Contrasting Qorvo (QRVO) and FormFactor (FORM)
Qorvo (NASDAQ: QRVO) and FormFactor (NASDAQ:FORM) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, valuation, earnings and profitability.
Earnings and Valuation
This table compares Qorvo and FormFactor’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Qorvo||$2.97 billion||3.07||$789.88 million||($0.34)||-210.61|
|FormFactor||$519.99 million||2.06||$61.41 million||($0.11)||-134.32|
Qorvo has higher revenue and earnings than FormFactor. Qorvo is trading at a lower price-to-earnings ratio than FormFactor, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
94.4% of Qorvo shares are held by institutional investors. Comparatively, 87.4% of FormFactor shares are held by institutional investors. 0.9% of Qorvo shares are held by insiders. Comparatively, 2.8% of FormFactor shares are held by 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.
Volatility & Risk
Qorvo has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500. Comparatively, FormFactor has a beta of 1.63, meaning that its stock price is 63% more volatile than the S&P 500.
This table compares Qorvo and FormFactor’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a summary of current ratings and price targets for Qorvo and FormFactor, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Qorvo presently has a consensus target price of $73.95, suggesting a potential upside of 3.26%. FormFactor has a consensus target price of $17.14, suggesting a potential upside of 16.03%. Given FormFactor’s stronger consensus rating and higher probable upside, analysts plainly believe FormFactor is more favorable than Qorvo.
FormFactor beats Qorvo on 8 of the 14 factors compared between the two stocks.
Qorvo, Inc. is a provider of technologies and radio frequency (RF) solutions for mobile, infrastructure and defense and aerospace applications. The Company designs, develops, manufactures and markets its products to the United States and international original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Its segments include Mobile Products (MP) and Infrastructure and Defense Products (IDP). The MP segment is a supplier of radio frequency (RF) solutions that perform various functions in the cellular radio front end section of smartphones and other cellular devices. The IDP segment is a supplier of RF solutions that support various global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, Internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. It operates design, sales and manufacturing facilities located throughout Asia, Europe and North America.
FormFactor, Inc. is a provider of test and measurement solutions. The Company’s segments include the Probe Cards segment and Systems segment. The Company designs, manufactures and sells multiple product lines, including probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, reliability test systems, and related services. Its products provide electrical information from a range of semiconductor and electro-optical devices and integrated circuits (devices) from development to production. Probe Cards segment consists of probe card products and analytical probes. Systems segment consists of wafer probing, thermal and reliability products to enable precision on-wafer measurement of integrated circuits. Systems products are used in the early phases of the development and characterization of semiconductor processes.
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