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Qorvo (GB:0KSJ)
LSE:0KSJ
Holding GB:0KSJ?
Track your performance easily
0KSJ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$80.93 - $130.97
Previous Close$103.91
Volume248.00
Average Volume (3M)1.14K
Market Cap
$9.89B
Enterprise Value$10.77B
Total Cash (Recent Filing)$1.08B
Total Debt (Recent Filing)$1.96B
Price to Earnings (P/E)―
Beta0.64
Next Earnings
Oct 29, 2024EPS Estimate
$1.85Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.28
Shares Outstanding94,861,346
10 Day Avg. Volume338
30 Day Avg. Volume1,138
Standard Deviation0.11
R-Squared0.24
Alpha0.00738
Financial Highlights & Ratios
Price to Book (P/B)2.78
Price to Sales (P/S)2.47
Price to Cash Flow (P/CF)30.50
P/FCF Ratio41.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.69
Enterprise Value/Gross Profit7.24
Enterprise Value/Ebitda21.13
Forecast
1Y Price Target
$125.64Price Target Upside20.91% Upside
Rating ConsensusHold
Number of Analyst Covering12
Qorvo News
Bulls Say, Bears Say
Bulls Say
EarningsBetter than expected gross margin led to earnings per share of $0.87, exceeding prior estimates of $0.70.
Financial PerformanceQorvo reported revenue of $887M, surpassing both management's prior guidance midpoint and consensus estimates.
GuidanceGuidance for gross margin improvement is driven by mix, utilization, and productivity initiatives, indicating a positive outlook.
Bears Say
Edge AI And Competitive PositionQorvo is not seen as the largest beneficiary of the Edge AI theme initially, with Apple being favored in the premium tier where Android is expected to lose share.
Smartphone Demand And Market ShareLingering inventory and muted smartphone demand have prevented the expected growth for Qorvo.
Supply Chain And Market ConditionsLimited upside is seen around a weaker Android supply chain and weak broad market conditions.
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Options Prices
Currently, No data available
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Ownership Overview
0.62% Insiders
24.73% Mutual Funds
0.22% Other Institutional Investors
39.44% Public Companies and
Individual Investors
0KSJ FAQ
What was Qorvo’s price range in the past 12 months?
Qorvo lowest share price was $80.93 and its highest was $130.97 in the past 12 months.
What is Qorvo’s market cap?
Currently, no data Available
When is Qorvo’s upcoming earnings report date?
Qorvo’s upcoming earnings report date is Oct 29, 2024 which is in 10 days.
How were Qorvo’s earnings last quarter?
Qorvo released its earnings results on Jul 30, 2024. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.709 by $0.161.
Is Qorvo overvalued?
According to Wall Street analysts Qorvo’s price is currently Undervalued.
Does Qorvo pay dividends?
Qorvo does not currently pay dividends.
What is Qorvo’s EPS estimate?
Qorvo’s EPS estimate is $1.85.
How many shares outstanding does Qorvo have?
Qorvo has 94,861,340 shares outstanding.
What happened to Qorvo’s price movement after its last earnings report?
Qorvo reported an EPS of $0.87 in its last earnings report, beating expectations of $0.709. Following the earnings report the stock price went down -2.505%.
Which hedge fund is a major shareholder of Qorvo?
Among the largest hedge funds holding Qorvo’s share is Vulcan Value Partners, Llc. It holds Qorvo’s shares valued at 246M.
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Qorvo Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$125.64 (20.91% Upside)
$125.64 (20.91% Upside)
Blogger Sentiment
Bullish
GB:0KSJ Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $237.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.95%
12-Months-Change
Fundamentals
Return on Equity
-0.72%
Trailing 12-Months
Asset Growth
-3.58%
Trailing 12-Months
Company Description
Qorvo
Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.
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0KSJ Earnings Call
Q1 2024
0:00 / 0:00
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0KSJ Revenue Breakdown
73.27% ACG
15.20% HPA
11.53% CSG
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0KSJ Stock 12 Month Forecast
Average Price Target
$125.64
▲(20.91% Upside)
Technical Analysis
Best Analysts Covering 0KSJ
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+26.39%
reiterated a buy rating 6 months ago
Copying Cody Acree's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +26.39% per trade.
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