What Are The Chances Of Qorvo Inc (NASDAQ: QRVO) Becoming A Clear Buy?

After Hours

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.

Stocks Info

As a NASDAQ listed company, QRVO falls under the Technology sector while operating within the Semiconductors industry segment. The current market capitalization of Qorvo Inc is $7.00B. A total of 1.57 million shares were traded on the day, compared to an average of 2.87M 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, QRVO has a high of $130.99 and a low of $64.54.

As of this writing, QRVO has an earnings estimate of $1.0 per share for the current quarter. EPS was calculated based on a consensus of 22.0 estimates, with a high estimate of $1.02 per share and a lower estimate of $0.97.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $36.13, while its Total Shareholder’s Equity was $4.55B.

Analysts Opinion

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. 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 3.17.

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