77.30 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||76.01 x 1100|
|Ask||77.30 x 1000|
|Day's Range||76.13 - 77.81|
|52 Week Range||54.74 - 86.50|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||166.95|
|Earnings Date||May 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||71.86|
Qorvo (QRVO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, will host a conference call to review fiscal 2019 fourth quarter financial results on Tuesday, May 7, 2019, at 5:00 p.m. (ET). Qorvo will distribute fiscal 2019 fourth quarter financial results at approximately 4:00 p.m. (ET) on Tuesday, May 7, 2019. Qorvo (QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity.
Emissions Solutions, AutoNation, Xilinx, Cisco Systems and Qorvo highlighted as Zacks Bull and Bear of the Day
Qorvo is well-positioned for the wireless industry’s move to 5G technology, JPMorgan says. Investors should think about buying Qorvo stock into earnings.
Shares of several Apple Inc. suppliers are down after the company announced that it was settling its long-running patent litigation with Qualcomm Inc. . Macquarie analyst Srini Pajjuri downgraded shares of Skyworks Inc. to neutral from outperform on Tuesday, writing that while he doesn't see too much risk from Qualcomm when it comes to low-band power amplifier duplexers (PADs), Qualcomm is competitive with its diversity receive modules (DRx modules), which could lead to price pressure for Skyworks. Skyworks gets close to half of its revenue from Apple. Pajjuri also wrote that he sees some risk to his calendar 2020 estimates for Qorvo Inc. as both Qorvo and Broadcom Inc. benefitted from Qualcomm share losses at Apple. Broadcom shares are up 0.6% in midday trading Wednesday, while Skyworks and Qorvo shares are down 2.2% and 1.6%, respectively. Skyworks shares have gained 33% over the past three months, as the S&P 500 has risen 10%.
Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 13.5% in the fourth quarter. Seven out of 11 industry groups in the S&P 500 Index were down more than 20% from their 52-week […]
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak perf...
HENDERSON, NV / ACCESSWIRE / April 12, 2019 / With the technology sector being one of the biggest leaders in the recent bull market, we're focusing on tech stocks to watch today. One tech company that ...
Qorvo (QRVO) inks deal to buy Active-Semi International to expand power solutions portfolio and strengthen IDP segment growth. It's a smart move to cushion business from underperforming MP segment.
Q1 Earnings: Smaller Chip Companies to Take a Bigger Blow(Continued from Prior Part)RF suppliers The semiconductor industry is at the start of the 5G (fifth generation) revolution. The 5G ecosystem will provide the connectivity needed to adopt AI
Qorvo®, Inc. (QRVO), a leading provider of innovative RF solutions that connect the world, announced today that it has entered into a definitive agreement to acquire Active-Semi International, Inc. (“Active-Semi”), a private fabless supplier of programmable analog power solutions.
U.S. equities are moving lower on Monday, off their best levels as investors dump key industrial stocks like General Electric (NYSE:GE) after a number of notable downgrades. Energy continues to push higher, as geopolitical tensions bolster what was already a solid uptrend for crude oil.But looking beyond all this and other near-term concerns -- such as the U.S.-China trade machinations and Federal Reserve policy changes -- we are mere months away from the unveiling of an all-new iPhone by Apple (NASDAQ:AAPL). After last year's tepid lineup (a larger iPhone X design and LCD-screened cheaper options) the pressure is on the folks in Cupertino to deliver something closer to the hype that surrounded the iPhone 6 (a larger screen!) and the iPhone X (a larger screen!).The latest rumors are that the next handset will feature a first-ever triple-camera setup for the handset maker, enabling a wider zoom range and a larger field of view. This, along with other features like bi-directional charging, should generate a nice pop in demand and see off the threat of folding handsets from Samsung and others.