RF Micro Devices
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on RF Micro Devices as seven analysts rate it as a buy and only two analysts rate it as a sell. Analysts like RF Micro Devices better than competitor TriQuint Semiconductor overall. Analysts are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $185.2 million in revenue this quarter. That would represent a decline of 13.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is a loss of $0.03 per share. Estimates range from a loss of $0.04 to a loss of $0.01.
What our community says:
CAPS All-Stars are strongly backing the stock, with 94.5% awarding it an outperform rating. The greater community backs the All-Stars, as 94.1% give it a rating of outperform. Even with a robust four out of five stars, RF Micro Devices' CAPS rating falls a little short of the community's upbeat outlook.
Revenue has fallen for the past three quarters. The company's gross margin shrank by 8.8 percentage points in the last quarter. Revenue fell 19.1% while cost of sales fell 7.9% to $161.9 million from a year earlier.
One final thing: If you want to keep tabs on RF Micro Devices' movements, and for more analysis on the company, make sure you add it to your Watchlist.
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