QRVO vs. SEDG, MXIM, STM, MPWR, ON, FSLR, GFS, ASX, UMC, and ENPH
Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include SolarEdge Technologies (SEDG), Maxim Integrated Products (MXIM), STMicroelectronics (STM), Monolithic Power Systems (MPWR), Onsemi (ON), First Solar (FSLR), GLOBALFOUNDRIES (GFS), ASE Technology (ASX), United Microelectronics (UMC), and Enphase Energy (ENPH).
Qorvo (NASDAQ:QRVO) and SolarEdge Technologies (NASDAQ:SEDG) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, dividends, analyst recommendations, institutional ownership, earnings and community ranking.
88.6% of Qorvo shares are owned by institutional investors. Comparatively, 95.1% of SolarEdge Technologies shares are owned by institutional investors. 0.4% of Qorvo shares are owned by company insiders. Comparatively, 0.7% of SolarEdge Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Qorvo has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500. Comparatively, SolarEdge Technologies has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500.
In the previous week, Qorvo and Qorvo both had 10 articles in the media. Qorvo's average media sentiment score of 1.04 beat SolarEdge Technologies' score of 0.84 indicating that Qorvo is being referred to more favorably in the media.
Qorvo presently has a consensus target price of $110.83, suggesting a potential upside of 12.65%. SolarEdge Technologies has a consensus target price of $86.38, suggesting a potential upside of 76.33%. Given SolarEdge Technologies' higher probable upside, analysts clearly believe SolarEdge Technologies is more favorable than Qorvo.
SolarEdge Technologies has lower revenue, but higher earnings 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.
Qorvo has a net margin of -1.86% compared to SolarEdge Technologies' net margin of -11.68%. Qorvo's return on equity of 13.43% beat SolarEdge Technologies' return on equity.
Qorvo received 158 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 66.61% of users gave Qorvo an outperform vote while only 63.32% of users gave SolarEdge Technologies an outperform vote.
Summary
Qorvo beats SolarEdge Technologies on 11 of the 16 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.
Skip ChartThis 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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