Shares of Technology sector company Qorvo moved 3.6% today, and are now trading at a price of $102.39. The large-cap stock's daily volume was 1,036,334 compared to its average volume of 1,246,529. The S&P 500 index returned a 1.9% performance.
Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company is based in Greensboro and has 8,900 full time employees. Its market capitalization is $10,381,219,840.
23 analysts are following Qorvo and have set target prices ranging from $80 to $120 per share. On average, they have given the company a rating of hold. At today's prices, QRVO is trading 6.37% away from its average analyst target price of $96.26 per share.
Over the last year, QRVO shares have gone down by -25.6%, which represents a difference of -15.7% when compared to the S&P 500. The stock's 52 week high is $144.31 per share and its 52 week low is $75.38. With average free cash flows of $830,409,750.0 that have been growing at an average rate of 16.7% over the last four years, Qorvo declining stock performance may not be reflective of the quality of its underlying business.
|Date Reported||Cash Flow from Operations ($ MM)||Capital expenditures ($ MM)||Free Cash Flow ($ MM)||YoY Growth (%)|