QRVO vs. SEDG, MXIM, MPWR, ON, FSLR, GFS, ASX, UMC, ENPH, and SWKS
Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include SolarEdge Technologies (SEDG), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Onsemi (ON), First Solar (FSLR), GLOBALFOUNDRIES (GFS), ASE Technology (ASX), United Microelectronics (UMC), Enphase Energy (ENPH), and Skyworks Solutions (SWKS).
Qorvo (NASDAQ:QRVO) and SolarEdge Technologies (NASDAQ:SEDG) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, community ranking, analyst recommendations, earnings and media sentiment.
Qorvo currently has a consensus target price of $110.83, indicating a potential upside of 11.40%. SolarEdge Technologies has a consensus target price of $86.38, indicating a potential upside of 86.62%. Given SolarEdge Technologies' higher possible upside, analysts plainly believe SolarEdge Technologies is more favorable than Qorvo.
Qorvo received 158 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 66.56% of users gave Qorvo an outperform vote while only 63.26% of users gave SolarEdge Technologies an outperform vote.
88.6% of Qorvo shares are held by institutional investors. Comparatively, 95.1% of SolarEdge Technologies shares are held by institutional investors. 0.4% of Qorvo shares are held by company insiders. Comparatively, 0.7% of SolarEdge Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Qorvo has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500. Comparatively, SolarEdge Technologies has a beta of 1.62, meaning that its share price is 62% more volatile than the S&P 500.
SolarEdge Technologies has lower revenue, but higher earnings than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.
In the previous week, Qorvo had 2 more articles in the media than SolarEdge Technologies. MarketBeat recorded 13 mentions for Qorvo and 11 mentions for SolarEdge Technologies. Qorvo's average media sentiment score of 0.79 beat SolarEdge Technologies' score of 0.65 indicating that Qorvo is being referred to more favorably in the media.
Qorvo has a net margin of -1.86% compared to SolarEdge Technologies' net margin of -11.68%. Qorvo's return on equity of 13.43% beat SolarEdge Technologies' return on equity.
Summary
Qorvo beats SolarEdge Technologies on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding QRVO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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