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Qorvo Inc Stock Research

QRVO

95.03USD-0.18(-0.19%)Delayedas of 21 Sep 2023, 12:44 pm
Watchlist

Market Summary

USD95.03-0.18
Delayedas of 21 Sep 2023, 12:44 pm
-0.19%

QRVO Alerts

QRVO Stock Price

QRVO RSI Chart

QRVO Valuation

Market Cap

9.3B

Price/Earnings (Trailing)

-1.0K

Price/Sales (Trailing)

2.93

EV/EBITDA

26.76

Price/Free Cashflow

20.29

QRVO Price/Sales (Trailing)

QRVO Profitability

EBT Margin

3.49%

Return on Equity

2.64%

Return on Assets

1.54%

Free Cashflow Yield

4.93%

QRVO Fundamentals

QRVO Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

-37.11%

Revenue Q/Q

2.92%

QRVO Earnings

Earnings (TTM)

-9.3M

Earnings Y/Y

-163.27%

Earnings Q/Q

68.52%

Price Action

52 Week Range

75.38114.59
(Low)(High)

Last 7 days

0.9%

Last 30 days

-5.4%

Last 90 days

-5.7%

Trailing 12 Months

10.9%

QRVO Financial Health

Current Ratio

3.65

Debt/Equity

0.52

Debt/Cashflow

0.41

QRVO Investor Care

Buy Backs (1Y)

6.77%

Diluted EPS (TTM)

-0.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for QRVO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-06
Harrison Gina
sold
-70,800
106
-662
vp and corporate controller
2023-09-06
Stewart Frank P.
sold
-53,500
107
-500
svp, advanced cellular
2023-09-05
Stewart Frank P.
sold
-54,000
108
-500
svp, advanced cellular
2023-08-30
Nelson Roderick
sold
-220,342
106
-2,067
-
2023-08-22
BRUGGEWORTH ROBERT A
sold
-880,804
101
-8,689
president and ceo
2023-08-15
BRUGGEWORTH ROBERT A
acquired
-
-
48,017
president and ceo
2023-08-15
Brown Grant
acquired
-
-
10,225
svp & chief financial officer
2023-08-15
QUINSEY RALPH
acquired
-
-
2,132
-
2023-08-15
Ho David H Y
acquired
-
-
2,132
-
2023-08-15
HARDING JOHN R
sold
-800,857
102
-7,850
-

1–10 of 50

Which funds bought or sold QRVO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
6.73
1,633
24,283
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
21,936
21,936
-%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-773,151
-
-%
2023-08-22
Old North State Trust, LLC
sold off
-100
-66,000
-
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
3,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.22
-643,449
16,355,000
0.02%
2023-08-21
BOKF, NA
added
34.63
1,099,010
4,217,820
0.09%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-7.73
-73,000
933,000
0.01%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-8.74
-221,418
2,542,800
-%
2023-08-17
Orion Portfolio Solutions, LLC
reduced
-64.45
-1,897,450
1,053,770
0.01%

1–10 of 47

Latest Funds Activity

Are funds buying QRVO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own QRVO
No. of Funds

Schedule 13G FIlings of Qorvo

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
vulcan value partners, llc
2.67%
2,728,901
SC 13G/A
Feb 13, 2023
capital research global investors
5.5%
5,606,628
SC 13G
Feb 13, 2023
baupost group llc/ma
5.65%
5,731,657
SC 13G/A
Feb 09, 2023
vanguard group inc
11.67%
11,829,838
SC 13G/A
Feb 07, 2023
blackrock inc.
8.4%
8,521,126
SC 13G/A
Feb 14, 2022
vulcan value partners, llc
5.12%
5,640,650
SC 13G/A
Feb 11, 2022
baupost group llc/ma
5.39%
5,945,744
SC 13G
Feb 03, 2022
blackrock inc.
7.9%
8,694,492
SC 13G/A
Feb 16, 2021
capital research global investors
2.4%
2,734,670
SC 13G/A
Feb 16, 2021
vulcan value partners, llc
4.06%
4,625,057
SC 13G/A

Recent SEC filings of Qorvo

View All Filings
Date Filed Form Type Document
Sep 13, 2023
S-4
Mergers and Acquisition
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 06, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
144
Notice of Insider Sale Intent
Sep 05, 2023
144
Notice of Insider Sale Intent
Aug 31, 2023
4
Insider Trading
Aug 30, 2023
144
Notice of Insider Sale Intent
Aug 28, 2023
8-K
Current Report
Aug 24, 2023
4
Insider Trading

QRVO Fair Value

Loading...

