Qorvo, Inc. (QRVO) Analysts See $1.43 EPS; Baidu Ads (BIDU) Shorts Lowered By 8.05%

January 14, 2018 - By Peter Kolinski

Analysts expect Qorvo, Inc. (NASDAQ:QRVO) to report $1.43 EPS on February, 7.They anticipate $0.21 EPS change or 17.21% from last quarter’s $1.22 EPS. QRVO’s profit would be $181.83M giving it 12.42 P/E if the $1.43 EPS is correct. After having $1.33 EPS previously, Qorvo, Inc.’s analysts see 7.52% EPS growth. The stock increased 3.14% or $2.16 during the last trading session, reaching $71.04. About 1.62 million shares traded or 12.17% up from the average. Qorvo, Inc. (NASDAQ:QRVO) has risen 60.08% since January 14, 2017 and is uptrending. It has outperformed by 43.38% the S&P500.

Baidu Ads (NASDAQ:BIDU) had a decrease of 8.05% in short interest. BIDU’s SI was 4.40M shares in January as released by FINRA. Its down 8.05% from 4.79M shares previously. With 2.53 million avg volume, 2 days are for Baidu Ads (NASDAQ:BIDU)’s short sellers to cover BIDU’s short positions. The SI to Baidu Ads’s float is 1.59%. The stock increased 1.13% or $2.82 during the last trading session, reaching $253.04. About 3.04 million shares traded or 19.92% up from the average. Baidu, Inc. (NASDAQ:BIDU) has risen 12.02% since January 14, 2017 and is uptrending. It has underperformed by 4.68% the S&P500.

Baidu, Inc. provides Internet search services in China and internationally. The company has market cap of $87.86 billion. It operates through three divisions: Search Services, Transaction Services, and IQiyi. It has a 32.49 P/E ratio. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, including Web pages, news, images, documents, and multimedia files through links provided on its Website; and transaction platform, including Nuomi.com to connect online and offline services provided by third-parties.

Among 24 analysts covering Baidu (NASDAQ:BIDU), 9 have Buy rating, 4 Sell and 11 Hold. Therefore 38% are positive. Baidu had 56 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Neutral” rating given on Monday, October 31 by Macquarie Research. Morgan Stanley maintained the shares of BIDU in report on Wednesday, May 11 with “Overweight” rating. The firm has “Buy” rating by TH Capital given on Tuesday, October 27. The firm has “Buy” rating given on Monday, July 31 by Nomura. The stock has “Neutral” rating by JP Morgan on Monday, January 9. Wells Fargo initiated the shares of BIDU in report on Tuesday, September 26 with “Buy” rating. As per Thursday, May 12, the company rating was maintained by Jefferies. The company was downgraded on Friday, October 28 by Macquarie Research. The company was upgraded on Monday, August 31 by Jefferies. The rating was maintained by Oppenheimer with “Buy” on Friday, July 28.

Among 29 analysts covering Qorvo Inc (NASDAQ:QRVO), 12 have Buy rating, 2 Sell and 15 Hold. Therefore 41% are positive. Qorvo Inc had 87 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Brean Capital given on Friday, November 6. The stock of Qorvo, Inc. (NASDAQ:QRVO) earned “Equal-Weight” rating by Morgan Stanley on Thursday, November 2. The rating was maintained by Barclays Capital with “Equal Weight” on Thursday, July 30. The stock has “Neutral” rating by Citigroup on Thursday, October 1. The stock of Qorvo, Inc. (NASDAQ:QRVO) has “Market Perform” rating given on Monday, April 18 by Cowen & Co. The firm has “Hold” rating by Mizuho given on Thursday, August 3. On Thursday, August 3 the stock rating was maintained by Needham with “Buy”. The firm earned “Equal-Weight” rating on Monday, June 27 by Morgan Stanley. The stock of Qorvo, Inc. (NASDAQ:QRVO) earned “Hold” rating by Mizuho on Thursday, May 25. The rating was maintained by Needham with “Buy” on Friday, November 6.

Qorvo, Inc. provides radio frequency solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. The company has market cap of $9.03 billion. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) divisions. It currently has negative earnings. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PA), low noise amplifiers, switches, multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers, and modules incorporating switches, PAs, and duplexers.

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