Qorvo Company Profile (NASDAQ:QRVO)

About Qorvo

Qorvo logoQorvo, Inc. is a provider of technologies and radio frequency (RF) solutions for mobile, infrastructure and defense and aerospace applications. The Company designs, develops, manufactures and markets its products to the United States and international original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Its segments include Mobile Products (MP) and Infrastructure and Defense Products (IDP). The MP segment is a supplier of radio frequency (RF) solutions that perform various functions in the cellular radio front end section of smartphones and other cellular devices. The IDP segment is a supplier of RF solutions that support various global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, Internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. It operates design, sales and manufacturing facilities located throughout Asia, Europe and North America.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Broad Line
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: QRVO
  • CUSIP:
Key Metrics:
  • Previous Close: $67.55
  • 50 Day Moving Average: $62.54
  • 200 Day Moving Average: $56.74
  • 52-Week Range: $41.43 - $68.66
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.65
  • P/E Growth: 1.06
  • Market Cap: $8.50B
  • Outstanding Shares: 126,452,000
  • Beta: 1
Profitability:
  • Net Margins: -3.22%
  • Return on Equity: 10.77%
  • Return on Assets: 8.02%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 2.71%
  • Quick Ratio: 1.97%
Additional Links:
Companies Related to Qorvo:

Analyst Ratings

Consensus Ratings for Qorvo (NASDAQ:QRVO) (?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 12 Buy Ratings
Consensus Rating:Hold (Score: 2.48)
Consensus Price Target: $62.47 (7.04% downside)

