ParkerVision (OTCMKTS:PRKR) and Qorvo (NASDAQ:QRVO) Financial Contrast

Qorvo (NASDAQ:QRVO) and ParkerVision (OTCMKTS:PRKR) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, risk, dividends, profitability and institutional ownership.

Insider and Institutional Ownership

88.6% of Qorvo shares are held by institutional investors. Comparatively, 10.3% of ParkerVision shares are held by institutional investors. 0.5% of Qorvo shares are held by company insiders. Comparatively, 22.8% of ParkerVision shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Qorvo and ParkerVision”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Qorvo	$3.72 billion	2.02	$55.62 million	$0.58	139.52
ParkerVision	$25.00 million	1.46	-$14.47 million	($0.18)	-1.69

Qorvo has higher revenue and earnings than ParkerVision. ParkerVision is trading at a lower price-to-earnings ratio than Qorvo, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Qorvo has a beta of 1.37, indicating that its stock price is 37% more volatile than the S&P 500. Comparatively, ParkerVision has a beta of 2.32, indicating that its stock price is 132% more volatile than the S&P 500.

Profitability

This table compares Qorvo and ParkerVision’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Qorvo	1.50%	12.48%	6.87%
ParkerVision	N/A	N/A	-486.62%

Analyst Recommendations

This is a summary of current recommendations for Qorvo and ParkerVision, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Qorvo	3	11	5	0	2.11
ParkerVision	0	0	0	0	0.00

Qorvo currently has a consensus price target of $91.21, indicating a potential upside of 12.72%. Given Qorvo’s stronger consensus rating and higher possible upside, equities analysts plainly believe Qorvo is more favorable than ParkerVision.

Summary

Qorvo beats ParkerVision on 12 of the 14 factors compared between the two stocks.

About Qorvo

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

About ParkerVision

ParkerVision, Inc. designs and develops radio frequency technologies and integrated circuits for use in wireless communication products. ParkerVision, Inc. was incorporated in 1989 and is based in Jacksonville, Florida.