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Qorvo, Inc. (QRVO)

Stock Price: $150.11 USD 1.87 (1.26%)
Updated November 27, 1:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 17.12B
Revenue (ttm) 3.50B
Net Income (ttm) 445.59M
Shares Out 114.05M
EPS (ttm) 3.79
PE Ratio 39.61
Forward PE 17.18
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 27
Last Price $150.11
Previous Close $148.24
Change ($) 1.87
Change (%) 1.26%
Day's Open 149.31
Day's Range 148.86 - 151.06
Day's Volume 756,265
52-Week Range 67.54 - 154.43

More Stats

Market Cap 17.12B
Enterprise Value 17.79B
Earnings Date (est) Feb 3, 2021
Ex-Dividend Date n/a
Shares Outstanding 114.05M
Float 113.43M
EPS (basic) 3.88
EPS (diluted) 3.79
FCF / Share 7.53
Dividend n/a
Dividend Yield n/a
Earnings Yield 2.52%
FCF Yield 5.03%
Payout Ratio n/a
Shares Short 2.21M
Short Ratio 1.87
Short % of Float 1.95%
Beta 1.48
PE Ratio 39.61
Forward PE 17.18
P/FCF Ratio 19.88
PS Ratio 4.89
PB Ratio 3.81
Revenue 3.50B
Operating Income 569.58M
Net Income 445.59M
Free Cash Flow 861.21M
Net Cash -669.23M
Net Cash / Share -5.87
Gross Margin 38.82%
Operating Margin 16.25%
Profit Margin 12.70%
FCF Margin 24.57%
ROA 5.85%
ROE 10.28%
ROIC 17.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (23)

Buy 14
Overweight 1
Hold 8
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$159.00*
(5.92% upside)
Low
130
Current: $150.11
High
200
Target: 159.00
*Average 12-month price target from 21 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720172016201420132012
Revenue3,2393,0902,9743,0332,6111,7111,148964
Revenue Growth4.82%3.93%-1.95%16.16%52.59%49.01%19.09%-
Gross Profit1,3221,1951,1471,1361,050689405306
Operating Income42321670.2884.9711.9712227.34-15.68
Net Income334133-40.29-16.56-28.8519612.64-53.00
Shares Outstanding11712512712714290.4870.5069.65
Earnings Per Share2.801.05-0.32-0.13-0.202.110.18-0.76
EPS Growth166.67%----1072.22%--
Operating Cash Flow94681085377768830613171.25
Capital Expenditures-164-221-270-553-316-170-64.25-53.80
Free Cash Flow78258958322437213666.6017.46
Cash & Equivalents715711926545613545244-
Total Debt1,574921983989988-87.26-
Net Cash / Debt-859-210-57.25-444-375545157-
Assets6,5615,8086,3826,5226,5976,892920-
Liabilities2,2681,4481,6061,6261,597719244-
Book Value4,2934,3604,7764,8975,0006,173676-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Qorvo, Inc.
Country United States
Employees 7,900
CEO Robert A. Bruggeworth

Stock Information

Ticker Symbol QRVO
Stock Exchange NASDAQ
Sector Technology
Industry Semiconductors
Unique Identifier NASDAQ: QRVO
IPO Date June 3, 1997

Description

Qorvo develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates in two segments, Mobile Products, and Infrastructure and Defense Products. The company offers integrated modules incorporating switches, power amplifiers, filters and duplexers, antenna tuners, RF power management integrated circuits, multimode/multi-band PAs and transmit modules, antenna-plexers, discrete filters and duplexers, discrete switches, and UWB system solutions, as well as envelope tracking power management solutions, antenna control solutions, and UWB system solutions supporting secure, low power, location, and communication services. It also provides integrated solutions that include switch-LNA modules, variable gain amplifiers, and integrated PA Doherty modules for massive multiple-input/multiple-output systems; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; Wi-Fi customer premises equipment, including power amplifiers, switches, low noise amplifiers, and bulk acoustic wave filters; system-on-a-chip hardware, firmware, and application software for smart home applications; automotive RF connectivity products and metal oxide semiconductor based UWB chip and module system solutions; and power application controllers and programmable analog power ICs. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.