Analysts' Ratings History for Qorvo (NASDAQ:QRVO)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017MKM PartnersReiterated RatingBuy$78.00View Rating Details
2/2/2017Canaccord GenuityReiterated RatingBuy$73.00View Rating Details
2/2/2017BMO Capital MarketsDowngradeOutperform -> Market Perform$72.00 -> $58.00View Rating Details
2/2/2017Needham & Company LLCReiterated RatingBuy$62.00 -> $70.00View Rating Details
2/2/2017MizuhoBoost Price TargetNeutral$54.00 -> $56.00View Rating Details
1/30/2017Cowen and CompanyReiterated RatingMarket Perform$53.00 -> $60.00View Rating Details
12/9/2016RBC Capital MarketsReiterated RatingOutperformView Rating Details
11/11/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
11/7/2016Pacific CrestReiterated RatingEqual WeightView Rating Details
11/6/2016Northland SecuritiesReiterated RatingOutperform$65.00 -> $60.00View Rating Details
11/6/2016Citigroup Inc.Reiterated RatingNeutralView Rating Details
11/4/2016Drexel HamiltonReiterated RatingBuy$72.00View Rating Details
11/4/2016Bank of America CorpDowngradeBuy -> Underperform$50.00View Rating Details
9/21/2016Brean CapitalReiterated RatingBuyView Rating Details
8/3/2016Craig HallumBoost Price TargetBuy$58.00 -> $68.00View Rating Details
8/3/2016Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$50.00 -> $55.00View Rating Details
8/3/2016DA DavidsonLower Price TargetBuy$70.00 -> $67.00View Rating Details
7/6/2016KeyCorpReiterated RatingHoldView Rating Details
6/27/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$56.00View Rating Details
5/4/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
4/19/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> OutperformView Rating Details
4/4/2016StephensReiterated RatingBuyView Rating Details
3/28/2016Barclays PLCReiterated RatingHold$46.00 -> $50.00View Rating Details
1/15/2016Chardan CapitalReiterated RatingBuyView Rating Details
11/18/2015JMP SecuritiesInitiated CoverageMarket Perform$72.00View Rating Details
7/30/2015Northland Capital PartnersLower Price Target$88.50 -> $75.00View Rating Details
7/30/2015Ascendiant Capital MarketsLower Price TargetBuy$90.00 -> $80.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Qorvo (NASDAQ:QRVO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/1/2017        
2/1/2017Q317$1.26$1.35$821.29 million$825.40 millionViewListenView Earnings Details
11/3/2016Q2$1.41$1.29$834.77 million$863.70 millionViewN/AView Earnings Details
8/2/2016Q1$1.05$1.08$650.62 million$697.60 millionViewN/AView Earnings Details
5/4/2016Q4$0.92$1.04$599.32 million$608.10 millionViewN/AView Earnings Details
2/4/2016Q3$0.94$1.03$620.34 million$620.70 millionViewN/AView Earnings Details
11/5/2015Q216$1.11$1.22$699.43 million$708.30 millionViewN/AView Earnings Details
7/29/2015Q116$1.06$1.09$664.73 million$673.60 millionViewListenView Earnings Details
5/6/2015Q415$0.87$1.11$623.40 million$634.90 millionViewN/AView Earnings Details
1/28/2015Q414$1.17$1.46$723.23 million$397.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Qorvo (NASDAQ:QRVO)
Current Year EPS Consensus Estimate: $4.52 EPS
Next Year EPS Consensus Estimate: $5.77 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.69$0.69$0.69
