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Qorvo (GB:0KSJ)
LSE:0KSJ
Qorvo (0KSJ) Share Price & Analysis
1 Followers
0KSJ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$80.93 - $121.37
Previous Close$110.39
Volume213.00
Average Volume (3M)1.02K
Market Cap
$10.62B
Enterprise Value$11.57B
Total Cash (Recent Filing)$1.07B
Total Debt (Recent Filing)$2.03B
Price to Earnings (P/E)-51.0
Beta0.89
Next Earnings
May 01, 2024EPS Estimate
$1.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.16
Shares Outstanding96,548,458
10 Day Avg. Volume566
30 Day Avg. Volume1,025
Standard Deviation0.11
R-Squared0.33
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)17.95
Price to Sales (P/S)26.78
Price to Cash Flow (P/CF)5.40
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.34
Enterprise Value/Gross Profit8.92
Enterprise Value/Ebitda48.71
Forecast
1Y Price Target
$111.56Price Target Upside1.06% Upside
Rating ConsensusHold
Number of Analyst Covering19
Qorvo News
PremiumCompany Announcements
Qorvo Announces Definitive Agreement to Acquire Anokiwave
Bulls Say, Bears Say
Bulls Say
Financial PerformanceQorvo reported revenue and non-GAAP EPS that exceeded Street expectations, driven by strong double-digit RF content growth across large smartphone customers.
Market PositionAnalyst increases non-GAAP EPS estimates for Qorvo and raises the 12-month price target, highlighting the company's continued execution and optimism for further growth.
Operational EfficiencyQorvo generated record Free Cash Flow and reduced inventory significantly, indicating efficient operations and a strong financial position.
Bears Say
Financial PerformanceThe company's gross margin is declining as it continues to grapple with underutilization and higher-cost inventories.
Industry OutlookAnalysts express concerns for the smartphone market, highlighting high customer concentration, limited pricing power, and maturity of the units, which could limit future growth.
Operational ChallengesThe company is likely to experience margin pressure in the near term due to an anticipated increase in operational expenditure to support growth initiatives.
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Options Prices
Currently, No data available
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Ownership Overview
25.07% Insiders
26.68% Mutual Funds
29.26% Other Institutional Investors
18.99% 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 $121.37 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 May 01, 2024 which is in 11 days.
How were Qorvo’s earnings last quarter?
Qorvo released its earnings results on Jan 31, 2024. The company reported $2.1 earnings per share for the quarter, beating the consensus estimate of $1.658 by $0.442.
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 $1.21.
How many shares outstanding does Qorvo have?
Qorvo has 96,548,454 shares outstanding.
What happened to Qorvo’s price movement after its last earnings report?
Qorvo reported an EPS of $2.1 in its last earnings report, beating expectations of $1.658. Following the earnings report the stock price went up 4.621%.
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 187M.
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Qorvo Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$111.56 (1.06% Upside)
$111.56 (1.06% Upside)
Blogger Sentiment
Bullish
GB:0KSJ Sentiment 100%
Sector Average 70%
Sector Average 70%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.44%
12-Months-Change
Fundamentals
Return on Equity
-5.42%
Trailing 12-Months
Asset Growth
-5.33%
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
Q3 2024
0:00 / 0:00
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0KSJ Revenue Breakdown
66.34% ACG
20.37% HPA
13.29% CSG
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0KSJ Stock 12 Months Forecast
Average Price Target
$111.56
▲(1.06% Upside)
Technical Analysis
Best Analysts Covering 0KSJ
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+38.68%
upgraded a buy rating 9 months ago
Copying Karl Ackerman's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +38.68% per trade.
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