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Risky Stocks to Watch as Earnings Season Kicks Off As a result, Apple and a number of supplier stocks are moving higher. Here are five to watch: Apple (AAPL) Click to Enlarge Apple shares poised to push up and over the $200-a-share level for the first time since November, powering away from its 200-day moving average and marking a 40%-plus rally off of its early January low. Morgan Stanley analyst Katy Huberty took to CNBC this morning to warn investors not to underestimate the company's push into healthcare given its already dominant 60% revenue market share in wearables and growing focus on biometrics.The company will next report results on April 30 after the close. Analysts are looking for earnings of $2.37 per share on revenues of $57.5 billion. When the company last reported on Jan. 29, earnings of $4.18 beat estimates by a penny on a 4.5% drop in revenues. Skyworks (SWKS) Click to Enlarge Skyworks (NASDAQ:SWKS) shares are pushing up and out of a three-month consolidation range, returning to levels not seen since early November and breaking above the prior high set in February.Cascend Research analysts recently highlighted evidence of a recovery in Chinese smartphone demand, which they view as a positive for sales of the company's phone components.The company will next report results on May 2 after the close. Analysts are looking for earnings of $1.43 per share on revenues of $809.5 million. * 7 Cheap Energy Stocks to Buy Now When the company last reported on Feb. 5, earnings of $1.83 matched estimates on a 7.6% decline in revenues. Qorvo (QRVO) Click to Enlarge Qorvo (NASDAQ:QRVO) shares are also pushing up and over their 200-day moving average to return to levels seen in early November. Shares were recently upgraded to buy by analysts at KeyBanc Capital Markets with an $85 price target. This follows an upgrade in late March by Goldman Sachs citing stabilization in the smartphone marketplace.The company will next report results on May 1 after the close. Analysts are looking for earnings of $1.06 per share on revenues of $670.6 million. When the company last reported on Feb. 7, earnings of $1.85 beat estimates by 16 cents on a 1.6% drop in revenues. Cirrus Logic (CRUS) Click to Enlarge Cirrus Logic (NASDAQ:CRUS) shares are moving up to challenge its early November highs, setting up a breakout from a two-year consolidation range that followed a 50%+ decline from the highs set in the summer of 2017.This comes as shares shrug off a downgrade from Craig Hallum analysts back in January, citing disappointing demand in the 2018 iPhone lineup.The company will next report results on May 1 after the close. Analysts are looking for earnings of 12 cents per share on revenues of $219.7 million. * 7 High-Risk Stocks With Big Potential Rewards When the company last reported on Jan. 30, earnings of 91 cents per share beat estimates by 13 cents on a 32.8% drop in revenues. Broadcom (AVGO) Click to Enlarge Broadcom (NASDAQ:AVGO) shares are going from strength to strength, consolidating their recent push above the $300-a-share threshold after spending three years mired in the mid-$200 range.Bank of America Merrill Lynch analyst Vivek Arya recently examined semiconductor industry tends over the last 30 years and concluded investors could be overlooking a high-quality sector that is twice as profitable as the broad market.The company will next report results on June 6 after the close. Analysts are looking for earnings of $5.18 per share on revenues of $5.7 billion. When the company last reported on March 14, earnings of $5.55 beat estimates by 32 cents on an 8.6% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post IPhone Hype Builds Again: 5 Stocks on the Rise appeared first on InvestorPlace.
Semis with major exposure to China could end up getting crushed if a trade deal falls apart or fails to meet expectations.
Micron Fell after Morgan Stanley Downgraded the Stock(Continued from Prior Part)Micron’s inventoryMicron (MU) is the largest US (SPY) manufacturer of DRAM and NAND memory chips. However, the company is facing depleting demand for memory chips. The
AMD Stock Rose Due to Coverage Initiation, Positive Trade DealStock price movement Advanced Micro Devices (AMD) stock rose 8.5% to $29.02 on April 3. The stock rose due to a series of positive events including optimism about resolving the US-China
Investors have been holding back until President Trump’s negotiators complete talks with the world’s most populous nation.
The state of the semiconductor industry has been the subject of much debate, and most analysts are wary of the demand outlook for the sector in the near- and medium-term. Against this backdrop, an analyst ...
Qorvo Inc NASDAQ/NGS:QRVOView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for QRVO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding QRVO are favorable, with net inflows of $8.05 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Dow Jones stock Walt Disney gained, and Walgreens dived; chipmaker Qorvo jumped after an upgrade as stocks opened lower on Tuesday.