Q2 20161$0.82$0.82$0.82
Q3 20161$1.05$1.05$1.05
Q4 20161$1.27$1.27$1.27
Q1 20171$0.78$0.78$0.78
Q2 20171$0.98$0.98$0.98
Q3 20171$1.13$1.13$1.13
Q4 20171$0.74$0.74$0.74
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Qorvo (NASDAQ:QRVO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Qorvo (NASDAQ:QRVO)
Insider Ownership Percentage: 1.14%
Institutional Ownership Percentage: 93.63%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/22/2017Daniel A DileoDirectorSell1,000$68.00$68,000.00View SEC Filing  
2/21/2017Gina HarrisonVPSell1,500$67.11$100,665.00View SEC Filing  
2/21/2017Ralph QuinseyDirectorSell131,257$67.25$8,827,033.25View SEC Filing  
2/14/2017Daniel A DileoDirectorSell1,125$66.64$74,970.00View SEC Filing  
11/9/2016Mark J MurphyCFOBuy10,000$51.66$516,600.00View SEC Filing  
11/8/2016John R HardingDirectorSell12,500$49.98$624,750.00View SEC Filing  
10/6/2016James L KleinVPSell1,384$55.00$76,120.00View SEC Filing  
9/13/2016Robert A BruggeworthInsiderSell206$54.01$11,126.06View SEC Filing  
9/6/2016James L KleinVPSell1,384$57.85$80,064.40View SEC Filing  
8/23/2016Roderick NelsonDirectorSell3,100$56.50$175,150.00View SEC Filing  
8/17/2016Robert A BruggeworthInsiderSell18,522$55.22$1,022,784.84View SEC Filing  
8/16/2016Jeffery R GardnerDirectorSell4,475$55.41$247,959.75View SEC Filing  
8/11/2016C Scott GibsonDirectorSell1,200$54.45$65,340.00View SEC Filing  
8/11/2016Robert A BruggeworthInsiderSell4,250$54.44$231,370.00View SEC Filing  
8/9/2016James L KleinVPSell1,384$55.00$76,120.00View SEC Filing  
8/5/2016Walden C RhinesDirectorBuy5,000$54.02$270,100.00View SEC Filing  
7/27/2016Robert A BruggeworthInsiderSell10,000$64.50$645,000.00View SEC Filing  
7/15/2016Robert A BruggeworthCEOSell10,000$59.50$595,000.00View SEC Filing  
7/12/2016Robert A BruggeworthCEOSell206$58.21$11,991.26View SEC Filing  
7/8/2016James L KleinVPSell1,384$55.00$76,120.00View SEC Filing  
6/28/2016Robert A BruggeworthCEOSell46,250$52.06$2,407,775.00View SEC Filing  
6/14/2016Robert A BruggeworthCEOSell206$53.57$11,035.42View SEC Filing  
6/6/2016James L KleinVPSell2,768$55.00$152,240.00View SEC Filing  
6/3/2016Robert A BruggeworthCEOSell4,753$54.00$256,662.00View SEC Filing  
5/23/2016James L KleinVPSell1,384$50.00$69,200.00View SEC Filing  
5/17/2016Robert A BruggeworthCEOSell5,739$45.54$261,354.06View SEC Filing  
5/16/2016Robert A BruggeworthCEOSell3,170$45.03$142,745.10View SEC Filing  
5/12/2016Robert A BruggeworthCEOSell264$46.19$12,194.16View SEC Filing  
4/13/2016James L KleinVPSell4,255$50.00$212,750.00View SEC Filing  
4/12/2016Robert A BruggeworthCEOSell1,096$47.96$52,564.16View SEC Filing  
4/6/2016James L KleinVPSell2,327$50.00$116,350.00View SEC Filing  
3/14/2016Robert A BruggeworthCEOSell1,096$48.31$52,947.76View SEC Filing  
3/4/2016Robert A BruggeworthCEOSell23,125$50.00$1,156,250.00View SEC Filing  
2/12/2016Robert A BruggeworthCEOSell1,111$35.20$39,107.20View SEC Filing  
12/3/2015Daniel A. DileoDirectorSell3,000$58.65$175,950.00View SEC Filing  
12/1/2015Steven E. CrevistonVPSell10,000$58.97$589,700.00View SEC Filing  
11/6/2015Steven E CrevistonVPSell10,000$50.60$506,000.00View SEC Filing  
