

Current price $96.50 52-week high $114.59
Prev. close $95.89 52-week low $80.62
Day low $95.51 Volume 1,675,200
Day high $96.71 Avg. volume 1,255,974
50-day MA $91.95 Dividend yield N/A
200-day MA $97.57 Market Cap 9.39B

QRVO Stock Price Chart Interactive Chart >

QRVO POWR Grades

  • Sentiment is the dimension where QRVO ranks best; there it ranks ahead of 84.42% of US stocks.
  • QRVO's strongest trending metric is Quality; it's been moving down over the last 177 days.
  • QRVO ranks lowest in Stability; there it ranks in the 11th percentile.

QRVO Stock Summary

  • In terms of twelve month growth in earnings before interest and taxes, QORVO INC is reporting a growth rate of -104.9%; that's higher than merely 13.33% of US stocks.
  • Revenue growth over the past 12 months for QORVO INC comes in at -30.02%, a number that bests just 8.91% of the US stocks we're tracking.
  • In terms of volatility of its share price, QRVO is more volatile than merely 10.52% of stocks we're observing.
  • Stocks that are quantitatively similar to QRVO, based on their financial statements, market capitalization, and price volatility, are QSI, SRZN, SYNA, SAGE, and SWKS.
  • 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

  • In comparison to the median Technology stock, QRVO's EV/EBIT ratio is 1261.9% lower, now standing at -219.6.
  • QRVO's EV/EBIT ratio has moved down 220.8 over the prior 108 months.

Below are key valuation metrics over time for QRVO.

Stock Date P/S P/B P/E EV/EBIT
QRVO 2023-11-03 2.7 2.3 -85.6 -219.6
QRVO 2023-11-02 2.7 2.2 -82.8 -213.5
QRVO 2023-11-01 2.7 2.3 -923.4 160.0
QRVO 2023-10-31 2.7 2.2 -919.2 159.4
QRVO 2023-10-30 2.6 2.2 -905.0 157.3
QRVO 2023-10-27 2.7 2.2 -909.2 157.9

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.

Here's What Makes Qorvo (QRVO) a Promising Portfolio Pick

With healthy fundamentals and upward estimate revisions, Qorvo (QRVO) appears to be an enticing investment option at the moment.

Yahoo | November 22, 2023

Qorvo® to Present at the UBS Global Technology Conference

GREENSBORO, N.C., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that Company executives are scheduled to present at the UBS Global Technology Conference on Wednesday, November 29, 2023, at 2:55 p.m. Eastern Time (12:55 p.m. Mountain Time). A live webcast of the event will be available on the Company’s website at the following URL: https://ir.qorvo.com (under “Events & Presentations”). About QorvoQorvo (Nasd

Yahoo | November 22, 2023

4 Stocks to Watch on Steady Growth in Semiconductor Sales

Semiconductor sales are rebounding, helping stocks like NVIDIA Corporation (NVDA), Intel Corporation (INTC), Qorvo, Inc. (QRVO) and Lam Research Corporation (LRCX).

Yahoo | November 14, 2023

Zomedica Corp (ZOM) Posts Record Q3 Revenue with Significant Gross Margin Improvement

Strategic Acquisitions and Product Growth Propel Zomedica to New Heights

Yahoo | November 13, 2023

Qorvo, Inc. (NASDAQ:QRVO) Q2 2024 Earnings Call Transcript

Qorvo, Inc. (NASDAQ:QRVO) Q2 2024 Earnings Call Transcript November 1, 2023 Qorvo, Inc. beats earnings expectations. Reported EPS is $2.39, expectations were $1.77. Operator: Welcome to the Qorvo Inc. Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions]. After today’s presentation, there will be an opportunity to ask questions. […]

Yahoo | November 2, 2023

Read More 'QRVO' Stories Here

QRVO Price Returns

1-mo 9.88%
3-mo -11.02%
6-mo -1.57%
1-year -0.77%
3-year -39.60%
5-year 46.63%
YTD 6.47%
2022 -42.04%
2021 -5.94%
2020 43.05%
2019 91.39%
2018 -8.81%

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