Qorvo Inc. (QRVO)
Qorvo Statistics
Share Statistics
Qorvo has 93.4M shares outstanding. The number of shares has increased by -2.33% in one year.
| Shares Outstanding | 93.4M |
| Shares Change (YoY) | -2.33% |
| Shares Change (QoQ) | -1.2% |
| Owned by Institutions (%) | 98.94% |
| Shares Floating | 92.67M |
| Failed to Deliver (FTD) Shares | 82 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 6.45M, so 6.9% of the outstanding shares have been sold short.
| Short Interest | 6.45M |
| Short % of Shares Out | 6.9% |
| Short % of Float | 7.93% |
| Short Ratio (days to cover) | 1.83 |
Valuation Ratios
The PE ratio is 121.6 and the forward PE ratio is 12.93. Qorvo's PEG ratio is -0.67.
| PE Ratio | 121.6 |
| Forward PE | 12.93 |
| PS Ratio | 1.82 |
| Forward PS | 1.6 |
| PB Ratio | 0 |
| P/FCF Ratio | 0 |
| PEG Ratio | -0.67 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Qorvo.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0 |
| Debt / EBITDA | 20.81 |
| Debt / FCF | 2.82 |
| Interest Coverage | -1.22 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $427.47K |
| Profits Per Employee | $6.39K |
| Employee Count | 8,700 |
| Asset Turnover | 0 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -10.28M |
| Effective Tax Rate | -15.61% |
Stock Price Statistics
The stock price has increased by -35.95% in the last 52 weeks. The beta is 1.43, so Qorvo's price volatility has been higher than the market average.
| Beta | 1.43 |
| 52-Week Price Change | -35.95% |
| 50-Day Moving Average | 67.86 |
| 200-Day Moving Average | 85.37 |
| Relative Strength Index (RSI) | 61.97 |
| Average Volume (20 Days) | 2.52M |
Income Statement
In the last 12 months, Qorvo had revenue of 3.72B and earned 55.62M in profits. Earnings per share was 0.59.
| Revenue | 3.72B |
| Gross Profit | 3.72B |
| Operating Income | 95.53M |
| Net Income | 55.62M |
| EBITDA | 95.53M |
| EBIT | -12.43M |
| Earnings Per Share (EPS) | 0.59 |
Balance Sheet
The company has 1.03B in cash and 1.99B in debt, giving a net cash position of -958.75M.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 1.99B |
| Net Cash | -958.75M |
| Retained Earnings | -89.6M |
| Total Assets | 5.96B |
| Working Capital | 1.29B |
Cash Flow
In the last 12 months, operating cash flow was 833.19M and capital expenditures -127.23M, giving a free cash flow of 705.96M.
| Operating Cash Flow | 833.19M |
| Capital Expenditures | -127.23M |
| Free Cash Flow | 705.96M |
| FCF Per Share | null |
Margins
Gross margin is 100%, with operating and profit margins of 2.57% and 1.5%.
| Gross Margin | 100% |
| Operating Margin | 2.57% |
| Pretax Margin | 1.77% |
| Profit Margin | 1.5% |
| EBITDA Margin | 2.57% |
| EBIT Margin | 2.57% |
| FCF Margin | 18.98% |
Dividends & Yields
QRVO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for QRVO is $90, which is 25.6% higher than the current price. The consensus rating is "Hold".
| Price Target | $90 |
| Price Target Difference | 25.6% |
| Analyst Consensus | Hold |
| Analyst Count | 19 |
Stock Splits
The last stock split was on Jan 2, 2015. It was a backward split with a ratio of 1:4.
| Last Split Date | Jan 2, 2015 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 2.35 |
| Piotroski F-Score | 9 |