Analysts See $1.46 EPS for Qorvo, Inc. (QRVO)

October 14, 2018 - By Dolores Ford

Qorvo, Inc. (NASDAQ:QRVO) Logo

Analysts expect Qorvo, Inc. (NASDAQ:QRVO) to report $1.46 EPS on November, 7.They anticipate $0.13 EPS change or 9.77 % from last quarter’s $1.33 EPS. QRVO’s profit would be $183.44M giving it 12.45 P/E if the $1.46 EPS is correct. After having $0.80 EPS previously, Qorvo, Inc.’s analysts see 82.50 % EPS growth. The stock increased 1.81% or $1.29 during the last trading session, reaching $72.68. About 872,012 shares traded. Qorvo, Inc. (NASDAQ:QRVO) has risen 0.70% since October 14, 2017 and is uptrending. It has underperformed by 14.92% the S&P500.

Qorvo, Inc. (NASDAQ:QRVO) Ratings Coverage

Among 12 analysts covering Qorvo (NASDAQ:QRVO), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Qorvo had 15 analyst reports since April 23, 2018 according to SRatingsIntel. Citigroup maintained Qorvo, Inc. (NASDAQ:QRVO) on Friday, May 4 with “Neutral” rating. As per Monday, June 18, the company rating was maintained by Barclays Capital. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, August 2. BMO Capital Markets maintained Qorvo, Inc. (NASDAQ:QRVO) on Thursday, August 2 with “Market Perform” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, April 30. The company was maintained on Thursday, May 3 by Drexel Hamilton. On Thursday, July 5 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. Canaccord Genuity maintained it with “Buy” rating and $81 target in Tuesday, May 1 report. The rating was maintained by Cowen & Co with “Hold” on Monday, April 23. JP Morgan maintained Qorvo, Inc. (NASDAQ:QRVO) on Tuesday, April 24 with “Overweight” rating.

Qorvo, Inc. provides radio frequency solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. The company has market cap of $9.13 billion. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) divisions. It currently has negative earnings. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PA), low noise amplifiers, switches, multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers, and modules incorporating switches, PAs, and duplexers.

More news for Qorvo, Inc. (NASDAQ:QRVO) were recently published by: Seekingalpha.com, which released: “Qorvo Could Have Reached An Inflection Point” on October 10, 2018. Globenewswire.com‘s article titled: “Qorvo® Introduces IoT SiP to Improve Smart Home Solutions” and published on September 14, 2018 is yet another important article.

Qorvo, Inc. (NASDAQ:QRVO) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>