Are Things Looking Up For Qorvo Inc (NASDAQ: QRVO)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Semiconductors industry segment. The current market capitalization of Qorvo Inc is $6.57B. A total of 2.63 million shares were traded on the day, compared to an average of 1.81M shares.

In the most recent transaction, Chesley Philip sold 4,045 shares of QRVO for 70.15 per share on Dec 05 ’24. After the transaction, the SVP, High Performance Analog now owns 30,261 company shares. In a previous transaction on Dec 05 ’24, Chesley Philip bought 4,045 shares at 70.15 per share.

Among the insiders who sold shares, Chesley Philip disposed of 1,565 shares on Nov 15 ’24 at a per-share price of $65.63. This resulted in the SVP, High Performance Analog holding 34,306 shares of QRVO after the transaction. In another insider transaction, Chesley Philip bought 1,565 shares at $65.63 per share on Nov 15 ’24.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, QRVO has a high of $130.99 and a low of $64.54.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. QRVO’s latest balance sheet shows that the firm has $972.59M in Cash & Short Term Investments as of fiscal 2022. There were $2.05B in debt and $675.13M in liabilities at the time. Its Book Value Per Share was $36.02, while its Total Shareholder’s Equity was $4.55B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QRVO is Buy with a score of 3.00.

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