Qorvo, Inc. (QRVO) Analysts See $0.86 EPS

April 17, 2018 - By Marguerite Chambers

Qorvo, Inc. (NASDAQ:QRVO) Logo

Analysts expect Qorvo, Inc. (NASDAQ:QRVO) to report $0.86 EPS on May, 2.They anticipate $0.12 EPS change or 16.22 % from last quarter’s $0.74 EPS. QRVO’s profit would be $108.78 million giving it 21.39 P/E if the $0.86 EPS is correct. After having $1.58 EPS previously, Qorvo, Inc.’s analysts see -45.57 % EPS growth. The stock increased 1.78% or $1.29 during the last trading session, reaching $73.57. About 455,994 shares traded. Qorvo, Inc. (NASDAQ:QRVO) has risen 2.72% since April 17, 2017 and is uptrending. It has underperformed by 8.83% the S&P500.

Qorvo, Inc. (NASDAQ:QRVO) Ratings Coverage

Among 19 analysts covering Qorvo (NASDAQ:QRVO), 7 have Buy rating, 2 Sell and 10 Hold. Therefore 37% are positive. Qorvo had 31 analyst reports since October 26, 2017 according to SRatingsIntel. The rating was maintained by Drexel Hamilton with “Buy” on Thursday, February 1. The rating was upgraded by Nomura to “Buy” on Thursday, February 1. Instinet upgraded the stock to “Buy” rating in Thursday, February 1 report. The stock of Qorvo, Inc. (NASDAQ:QRVO) has “Sell” rating given on Thursday, February 1 by Summit Redstone Partners. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, February 1 report. The company was maintained on Thursday, February 1 by Mizuho. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, January 23. The company was maintained on Sunday, October 29 by BMO Capital Markets. Northland Capital downgraded the stock to “Market Perform” rating in Thursday, November 2 report. As per Wednesday, December 13, the company rating was maintained by Cowen & Co.

Qorvo, Inc. provides radio frequency solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. The company has market cap of $9.31 billion. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) divisions. It has a 332.9 P/E ratio. 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.

Qorvo, Inc. (NASDAQ:QRVO) Ratings Chart

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