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Qorvo (QRVO)

(Delayed Data from NSDQ)

$85.46 USD

85.46
1,245,070

-1.89 (-2.16%)

Updated Oct 6, 2022 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.51%
2Buy17.96%
3Hold9.47%
4Sell5.16%
5Strong Sell2.21%
S&P50010.66%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 26% (185 out of 251)

Industry: Semiconductors - Radio Frequency

Trades from $1

Balance Sheet

Research for QRVO

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Qorvo, Inc falls in the month of March.

All items in Millions except Per Share data.

3/31/2022 3/31/2021 3/31/2020 3/31/2019 3/31/2018
Assets          
Cash & Equivalents 973 1,398 715 711 926
Receivables 601 485 382 400 391
Notes Receivable 0 0 0 0 0
Inventories 756 508 517 512 472
Other Current Assets 121 93 76 62 55
Total Current Assets 2,450 2,484 1,691 1,685 1,844
Net Property & Equipment 1,254 1,266 1,259 1,367 1,374
Investments & Advances 31 35 23 98 64
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 3,450 3,254 3,423 2,582 3,034
Deposits & Other Assets 324 182 165 77 66
Total Assets 7,509 7,221 6,561 5,808 6,382
Liabilities & Shareholders Equity 3/31/2022 3/31/2021 3/31/2020 3/31/2019 3/31/2018
Notes Payable 0 0 0 0 0
Accounts Payable 328 314 247 233 213
Current Portion Long-Term Debt 0 5 7 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 240 255 218 161 167
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 107 108 67 42 61
Total Current Liabilities 675 682 539 436 441
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 63
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,047 1,743 1,567 919 983
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 234 168 162 93 118
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,956 2,592 2,268 1,448 1,606
Shareholders Equity 3/31/2022 3/31/2021 3/31/2020 3/31/2019 3/31/2018
Preferred Stock 0 0 0 0 0
Common Stock (Par) 4,036 4,245 4,290 4,687 5,237
Capital Surplus 0 0 0 0 0
Retained Earnings 512 355 0 -321 -459
Other Equity 5 30 2 -7 -3
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,553 4,629 4,293 4,360 4,776
Total Liabilities & Shareholder's Equity 7,509 7,221 6,561 5,808 6,382
Total Common Equity 4,553 4,629 4,293 4,360 4,776
Shares Outstanding 108.40 113.20 115.60 122.70 126.40
Book Value Per Share 42.00 40.90 37.13 35.53 37.78

Fiscal Year End for Qorvo, Inc falls in the month of March.

All items in Millions except Per Share data.

9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Assets          
Cash & Equivalents NA 859 973 989 1,153
Receivables NA 556 601 644 697
Notes Receivable NA 0 0 0 0
Inventories NA 847 756 710 598
Other Current Assets NA 110 121 103 94
Total Current Assets NA 2,372 2,450 2,446 2,541
Net Property & Equipment NA 1,234 1,254 1,267 1,277
Investments & Advances NA 28 31 38 37
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 3,396 3,450 3,543 3,350
Deposits & Other Assets NA 299 324 333 372
Total Assets NA 7,331 7,509 7,627 7,576
Liabilities & Shareholders Equity 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Notes Payable NA 0 0 0 0
Accounts Payable NA 328 328 358 522
Current Portion Long-Term Debt NA 0 0 0 6
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 249 240 228 285
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 142 107 88 91
Total Current Liabilities NA 718 675 673 903
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,047 2,047 2,047 1,741
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 234 239 206
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,030 2,956 2,959 2,849
Shareholders Equity 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 3,963 4,036 4,119 4,158
Capital Surplus NA 0 0 0 0
Retained Earnings NA 356 512 533 546
Other Equity NA -18 5 15 23
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 4,301 4,553 4,667 4,728
Total Liabilities & Shareholder's Equity NA 7,331 7,509 7,627 7,576
Total Common Equity 0 4,301 4,553 4,667 4,728
Shares Outstanding 103.20 103.20 108.40 108.40 110.20
Book Value Per Share 0.00 41.67 42.00 43.06 42.90