10/22/2015Steven E CrevistonVPSell10,000$50.00$500,000.00View SEC Filing  
9/1/2015Steven E. CrevistonVPSell10,000$54.91$549,100.00View SEC Filing  
7/20/2015Steven J BuhalyCFOSell15,000$78.50$1,177,500.00View SEC Filing  
7/6/2015Robert A BruggeworthCEOSell23,125$79.77$1,844,681.25View SEC Filing  
7/1/2015Steven E CrevistonVPSell10,000$81.24$812,400.00View SEC Filing  
6/22/2015Steven J BuhalyCFOSell15,000$86.27$1,294,050.00View SEC Filing  
6/5/2015James L KleinVPSell9,453$82.44$779,305.32View SEC Filing  
6/1/2015Steven E CrevistonVPSell10,000$82.47$824,700.00View SEC Filing  
5/22/2015James L KleinVPSell4,055$83.50$338,592.50View SEC Filing  
5/21/2015Michael J LaberVPSell1,284$81.15$104,196.60View SEC Filing  
5/20/2015James L KleinVPSell9,424$81.27$765,888.48View SEC Filing  
5/20/2015Steven J BuhalyCFOSell15,000$79.80$1,197,000.00View SEC Filing  
5/19/2015Walter H WilkinsonDirectorSell7,500$80.75$605,625.00View SEC Filing  
5/18/2015Robert A BruggeworthCEOSell19,981$75.76$1,513,760.56View SEC Filing  
5/1/2015Steven E CrevistonVPSell10,000$67.08$670,800.00View SEC Filing  
4/15/2015Robert A BruggeworthCEOSell1,922$71.00$136,462.00View SEC Filing  
4/7/2015Robert A BruggeworthCEOSell17,500$75.15$1,315,125.00View SEC Filing  
4/1/2015Steven E CrevistonVPSell10,000$78.53$785,300.00View SEC Filing  
3/18/2015Steven E CrevistonVPSell37,500$80.00$3,000,000.00View SEC Filing  
3/16/2015Robert A BruggeworthCEOSell1,922$74.21$142,631.62View SEC Filing  
3/10/2015Robert A BruggeworthCEOSell15,000$73.24$1,098,600.00View SEC Filing  
3/2/2015Steven E CrevistonVPSell10,000$69.37$693,700.00View SEC Filing  
2/27/2015James L KleinVPSell10,000$70.41$704,100.00View SEC Filing  
2/17/2015Robert A BruggeworthCEOSell1,921$70.00$134,470.00View SEC Filing  
2/10/2015Robert A BruggeworthCEOSell15,000$64.33$964,950.00View SEC Filing  
2/2/2015C Scott GibsonDirectorSell10,660$73.09$779,139.40View SEC Filing  
2/2/2015Steven E CrevistonVPSell11,633$73.20$851,535.60View SEC Filing  
1/28/2015Robert A BruggeworthCEOSell32,352$72.80$2,355,225.60View SEC Filing  
1/20/2015Robert A BruggeworthCEOSell6,415$65.75$421,786.25View SEC Filing  
1/13/2015Robert A BruggeworthCEOSell15,000$65.98$989,700.00View SEC Filing  
1/6/2015Steven E CrevistonVPSell11,250$64.35$723,937.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Qorvo (NASDAQ:QRVO)
DateHeadline
News IconSuperior Energy Services, Inc. (NYSE:SPN) Sees The Needle Move on Volume (NASDAQ:QRVO)
ekosvoice.com - February 23 at 7:35 PM
finance.yahoo.com logoOptions Insight: How to Trade Qorvo (NASDAQ:QRVO)
finance.yahoo.com - February 23 at 7:34 PM
News IconAnalysts Are Circling Qorvo, Inc. (NASDAQ:QRVO): Where Do Research Brokers See It Going? - Winfield Review (NASDAQ:QRVO)
winfieldreview.com - February 23 at 12:36 AM
News IconQorvo, Inc. (NASDAQ:QRVO) Bearish Target At $72 - Stock Observer (NASDAQ:QRVO)
www.thestockobserver.com - February 23 at 12:36 AM
News IconConsensus Take: Qorvo, Inc. (NASDAQ:QRVO) Earnings & Ratings Watch - Aiken Advocate (NASDAQ:QRVO)
aikenadvocate.com - February 22 at 7:35 PM
