QRVO vs. SEDG, MXIM, MPWR, ON, FSLR, GFS, ASX, UMC, ENPH, and SWKS
Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include SolarEdge Technologies (SEDG), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Onsemi (ON), First Solar (FSLR), GLOBALFOUNDRIES (GFS), ASE Technology (ASX), United Microelectronics (UMC), Enphase Energy (ENPH), and Skyworks Solutions (SWKS).
SolarEdge Technologies (NASDAQ:SEDG) and Qorvo (NASDAQ:QRVO) are both mid-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, community ranking, institutional ownership, earnings, valuation, dividends, profitability and media sentiment.
In the previous week, Qorvo had 3 more articles in the media than SolarEdge Technologies. MarketBeat recorded 14 mentions for Qorvo and 11 mentions for SolarEdge Technologies. SolarEdge Technologies' average media sentiment score of 0.72 beat Qorvo's score of 0.56 indicating that Qorvo is being referred to more favorably in the news media.
95.1% of SolarEdge Technologies shares are held by institutional investors. Comparatively, 88.6% of Qorvo shares are held by institutional investors. 0.7% of SolarEdge Technologies shares are held by company insiders. Comparatively, 0.4% of Qorvo shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
SolarEdge Technologies has a beta of 1.62, indicating that its stock price is 62% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.44, indicating that its stock price is 44% more volatile than the S&P 500.
Qorvo has a net margin of -1.86% compared to Qorvo's net margin of -11.68%. SolarEdge Technologies' return on equity of 13.43% beat Qorvo's return on equity.
Qorvo received 158 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 66.56% of users gave Qorvo an outperform vote while only 63.26% of users gave SolarEdge Technologies an outperform vote.
SolarEdge Technologies currently has a consensus target price of $86.38, suggesting a potential upside of 86.62%. Qorvo has a consensus target price of $110.83, suggesting a potential upside of 11.40%. Given Qorvo's higher possible upside, research analysts clearly believe SolarEdge Technologies is more favorable than Qorvo.
SolarEdge Technologies has higher earnings, but lower revenue than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Qorvo beats SolarEdge Technologies on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding QRVO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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