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 superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, media sentiment, earnings, community ranking, risk, institutional ownership and valuation.
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 and Qorvo both had 13 articles in the media. SolarEdge Technologies' average media sentiment score of 0.94 beat Qorvo's score of 0.86 indicating that SolarEdge Technologies is being referred to more favorably in the news media.
Qorvo has a beta of 1.53, meaning that its stock price is 53% more volatile than the S&P 500. Comparatively, SolarEdge Technologies has a beta of 1.53, meaning that its stock price is 53% more volatile than the S&P 500.
Qorvo currently has a consensus price target of $110.83, indicating a potential upside of 12.30%. SolarEdge Technologies has a consensus price target of $86.38, indicating a potential upside of 77.49%. Given SolarEdge Technologies' higher probable upside, analysts plainly believe SolarEdge Technologies is more favorable than Qorvo.
Qorvo received 157 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 66.58% of users gave Qorvo an outperform vote while only 63.32% of users gave SolarEdge Technologies an outperform vote.
88.6% of Qorvo shares are owned by institutional investors. Comparatively, 95.1% of SolarEdge Technologies shares are owned by institutional investors. 0.4% of Qorvo shares are owned by insiders. Comparatively, 0.7% of SolarEdge Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
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 10 of the 16 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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