News IconToday Analysts Focus on DiamondRock Hospitality Company (DRH ... - StockNewsJournal (NASDAQ:QRVO)
stocknewsjournal.com - February 22 at 7:35 PM
News IconAnalyst Views And Outlook On Two Stocks: Qorvo, Inc. (QRVO), Antero Resources Corporation (AR) - Post Analyst (NASDAQ:QRVO)
postanalyst.com - February 22 at 7:35 PM
News IconQorvo, Inc. (QRVO): Essential Chart Information - NY Stock News (NASDAQ:QRVO)
nystocknews.com - February 22 at 7:35 PM
News IconRevenue Approximations Analysis: Qorvo, Inc. (QRVO), Rowan Companies plc (RDC) - StockNewsJournal (NASDAQ:QRVO)
stocknewsjournal.com - February 22 at 7:35 PM
News IconLooking at the Tea Leaves for Qorvo, Inc. (QRVO) - The USA Commerce (NASDAQ:QRVO)
www.theusacommerce.com - February 22 at 7:35 PM
streetinsider.com logoMKM Partners Starts Qorvo Inc (QRVO) at Buy - StreetInsider.com (NASDAQ:QRVO)
www.streetinsider.com - February 22 at 7:35 PM
4-traders.com logoQorvo : Introduces Industrys Best Performing and Broadest RF Front End Portfolio for Power Class 2 (NASDAQ:QRVO)
www.4-traders.com - February 22 at 9:29 AM
finance.yahoo.com logoQorvo® To Unveil New RF Solutions at Mobile World Congress 2017 (NASDAQ:QRVO)
finance.yahoo.com - February 22 at 9:29 AM
finance.yahoo.com logoQorvo® Introduces Industry’s Best Performing and Broadest RF Front End Portfolio for Power Class 2 (NASDAQ:QRVO)
finance.yahoo.com - February 21 at 5:26 PM
News IconAnalyst Advice And Earnings Insight: DiamondRock Hospitality Company (DRH), Qorvo, Inc. (QRVO) - Post Analyst (NASDAQ:QRVO)
postanalyst.com - February 18 at 6:32 PM
News IconQorvo, Inc. (NASDAQ:QRVO) Price Target at 63.687 - Aiken Advocate (NASDAQ:QRVO)
aikenadvocate.com - February 18 at 6:32 PM
News IconQorvo, Inc. (NASDAQ:QRVO) Quarterly EPS At $1.42 - Stock Observer (NASDAQ:QRVO)
www.thestockobserver.com - February 18 at 8:13 AM
News IconQorvo, Inc. (NASDAQ:QRVO) Stock Alert: Price Target in Focus - Aiken Advocate (NASDAQ:QRVO)
aikenadvocate.com - February 17 at 7:59 PM
investorplace.com logoQorvo Inc (QRVO) Stock Prone to Air Pockets But Worth the Wait - Investorplace.com (NASDAQ:QRVO)
investorplace.com - February 17 at 7:59 PM
investorplace.com logoQorvo Inc (QRVO) Stock Prone to Air Pockets But Worth the Wait (NASDAQ:QRVO)
investorplace.com - February 17 at 1:13 PM
News IconQorvo Beats On Earnings and Revenue But Lowers Forecast (NASDAQ:QRVO)
www.guerillastocktrading.com - February 16 at 7:06 PM
News IconSADIF Analytics releases new summary due diligence report for Qorvo Inc ($QRVO). (NASDAQ:QRVO)
reports.pr-inside.com - February 16 at 7:06 PM
News IconQorvo, Inc. (NASDAQ:QRVO) Price Target Set At $63.687 - Transcript Daily (NASDAQ:QRVO)
transcriptdaily.com - February 13 at 8:58 AM
News IconToday Analysts Focus on Qorvo, Inc. (QRVO), Lexington Realty Trust (LXP) - StockNewsJournal (NASDAQ:QRVO)
stocknewsjournal.com - February 12 at 8:24 AM
fool.com logoQorvo's Big Problem: Relying Too Much on a Few Customers (NASDAQ:QRVO)
www.fool.com - February 10 at 10:08 PM
finance.yahoo.com logoQorvo® Wi-Fi Innovator Cees Links Honored with Golden Mousetrap Lifetime Achievement Award (NASDAQ:QRVO)
finance.yahoo.com - February 8 at 9:51 PM
finance.yahoo.com logoQORVO, INC. Financials (NASDAQ:QRVO)
