Spire (OTCMKTS:SPIR) and Qorvo (NASDAQ:QRVO) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.
Insider and Institutional Ownership
93.0% of Qorvo shares are owned by institutional investors. 29.2% of Spire shares are owned by insiders. Comparatively, 0.9% of Qorvo shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
This table compares Spire and Qorvo’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Risk and Volatility
Spire has a beta of 2.74, indicating that its stock price is 174% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.
This is a breakdown of current ratings for Spire and Qorvo, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Qorvo has a consensus price target of $76.52, suggesting a potential upside of 23.68%. Given Qorvo’s higher possible upside, analysts plainly believe Qorvo is more favorable than Spire.
Earnings and Valuation
This table compares Spire and Qorvo’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Qorvo||$3.09 billion||2.39||$133.13 million||$5.25||11.78|
Qorvo has higher revenue and earnings than Spire.
Qorvo beats Spire on 7 of the 9 factors compared between the two stocks.
Spire Corporation is engaged in developing, manufacturing, and marketing engineered products and services in the areas of photovoltaic solar and biomedical. The company offers specialized equipment for the production of terrestrial photovoltaic modules from solar cells; and photovoltaic systems for grid connected application in the commercial markets. Its products comprise Spi-Sun simulator, which tests module performance; and turn-key cell and module lines, and other individual equipment. The company also provides training and assistance with module certification, and solar factory management services. In addition, it offers surface treatments to the manufacturers of orthopedic and other medical devices; and performs sponsored research programs into practical applications of biomedical technologies. The company offers its products directly, as well as through distributors and sales representatives in the United States, Asia, Europe/Africa, and internationally. Spire Corporation was founded in 1969 and is based in Billerica, Massachusetts.
Qorvo, Inc. provides radio frequency (RF) solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) segments. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PAs), low noise amplifiers (LNAs), 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. This segment supplies its solutions for use in mobile devices, including smartphones, notebook computers, wearables, tablets, and cellular-based applications for the Internet of Things (IoT). The IDP segment supplies RF solutions for communications and defense applications, such as high performance defense systems comprising radar, electronic warfare and communication systems, Wi-Fi customer premises equipment for home and work, high speed connectivity in long-term evolution and 5G base stations, cloud connectivity via data center communications and telecom transport, and automotive connectivity and other IoT, including smart home solutions. This segment provides gallium arsenide, gallium nitride power amplifiers, LNAs, switches, complementary metal oxide semiconductor system-on-a-chip solutions, premium BAW and SAW filter solutions, and various multichip and hybrid assemblies. The company sells its products directly to customers, as well as through a network of domestic and foreign sales representative firms and distributors to original equipment manufacturers and original design manufacturers. Qorvo, Inc. was founded in 1991 and is headquartered in Greensboro, North Carolina.
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