|Bid||81.96 x 800|
|Ask||82.02 x 1000|
|Day's Range||81.46 - 82.94|
|52 Week Range||62.68 - 86.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||82.33|
President Donald Trump escalated the United States’ trade war tit-for-tat with China again this week when he threatened to tax the total value of the goods China exports to the U.S. — an amount that totaled more than $500 billion in 2017. This increase in rhetorical intensity has put Wall Street on edge, but, while all stocks could indirectly be impacted by a tariff-induced slowdown in economic growth, those companies with greater revenue exposure to China are especially at risk. Technology stocks have outsized revenue exposure to China.
Remarkably, these market groups have held close to their 2018 highs in the second quarter, with investors betting that political posturing will yield fruitful negotiations. U.S. chipmakers stand to lose worldwide market share in a trade war because they're deeply embedded within Chinese technology products. For Skyworks Solutions, Inc ( SWKS), 83% of sales now come from China, with Qualcomm Incorporated ( QCOM) at 64% and Qorvo, Inc. ( QRVO), formed by the merger of TriQuint Semiconductor and RF Micro Devices, at 62%.
If you are still holding on to shares of Qorvo (QRVO) in your portfolio, it is time you dump them. The near term prospects appear bleak.
The Internet of Things (IoT) is not longer some strange, unknowable concept. Instead it has integrated itself almost seamlessly into consumer products. Headphones, smartwatches, smart speakers, and security systems all need short-range radios, with standards like Bluetooth, WiFi and Zigbee.
Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced the appointment of Paul J. Fego, 61, as corporate vice president, global operations, effective July 30, 2018.
NEW YORK, June 18, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Summit ...
Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has commenced cash tender offers (the “Tender Offers”) for any and all of its 6.75% Senior Notes due 2023 (the “2023 Notes”) and up to $150,000,000 of its 7.00% Senior Notes due 2025 (the “2025 Notes” and collectively with the 2023 Notes, the “Notes”). Information related to the Notes and the Tender Offers is listed in the table below. The 2025 Notes do not have a related Consent Solicitation.
Qorvo (QRVO) recently introduced new 5G infrastructure solutions. The company also launched GaN FEMs for portfolio tailor-made to enhance defense applications.
The number of IoT devices in existence continues to swell, and that's creating plenty of opportunities for chipmakers to profit. predicts there will be 19.8 billion IoT devices in existence in 2023, up from just seven billion in 2017.
GREENSBORO, N.C., June 12, 2018-- Qorvo ®, a leading provider of innovative RF solutions that connect the world, today introduced five new power amplifiers and front end modules that further expand its ...
GREENSBORO, N.C., June 12, 2018-- Qorvo ®, a leading provider of innovative RF solutions that connect the world, today introduced two very compact, high-performance, X-band front end modules designed for ...
Short interest is low for QRVO with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 20. Index (PMI) data, output in the Technology sector is rising.
Just as a rising tide lifts all boats, climbing Apple Inc. stock rallies suppliers. Action Alerts PLUS holding Apple snagged a new record high stock price in Friday, June 1, trading as Wall Street anticipated a flurry of market-moving headlines at the company's Worldwide Developers Conference (WWDC) beginning Monday, June 4.
Apple's (AAPL) focus on building a closed ecosystem of semiconductor solutions is likely to affect suppliers like Dialog, Cirrus Logic (CRUS) and Qorvo (QRVO).
LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want access to our free earnings report on Qorvo, Inc. (QRVO), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=QRVO. The Company reported its financial results on May 02, 2018, for the fourth quarter of the fiscal year 2018 (Q4 FY18). The Company, which is a provider of innovative radio frequency (RF) solutions that connect the world, exceeded market expectations for revenue and earnings for Q4 FY18.
Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to present at the Bank of America Merrill Lynch 2018 Global Technology Conference in San Francisco on Wednesday, June 6, 2018 at 12:50 p.m. PT/3:50 p.m. ET. Qorvo (QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. Visit www.qorvo.com to learn how Qorvo connects the world.
Chip maker Qorvo Inc. said Wednesday its board has approved the dismissal of KPMG LLP as the company's auditor, effective the filing of its annual report for the year to end March. In a regulatory filing, ...
Shares of Qorvo Inc. edged up 0.3% in premarket trade Wednesday, to buck a broad-market selloff, after the wireless components maker announced a new $1 billion stock repurchase program. At Tuesday's stock closing price of $80.78, the new program would represent about 12.4 million shares, or about 9.8% of the shares outstanding. The early gain in Qorvo shares comes in the face of a 0.7% premarket drop in the VanEck Vectors Semiconductor ETF and a 0.8% decline in the PowerShares QQQ ETF , which tracks the technology-heavy Nasdaq 100 .
Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that its Board of Directors has authorized the repurchase of up to $1 billion of the Company’s outstanding common stock. Under the share repurchase program, share repurchases will be made in accordance with applicable securities laws on the open market or in privately negotiated transactions. The extent to which the Company repurchases its shares, the number of shares and the timing of any repurchases will depend on general market conditions, regulatory requirements, alternative investment opportunities and other considerations.
Given the close economic ties between the U.S. and China, the prospect of an all-out trade war between the two nations has rattled the U.S. stock market for months. Now, tensions between the two governments may be easing, prompting the equities markets to breathe a collective sigh of relief. In services, U.S. exports to China were $56 billion and imports were $18 billion, per another Census table.
Gains were broad based as eight out of nine sectors finished the trading session in green. WallStEquities.com has initiated research reports on the following Semiconductor - Broad Line stocks: Qorvo Inc. (NASDAQ: QRVO), STMicroelectronics N.V. (NYSE: STM), Texas Instruments Inc. (NASDAQ: TXN), and Vishay Intertechnology Inc. (NYSE: VSH).