finance.yahoo.com - February 8 at 9:51 PM
News IconThe Qorvo, Inc. (QRVO) Given "Market Perform" Rating at Cowen and Company (NASDAQ:QRVO)
xboxonezone.com - February 7 at 10:29 PM
News IconQorvo, Inc. (QRVO), Harley-Davidson, Inc. (HOG) Stock Eyes Ahead of Earnings - The USA Commerce (NASDAQ:QRVO)
theusacommerce.com - February 7 at 8:38 AM
nasdaq.com logoQorvo Reaches Analyst Target Price (NASDAQ:QRVO)
www.nasdaq.com - February 7 at 12:32 AM
News IconQorvo, Inc. (NASDAQ:QRVO) Daily Sentiment Score At 0.685 - Stock Observer (NASDAQ:QRVO)
www.thestockobserver.com - February 6 at 7:31 PM
News IconThe Qorvo, Inc. (QRVO) to Release Quarterly Earnings on Wednesday (NASDAQ:QRVO)
ekosvoice.com - February 5 at 7:13 PM
News IconQorvo Inc (NASDAQ:QRVO) Noted As 'Buy' In Update From Needham (NASDAQ:QRVO)
brassale.net - February 5 at 7:13 PM
News IconPrice Target Of Qorvo, Inc. (NASDAQ:QRVO)At $63.375 - Transcript Daily (NASDAQ:QRVO)
transcriptdaily.com - February 4 at 7:29 PM
nasdaq.com logoQorvo (QRVO) Beats Q3 Earnings; Shares Fall on Drab View - Nasdaq (NASDAQ:QRVO)
www.nasdaq.com - February 4 at 7:29 PM
News IconNeedham Just Issued "Buy" Rating on Qorvo Inc (QRVO) (NASDAQ:QRVO)
brassale.net - February 3 at 9:41 PM
marketrealist.com logoWhy Did Qorvo Stock Rise in January 2017? (NASDAQ:QRVO)
marketrealist.com - February 3 at 9:41 PM
nasdaq.com logoEarnings Reaction History: QORVO INC, 28.6% Follow-Through Indicator, 9.5% Sensitive - Nasdaq (NASDAQ:QRVO)
www.nasdaq.com - February 3 at 3:20 AM
News IconDrilling Down Into the Charts for Qorvo, Inc. (QRVO) - The USA Commerce (NASDAQ:QRVO)
www.theusacommerce.com - February 3 at 3:20 AM
News IconQorvo, Inc. (NASDAQ:QRVO) Earns Average Broker Rating Of Outperform (NASDAQ:QRVO)
mundoaguaysaneamiento.net - February 2 at 10:18 PM
us.rd.yahoo.com logoEdited Transcript of QRVO earnings conference call or presentation 1-Feb-17 10:00pm GMT (NASDAQ:QRVO)
us.rd.yahoo.com - February 2 at 10:18 PM
us.rd.yahoo.com logoQorvo (QRVO) Beats Q3 Earnings; Shares Fall on Drab View (NASDAQ:QRVO)
us.rd.yahoo.com - February 2 at 10:18 PM
us.rd.yahoo.com logoAnalysts' Actions -- CVS, Edwards Lifesciences, Qorvo, Tesoro and More (NASDAQ:QRVO)
us.rd.yahoo.com - February 2 at 10:18 PM
capitalcube.com logoQorvo, Inc. :QRVO-US: Earnings Analysis: Q3, 2017 By the Numbers : February 2, 2017 (NASDAQ:QRVO)
us.rd.yahoo.com - February 2 at 10:18 PM
us.rd.yahoo.com logoQorvo Analyst Throws In The Towel On Positive View, Downgrades Stock (NASDAQ:QRVO)
us.rd.yahoo.com - February 2 at 10:18 PM
seekingalpha.com logoQorvo (QRVO) Q3 2017 Results - Earnings Call Transcript (NASDAQ:QRVO)
seekingalpha.com - February 2 at 3:30 AM
thestreet.com logoQorvo Is Ready to Hit New Heights (NASDAQ:QRVO)
us.rd.yahoo.com - February 1 at 10:28 PM
us.rd.yahoo.com logoQorvo® Reports Fiscal 2017 Third Quarter Results (NASDAQ:QRVO)
us.rd.yahoo.com - February 1 at 10:28 PM
us.rd.yahoo.com logo4:05 pm Qorvo beats by $0.10, reports revs in-line; guides Q4 EPS below consensus (NASDAQ:QRVO)
us.rd.yahoo.com - February 1 at 10:28 PM
sg.finance.yahoo.com logoQorvo reports 3Q loss (NASDAQ:QRVO)
us.rd.yahoo.com - February 1 at 10:28 PM

