Qorvo, Inc. (QRVO) belonging to the Computer and Technology sector has declined -1.06% and closed its last trading session at $68.22.
The company reported its EPS on 02/01/2017. Currently, the stock has a 1 Year Price Target of $66.05.
The consensus recommendation, according to Zacks Investment research, is 2.06. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.
The Stock had a 2.06 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.94 and 1.94 respectively.
Qorvo, Inc. on 02/01/2017 reported its EPS as $1.35 with the analysts projecting the EPS of the stock as $1.26. The company beat the analyst EPS Estimate with the difference of $0.09. This shows a surprise factor of 7.1%.
Many analysts have provided their estimated foresights on Qorvo, Inc. Earnings, with 21 analysts believing the company would generate an Average Estimate of $0.81.
Whereas they predicted High and Low Earnings Estimate as $0.91 and $0.78 respectively. While in the same Quarter Previous year, the Actual EPS was $1.04.
Analysts are also projecting an Average Revenue Estimate for Qorvo, Inc. as $631.8 Million in the Current Quarter. This estimate is provided by 19 analysts.
The High Revenue estimate is predicted as 648.26 Million, while the Low Revenue Estimate prediction stands at 629 Million. The company’s last year sales total was 608.07 Million.
For the Current Quarter, the growth estimate for Qorvo, Inc. is -22.1%, while for the Next Quarter the stock growth estimate is -4.6%.
The Company got Upgrade by Charter Equity on 15-Mar-17 from Mkt Perform to Buy.
Insider Trades for Qorvo, Inc. show that the latest trade was made on 21 Feb 2017 where DiLeo (Daniel A), the Director completed a transaction type “Sell” in which 1000 shares were traded at a price of $68.
22 Insider Sales transactions were made totaling 200819 shares traded.
20 analysts projected Price Targets for Qorvo, Inc.. The analysts believe that the company stock price could grow as high as $79. The Low Price target projection by analysts is $56 and the Mean Price Target is $66.05.
Qorvo, Inc. (QRVO) has the market capitalization of $8.65 Billion. The company rocked its 52-Week High of $69.12 on Mar 15, 2017 and touched its 52-Week Low of $43.79 on May 4, 2016.
The stock has Return on Assets (ROA) of -1.5 percent. Return on Equity (ROE) stands at -1.9% and Return on Investment (ROI) of -0.2 percent.
The stock is currently showing YTD performance of 29.38 Percent. The company has Beta Value of 1.13 and ATR value of 1.43. The Weekly and Monthly Volatility stands at 1.98% and 2.30%.