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Qorvo Inc

QRVO | US

102.20

USD

-2.30

-2.20%

QRVO | US

About Qorvo Inc

Sector

Technology

Industry

Semiconductors

Earnings date

30/06/2024

As of date

21/10/2024

Close

102.20

Open

103.49

High

103.51

Low

101.35

Qorvo Inc. engages in development and commercialization of technologies and products for wireless wired and power markets. It operates through three segments: High Performance Analog (HPA) Connectivity and Sensors Group (CSG) and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive defense and aerospace cellular infrastructure broadband and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies such as UWB Matter Bluetooth Low Energy Zigbee Thread Wi-Fi cellular IoT and MEMS-/BAW-based sensors. It serves markets such as smart home industrial automation automotive smartphones wearables gaming and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones wearables laptops tablets and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. 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. It operates in the United States China other Asian countries Taiwan and Europe. The company was founded in 1957 and is headquartered in Greensboro North Carolina.

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QRVO | US

Risk
24.5
Sharpe
0.14
Luna's Score
46/100
Recommendation
Hold

Luna says (QRVO | US)

What's Working

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

Midcap (2B - 10B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

22.2%

1 month

24.5%

3 months

40.6%

6 months

41.5%

Returns

Fundamental Ratios

PE

-

Fwd. PE

16.10

Price to book

2.83

Debt to equity

0.56

Debt to assets

0.30

Ent. to EBITDA

21.08

Ent. to rev.

2.68

PEG

0.47

Other Fundamentals

EBITDA

761.27M

MarketCap

9.69B

MarketCap(USD)

9.69B

Div. yield

-

Op. margin

0.57

Erngs. growth

-45.60

Rev. growth

36.20

Ret. on equity

-0.72

Short ratio

1.54

Short perc.

2.73

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

8.28

Range1M

8.28

Range3M

27.16

Volumes: Market Activity

Rel. volume

0.71

Price X volume

81.02M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Common StockONTOSemiconductor Equipment & Materials209.0510.32B-0.26%62.560.97%
MasTec IncMTZEngineering & Construction128.210.16B0.83%1.16K110.20%
Universal Display CorporationOLEDSemiconductor Equipment & Materials204.529.70B0.14%43.831.61%
Stantec IncSTNEngineering & Construction84.119.60B0.43%37.9080.74%
KBR IncKBREngineering & Construction71.089.46B0.81%48.29150.50%
Common StockAPGEngineering & Construction34.359.44B1.06%n/a109.88%
Fluor CorporationFLREngineering & Construction53.869.23B-2.07%23.7153.03%
MACOM Technology Solutions Holdings IncMTSISemiconductors114.088.24B0.25%114.9545.25%
Amkor Technology IncAMKRSemiconductors30.37.47B-0.75%20.0930.60%
Lattice Semiconductor CorporationLSCCSemiconductors52.257.20B-1.99%39.202.75%
  • 1

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Cinemark Holdings IncCNKMedia - Diversified28.563.50B-0.73%27.93934.91%
Clover Leaf Financial CorpCLOVHealthcare Plans4.062.02B1.50%n/a1.23%
Alignment Healthcare Inc. Common StockALHCHealthcare Plans10.452.00B-3.95%n/a177.78%
Patterson Companies IncPDCOMedical Distribution21.291.88B-0.23%11.7994.43%
Lions Gate Entertainment CorpLGF-BMedia - Diversified6.751.69B-3.16%n/a28882.88%
Lions Gate Entertainment CorpLGF-AMedia - Diversified7.561.68B-3.57%n/a28882.88%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA21.08-21.03Expensive
Ent. to Revenue2.6848.27Cheaper
PE Ratio-48.39-
Price to Book2.838.20Cheaper
Dividend Yield-2.02-
Std. Deviation (3M)40.6466.19Lower Risk
Debt to Equity0.560.01Expensive
Debt to Assets0.300.20Expensive
Market Cap9.69B120.69BEmerging
  • 1

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