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NASDAQ:QRVO - Qorvo Stock Price, Forecast & News

$113.39
-5.29 (-4.46 %)
(As of 01/27/2020 01:29 AM ET)
Today's Range
$112.28
Now: $113.39
$117.40
50-Day Range
$106.62
MA: $114.20
$118.68
52-Week Range
$58.52
Now: $113.39
$118.78
Volume2.41 million shs
Average Volume1.48 million shs
Market Capitalization$13.17 billion
P/E Ratio54.51
Dividend YieldN/A
Beta1.22
Qorvo, Inc provides radio frequency (RF) solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) segments. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PAs), low noise amplifiers (LNAs), switches, multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers, and modules incorporating switches, PAs, and duplexers. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:QRVO
CUSIPN/A
Phone336-664-1233

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.09 billion
Cash Flow$10.36 per share
Book Value$35.51 per share

Profitability

Net Income$133.13 million

Miscellaneous

Employees8,100
Market Cap$13.17 billion
Next Earnings Date1/29/2020 (Confirmed)
OptionableOptionable

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Qorvo (NASDAQ:QRVO) Frequently Asked Questions

What is Qorvo's stock symbol?

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

How were Qorvo's earnings last quarter?

Qorvo Inc (NASDAQ:QRVO) announced its quarterly earnings results on Thursday, October, 31st. The semiconductor company reported $1.52 EPS for the quarter, beating the Zacks' consensus estimate of $1.30 by $0.22. The semiconductor company earned $806.70 million during the quarter, compared to analysts' expectations of $754.67 million. Qorvo had a return on equity of 15.10% and a net margin of 8.19%. Qorvo's revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.75 EPS. View Qorvo's Earnings History.

When is Qorvo's next earnings date?

Qorvo is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Qorvo.

How can I listen to Qorvo's earnings call?

Qorvo will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has Qorvo issued on next quarter's earnings?

Qorvo issued an update on its third quarter earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of approx $1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of $840-860 million, compared to the consensus revenue estimate of $761.25 million.

What price target have analysts set for QRVO?

18 brokerages have issued twelve-month price targets for Qorvo's shares. Their forecasts range from $74.00 to $127.00. On average, they expect Qorvo's share price to reach $98.00 in the next twelve months. This suggests that the stock has a possible downside of 13.6%. View Analyst Price Targets for Qorvo.

What is the consensus analysts' recommendation for Qorvo?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qorvo.

Has Qorvo been receiving favorable news coverage?

Media coverage about QRVO stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Qorvo earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Qorvo.

Are investors shorting Qorvo?

Qorvo saw a drop in short interest in January. As of January 15th, there was short interest totalling 3,400,000 shares, a drop of 15.8% from the December 31st total of 4,040,000 shares. Based on an average daily volume of 1,690,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.9% of the company's stock are short sold. View Qorvo's Current Options Chain.

Who are some of Qorvo's key competitors?

What other stocks do shareholders of Qorvo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Qorvo investors own include Skyworks Solutions (SWKS), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), TriQuint Semiconductor (TQNT), Starbucks (SBUX), Walt Disney (DIS) and Intel (INTC).

Who are Qorvo's key executives?

Qorvo's management team includes the folowing people:
  • Mr. Robert A. Bruggeworth, Pres, CEO & Director (Age 58)
  • Mr. Mark J. Murphy, Chief Financial Officer (Age 51)
  • Ms. Gina B. Harrison, VP & Corp. Controller (Age 51)
  • Mr. James L. Klein, Corp. VP and Pres of Infrastructure & Defense Products (Age 54)
  • Mr. Steven E. Creviston, Corp. VP & Pres of Mobile Products (Age 55)

Who are Qorvo's major shareholders?

Qorvo's stock is owned by many different of retail and institutional investors. Top institutional shareholders include New York State Teachers Retirement System (0.16%), Assenagon Asset Management S.A. (0.13%), State of Alaska Department of Revenue (0.08%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%), F&V Capital Management LLC (0.07%) and United Services Automobile Association (0.05%). Company insiders that own Qorvo stock include Daniel A Dileo, David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Ralph Quinsey, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Susan Louise Spradley and Walter H Wilkinson. View Institutional Ownership Trends for Qorvo.

Which institutional investors are selling Qorvo stock?

QRVO stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH, First Hawaiian Bank, F&V Capital Management LLC, Farmers & Merchants Trust Co of Chambersburg PA, IFM Investors Pty Ltd and Commerzbank Aktiengesellschaft FI. Company insiders that have sold Qorvo company stock in the last year include David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Ralph Quinsey, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Susan Louise Spradley and Walter H Wilkinson. View Insider Buying and Selling for Qorvo.

Which institutional investors are buying Qorvo stock?

QRVO stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., United Services Automobile Association, Three Peaks Capital Management LLC, Covenant Asset Management LLC, Deane Retirement Strategies Inc., Zurcher Kantonalbank Zurich Cantonalbank, Polianta Ltd and Strs Ohio. View Insider Buying and Selling for Qorvo.

How do I buy shares of Qorvo?

Shares of QRVO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Qorvo's stock price today?

One share of QRVO stock can currently be purchased for approximately $113.39.

How big of a company is Qorvo?

Qorvo has a market capitalization of $13.17 billion and generates $3.09 billion in revenue each year. The semiconductor company earns $133.13 million in net income (profit) each year or $5.25 on an earnings per share basis. Qorvo employs 8,100 workers across the globe.View Additional Information About Qorvo.

What is Qorvo's official website?

The official website for Qorvo is http://www.qorvo.com/.

How can I contact Qorvo?

Qorvo's mailing address is 7628 THORNDIKE ROAD, GREENSBORO NC, 27409. The semiconductor company can be reached via phone at 336-664-1233 or via email at [email protected]


MarketBeat Community Rating for Qorvo (NASDAQ QRVO)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  658 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  1,165
MarketBeat's community ratings are surveys of what our community members think about Qorvo and other stocks. Vote "Outperform" if you believe QRVO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QRVO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/27/2020 by MarketBeat.com Staff

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