For its third fiscal quarter (ending December 31), Qorvo Inc (NASDAQ: QRVO) has reported a -134% decline in E.P.S. from $-1.31 a year ago to $0.44 in the current quarter. For the latest four quarters through December 31, E.P.S. were $0.29 versus $-2.14 for the same period a year ago — a decline of -114%.
Recent Price Action
Qorvo Inc (NASDAQ: QRVO) stock closed at $85.78 on 1/28/25 after a decline of -2.1%. Moreover, this decline was accompanied by unusually high trading volume at 157% of normal. The stock has risen 1.9% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Qorvo has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Qorvo has a slightly negative Appreciation Score of 34 and a poor Power Rating of 25, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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