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Qorvo, Inc. (QRVO)

(Real Time Quote from BATS)

$193.25 USD

193.25
445,328

+3.66 (1.93%)

Updated Aug 2, 2021 12:49 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 Buy25.57%
2Buy19.14%
3Hold10.74%
4Sell6.46%
5Strong Sell3.16%
S&P50011.27%

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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.

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B Value B Growth B Momentum A 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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Top 44% (111 out of 252)

Industry: Semiconductors - Radio Frequency

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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.

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

All items in Millions except Per Share data.

3/31/2021 3/31/2020 3/31/2019 3/31/2018 3/31/2017
Assets          
Cash & Equivalents 1,398 715 711 926 545
Receivables 485 382 400 391 423
Notes Receivable 0 0 0 0 0
Inventories 508 517 512 472 430
Other Current Assets 93 76 62 55 62
Total Current Assets 2,484 1,691 1,685 1,844 1,462
Net Property & Equipment 1,266 1,259 1,367 1,374 1,392
Investments & Advances 35 23 98 64 35
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 3,254 3,423 2,582 3,034 3,574
Deposits & Other Assets 182 165 77 66 59
Total Assets 7,221 6,561 5,808 6,382 6,522
Liabilities & Shareholders Equity 3/31/2021 3/31/2020 3/31/2019 3/31/2018 3/31/2017
Notes Payable 0 0 0 0 0
Accounts Payable 314 247 233 213 216
Current Portion Long-Term Debt 5 7 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 255 218 161 167 171
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 108 67 42 61 32
Total Current Liabilities 682 539 436 441 419
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 63 132
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,743 1,567 919 983 989
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 168 162 93 118 86
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,592 2,268 1,448 1,606 1,626
Shareholders Equity 3/31/2021 3/31/2020 3/31/2019 3/31/2018 3/31/2017
Preferred Stock 0 0 0 0 0
Common Stock (Par) 4,245 4,290 4,687 5,237 5,357
Capital Surplus 0 0 0 0 0
Retained Earnings 355 0 -321 -459 -456
Other Equity 30 2 -7 -3 -4
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,629 4,293 4,360 4,776 4,897
Total Liabilities & Shareholder's Equity 7,221 6,561 5,808 6,382 6,522
Total Common Equity 4,629 4,293 4,360 4,776 4,897
Shares Outstanding 113.20 115.60 122.70 126.40 126.40
Book Value Per Share 40.90 37.13 35.53 37.78 38.74

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

All items in Millions except Per Share data.

6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020
Assets          
Cash & Equivalents NA 1,398 1,234 2,000 1,136
Receivables NA 485 520 499 337
Notes Receivable NA 0 0 0 0
Inventories NA 508 479 477 524
Other Current Assets NA 93 89 87 82
Total Current Assets NA 2,484 2,322 3,063 2,079
Net Property & Equipment NA 1,266 1,232 1,225 1,236
Investments & Advances NA 35 31 38 37
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 3,254 3,307 3,355 3,354
Deposits & Other Assets NA 182 148 144 177
Total Assets NA 7,221 7,041 7,824 6,883
Liabilities & Shareholders Equity 6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 314 302 242 226
Current Portion Long-Term Debt NA 5 5 905 7
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 255 215 241 192
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 108 93 89 84
Total Current Liabilities NA 682 614 1,477 509
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 1,743 1,744 1,764 1,870
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 180 176 153
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,592 2,538 3,417 2,531
Shareholders Equity 6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 4,245 4,263 4,268 4,294
Capital Surplus NA 0 0 0 0
Retained Earnings NA 355 193 113 49
Other Equity NA 30 47 27 8
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 4,629 4,504 4,407 4,351
Total Liabilities & Shareholder's Equity NA 7,221 7,041 7,824 6,883
Total Common Equity 0 4,629 4,504 4,407 4,351
Shares Outstanding 111.20 113.20 113.20 114.00 114.20
Book Value Per Share 0.00 40.90 39.79 38.66 38.10