Social

What is Qorvo's stock symbol?

Qorvo trades on the NASDAQ under the ticker symbol "QRVO."

Where is Qorvo's stock going? Where will Qorvo's stock price be in 2017?

23 brokerages have issued 12 month target prices for Qorvo's shares. Their forecasts range from $50.00 to $78.00. On average, they anticipate Qorvo's stock price to reach $62.47 in the next twelve months.

When will Qorvo announce their earnings?

Qorvo is scheduled to release their next quarterly earnings announcement on Wednesday, February, 1st 2017.

What are analysts saying about Qorvo stock?

Here are some recent quotes from research analysts about Qorvo stock:

  • Needham & Company LLC analysts commented, "QRVO reported better than expected F3Q17 results that were overshadowed by a poor outlook for F4Q17. The guide for March was adversely affected by handset delays from two Chinese smartphone vendors and the delay of Samsung's GS8. Compounding the issue was a weaker than expected ramp of the North American version of the GS7 expected to fill the void left by the cancellation of the Note 7. Management expressed confidence Q/Q growth to resume in June and forecasts DD Y/Y growth in FY18. While the near-term outlook is certainly disappointing, we do not believe the story has fundamentally changed and encourage investors to buy on weakness. While we modestly lower FY17 and FY18 NG EPS, we raise our PT to $70 from $62 as we introduce FY19 estimates." (2/2/2017)
  • According to Zacks Investment Research, "Qorvo anticipates margins to improve for the rest of fiscal 2017, as operations stabilize and low-band PAD mix declines. The recent win of the Trusted Source Category 1A accreditation from the U.S. Department of Defense is a big positive for the company.Also, the Quorvo-ubisys collaboration over an open source IoTivity framework augurs well in the long run. We note that the stock has outperformed the broader market over the last 12 months. However, the company has a negative record of earnings surprises in recent quarters. Notably, earnings have been stable lately ahead of the company’s  Q3 earnings release. Also, Qorvo operates in a competitive landscape that is becoming more complex with low barriers to entry. Higher R&D costs in order to continuously develop new products for high technological obsolescence may increase costs." (1/20/2017)

Who owns Qorvo stock?

Qorvo's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (13.05%), Vulcan Value Partners LLC (4.59%), State Street Corp (4.28%), Frontier Capital Management Co. LLC (2.17%), Pinnacle Associates Ltd. (1.59%) and Dimensional Fund Advisors LP (1.10%). Company insiders that own Qorvo stock include C Scott Gibson, Daniel A Dileo, Gina Harrison, James L Klein, Jeffery R Gardner, John R Harding, Mark J Murphy, Michael J Laber, Ralph Quinsey, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Steven J Buhaly, Walden C Rhines and Walter H Wilkinson.

Who sold Qorvo stock? Who is selling Qorvo stock?

Qorvo's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Roystone Capital Management LP, Pinnacle Associates Ltd., Guggenheim Capital LLC, Robertson Opportunity Capital LLC, Frontier Capital Management Co. LLC, Allianz Asset Management AG and Van ECK Associates Corp. Company insiders that have sold Qorvo stock in the last year include C Scott Gibson, Daniel A Dileo, Gina Harrison, James L Klein, Jeffery R Gardner, John R Harding, Ralph Quinsey, Robert A Bruggeworth and Roderick Nelson.

Who bought Qorvo stock? Who is buying Qorvo stock?

Qorvo's stock was purchased by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, Friess Associates LLC, Dimensional Fund Advisors LP, NWQ Investment Management Company LLC, Asset Management One Co. Ltd., Janus Capital Management LLC, Putnam Investments LLC and Anavon Capital LLP. Company insiders that have bought Qorvo stock in the last two years include Mark J Murphy and Walden C Rhines.

How do I buy Qorvo stock?

Shares of Qorvo can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Qorvo stock cost?

One share of Qorvo stock can currently be purchased for approximately $67.20.

Qorvo (NASDAQ:QRVO) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Qorvo (NASDAQ:QRVO)

Earnings History Chart

Earnings by Quarter for Qorvo (NASDAQ:QRVO)

Dividend History Chart

Dividend Payments by Quarter for Qorvo (NASDAQ:QRVO)

Last Updated on 2/24/2017 by MarketBeat.com Staff