Peers (Alternatives to Qorvo)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-10.07% 220.66%
101.17
31.96
9.90% 33.38%
343.0B
35.5B
-4.00% 72.51%
25.06
9.68
11.91% 53.33%
161.9B
21.9B
-7.28% 33.34%
-6.5K
7.4
1.39% -100.80%
147.2B
18.8B
-3.48% -1.61%
19.15
7.82
-3.94% -10.38%
145.1B
54.0B
4.68% 22.88%
-157.35
2.68
-26.36% -104.83%
18.1B
3.0B
-6.86% 26.95%
115.58
6.05
20.63% -17.29%
11.7B
722.9M
-7.22% 65.38%
56.93
16.13
23.44% 50.75%
MID-CAP
5.5B
6.9B
-12.42% 23.72%
9.5
0.8
6.33% -16.28%
4.5B
514.5M
-4.14% 15.96%
49.9
8.77
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-2.70% 33.62%
-44.3
0.67
-7.23% -137.93%
877.0M
1.1B
-12.41% 10.30%
38.86
0.82
-8.91% -64.16%
790.1M
691.3M
-8.49% -14.61%
63.9
1.14
-11.09% -97.27%
483.0M
122.0M
-0.73% -25.65%
-15.55
3.96
-9.27% -3581.39%
309.4M
250.2M
-8.00% -30.79%
-7.81
1.24
-43.50% -156.17%

Qorvo News

InvestorsObserver
What is the Market's View on Qorvo Inc (QRVO) Stock's Price and Volume Trends Wednesday?.
InvestorsObserver,
21 hours ago
Investing.com UK

Returns for QRVO

Cumulative Returns on QRVO

7.9%


7-Year Cumulative Returns

3.9%


5-Year Cumulative Returns

-9.4%


3-Year Cumulative Returns

Risks for QRVO

What is the probability of a big loss on QRVO?

84.2%


Probability that Qorvo stock will be more than 20% underwater in next one year

56.1%


Probability that Qorvo stock will be more than 30% underwater in next one year.

17.7%


Probability that Qorvo stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does QRVO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Qorvo was unfortunately bought at previous high price.

Drawdowns

Financials for Qorvo

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-10.8%3,1853,5694,1034,4744,5714,6464,5524,5334,3384,0153,7303,5053,2513,2393,1323,0963,1733,0903,0753,0883,025
Gross Profit-11.3%1,1511,2971,7532,0332,1152,2862,2442,2342,1041,8841,6911,5211,3531,3221,2531,2231,2531,1951,1811,1801,147
Operating Expenses0.3%1,1181,1141,1101,1031,0841,0609969829939779759528938998679109629791,0611,0601,068
  S&GA Expenses1.0%362359360365361350344355371367374362341344333378429476524525524
  R&D Expenses-0.8%644650645650640624612594592570550536496484470457458450448445440
EBITDA-100.0%-400--1,4571,455---883474473462455144136133136---
EBITDA Margin-100.0%-0.11*--0.32*0.31*---0.22*0.13*0.14*0.14*0.14*0.05*0.04*0.04*0.04*---
Interest Expenses0.0%68.0068.0069.0067.0065.0063.0061.0063.0072.0075.0079.0078.0067.0060.0052.0044.0041.0044.0050.0057.0062.00
Earnings Before Taxes-100.0%-125---1,181---807---395---92.00-2.08-7.53-4.72
EBT Margin-100.0%-0.03*--0.26*0.25*---0.20*0.11*0.11*0.12*0.12*0.03*0.03*0.03*0.03*---
Net Income-109.0%-9.311034546868171,0331,1201,10592273448544639233434525420313359.00-43.49-39.66
Net Income Margin-100.0%-0.03*0.11*0.15*0.18*0.22*0.25*0.24*0.21*0.18*0.13*0.13*0.12*0.10*0.11*------
Free Cashflow-100.0%-6849488127898368661,1671,2071,115969861759782754------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.1%6,6876,6927,0767,3757,3317,5097,6277,5767,2727,2217,0417,8246,8836,5616,5205,8495,9265,8085,8065,9475,782
  Current Assets2.9%2,0882,0302,2582,5212,3722,4502,4462,5412,3742,4842,3223,0632,0791,6912,0681,5521,5571,6851,6161,6201,368
    Cash Equivalents-8.0%7448099199128599739891,1531,2001,3981,2342,0001,1367161,098587630711650558334
  Inventory15.2%917797857841847756710598570508479477524517480485518512465475502
  Net PPE-5.4%1,0881,1501,1921,2231,2341,2541,2671,2771,2711,2661,2321,2251,2361,2591,2791,2961,3091,3671,3981,4021,369
  Goodwill0.0%2,7612,7612,7702,7572,7672,7762,8252,7342,7382,6432,65122.002,6152,6142,4161032,3012,1742,1742,174-
Liabilities3.1%2,8742,7892,9123,0533,0302,9562,9592,8492,6232,5922,5383,4172,5312,2682,1801,5831,5891,4481,2291,3151,104
  Current Liabilities15.0%6395566147647186756739027046826141,477509539491450452436414462403
  Long Term Debt-100.0%-2,048---2,0472,0471,7411,7421,7431,7441,7641,8701,5671,5691,0161,019921714735558
    LT Debt, Current--------6.005.005.005.009057.007.005.004.002.000.00---
    LT Debt, Non Current0.0%2,0482,0482,0482,0472,0472,047---------------
Shareholder's Equity-2.3%3,8123,9034,1654,3224,3014,5534,6674,7284,6484,6294,5044,4074,3514,2934,3394,2654,3374,3604,5774,6324,678
  Retained Earnings-100.0%-84.0031644835651253354640535519311349.00--37.15-198-281-321-382-452-484
Accumulated Depreciation1.8%1,9341,9001,8461,8201,7831,7351,6981,6551,6101,5621,5201,4781,4601,4151,3741,3221,2721,2191,1591,131950
Shares Outstanding-0.6%98.0099.00100102105106109110112113114114115115116117119119124126126
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-27.1%6158431,1241,0039811,0491,1061,3931,4291,3021,1131,010903946919951992810882819824
  Share Based Compensation2.9%10910697.0097.0094.0084.0091.0091.0093.0089.0085.0082.0073.0076.0075.0077.0077.0072.0069.0064.0066.00
Cashflow From Investing22.8%-118-153-161-412-406-595-629-374-423-218-623-829-786-1,105-665-502-479-247-236-194-269
Cashflow From Financing28.2%-612-853-1,031-825-910-875-719-1,865-943-401-3541,232392166194-419-217-776-835-639-732
  Buy Backs-29.0%6128621,0391,1391,2021,1521,000858740515465430490515689716638638390318288

