TKG Advisors LLC Invests in Qorvo, During Q1 2021
July 4, 2023
🌥️Trending News
Qorvo ($NASDAQ:QRVO), Inc., a leading provider of innovative RF solutions that connect the world, recently announced that TKG Advisors LLC has acquired a new interest in the company through its 13F filing. Qorvo is a semiconductor company that designs and manufactures an array of different RF solutions such as power amplifiers, filters, transceivers and more. Their products are used in a variety of consumer products such as smartphones, computers, and home appliances.
Additionally, their solutions are used in many industrial and military applications. By investing in Qorvo, TKG Advisors LLC is positioning itself for long-term success in this high-tech industry. The company is well known for its commitment to innovation and continues to develop new technologies to meet the changing needs of its customers. Qorvo has been at the forefront of the industry for many years now, and with the support of TKG Advisors LLC, it looks like that trend will continue in the future. This is an exciting time for both companies and investors, as they are sure to benefit from this partnership.
Price History
On Monday, QORVO, Inc. saw its stock open at $102.0 and close at $103.1, representing an increase of 1.1% from its previous closing price of $102.0. This investment marks a strong sign that investors are confident in the growth potential of the company and believe that they will be able to experience positive returns from their investment. Furthermore, the news has caused the stock to increase, which suggests that shareholders are excited about the potential of the company and have faith in its future prospects. Moving forward, QORVO, Inc. is expected to continue growing and delivering impressive performance to its investors. Qorvo_During_Q1_2021″>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Qorvo. More…
| Total Revenues | Net Income | Net Margin |
| 3.57k | 103.15 | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Qorvo. More…
| Operations | Investing | Financing |
| 843.23 | -153.41 | -853.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Qorvo. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.69k | 2.79k | 39.56 |
Key Ratios Snapshot
Some of the financial key ratios for Qorvo are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.3% | -24.4% | 5.4% |
| FCF Margin | ROE | ROA |
| 19.2% | 3.0% | 1.8% |
Analysis
At GoodWhale, we have conducted an analysis of QORVO’s fundamentals. Our analysis has revealed that QORVO is strong in terms of its assets, medium in terms of its growth and profitability, and weak in terms of its dividend. Furthermore, we have given QORVO a health score of 8/10, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. We have classified QORVO as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Investors who are interested in such a company should take a closer look at QORVO’s financials and consider investing in the company. There are many opportunities for growth and profitability coming from QORVO’s strong asset base, and the potential for dividends going forward. Ultimately, it’s up to the investor to decide if this type of company is worth investing in. Qorvo_During_Q1_2021″>More…
Peers
In the world of semiconductor companies that provide radio frequency products, Qorvo Inc. has stiff competition. Its main competitors are Skyworks Solutions Inc, Broadcom Inc, and Qualcomm Inc. All of these companies are vying for a share of the market in order to provide their customers with the best products possible.
– Skyworks Solutions Inc ($NASDAQ:SWKS)
Skyworks Solutions Inc is a semiconductor company that designs, manufactures, and markets radio frequency and mixed signal semiconductor solutions for mobile, base station, satellite communications, WiFi, cable television, and other wireless communications applications. The company has a market cap of 13.87B as of 2022 and a return on equity of 17.47%.
– Broadcom Inc ($NASDAQ:AVGO)
Broadcom Inc is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions. The company’s products enable the delivery of voice, video, data and multimedia content over fixed and mobile networks to homes, businesses and public places. Broadcom’s product portfolio includes switching, routing, security and storage solutions. The company markets its products to enterprises, service providers and consumers worldwide.
– Qualcomm Inc ($NASDAQ:QCOM)
Qualcomm Inc is a leading telecommunications company with a market cap of 131.76B as of 2022. The company has a strong focus on research and development and has a return on equity of 65.09%. Qualcomm’s products and services include chipsets, modems, and other technology solutions for the wireless industry. The company has a strong presence in the global market and is a major player in the development of 5G technology.
Summary
Qorvo is a semiconductor provider of radio frequency (RF) solutions for mobile, infrastructure, industrial, and aerospace and defense applications. The analysis has determined that Qorvo is an attractive investment opportunity for investors due to its solid business model, strong competitive position in the industry, and financial performance. Qorvo’s products are well positioned to benefit from the expanding wireless market and the increasing demand for higher performance RF solutions. The company has recently made several strategic acquisitions and partnerships to strengthen its market share in the RF solutions market.
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