QRVO Income Statement

2023-07-01
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]  
Revenues$ 651,164$ 1,035,358
Cost of goods sold422,094660,108
Gross profit229,070375,250
Operating Expenses [Abstract]  
Research and Development Expense163,090168,568
Selling, general and administrative105,423101,815
Other operating expense8,6933,008
Total operating expenses277,206273,391
Operating (loss) income(48,136)101,859
Interest expense(17,261)(17,252)
Other income (expense), net13,716(5,062)
(Loss) income before income taxes(51,681)79,545
Income tax benefit (expense)8,101(10,661)
Net (loss) income$ (43,580)$ 68,884
Earnings Per Share [Abstract]  
Basic$ (0.44)$ 0.65
Diluted$ (0.44)$ 0.65
Weighted Average Number of Shares Outstanding, Diluted [Abstract]  
Basic98,509105,173
Diluted98,509106,080

QRVO Balance Sheet

2023-07-01
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 01, 2023
Apr. 01, 2023
Current assets:  
Cash and cash equivalents$ 744,428$ 808,757
Accounts receivable, net of allowance of $415 and $369 as of July 1, 2023 and April 1, 2023, respectively307,913304,519
Inventories917,390796,596
Prepaid expenses49,25346,684
Other Receivables, Net, Current19,32826,535
Other current assets49,46346,703
Total current assets2,087,7752,029,794
Property and equipment, net of accumulated depreciation of $1,933,949 and $1,900,317 as of July 1, 2023 and April 1, 2023, respectively1,087,6831,149,806
Goodwill2,760,9302,760,813
Intangible assets, net507,174537,703
Long-term investments27,02020,406
Other non-current assets216,010193,381
Total assets6,686,5926,691,903
Current liabilities:  
Accounts payable294,171210,701
Accrued liabilities264,315222,463
Other current liabilities80,490122,599
Total current liabilities638,976555,763
Long-Term Debt, Excluding Current Maturities2,048,2552,048,073
Other long-term liabilities187,138185,273
Total liabilities2,874,3692,789,109
Stockholders’ equity:  
Preferred stock, $.0001 par value; 5,000 shares authorized; no shares issued and outstanding00
Common stock and additional paid-in capital, $.0001 par value; 405,000 shares authorized; 98,048 and 98,649 shares issued and outstanding at July 1, 2023 and April 1, 2023, respectively3,816,2603,821,474
Accumulated other comprehensive loss(4,037)(3,175)
Retained earnings084,495
Total stockholders’ equity3,812,2233,902,794
Total liabilities and stockholders’ equity$ 6,686,592$ 6,691,903
Robert A. Bruggeworth
8900
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. The company offers integrated modules incorporating switches, power amplifiers, filters, multiplexers and other components, radio frequency (RF) power management integrated circuits, antenna tuners, antenna-plexers, discrete filters and duplexers, discrete switches, and ultra-wideband (UWB) system solutions. It also provides integrated solutions that include switch-LNA modules, variable gain amplifiers, discrete power amplifiers (PA), 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 (SoC) hardware, firmware, and application software for smart home applications; automotive RF connectivity products and UWB SoC 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.