Enphase Energy (NASDAQ:ENPH – Get Free Report) and Qorvo (NASDAQ:QRVO – Get Free Report) are both mid-cap energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, valuation, earnings, institutional ownership, risk, analyst recommendations and profitability.
Earnings and Valuation
This table compares Enphase Energy and Qorvo”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Enphase Energy | $1.33 billion | 6.24 | $102.66 million | $0.74 | 84.74 |
| Qorvo | $3.79 billion | 1.86 | -$70.32 million | $0.28 | 270.11 |
Enphase Energy has higher earnings, but lower revenue than Qorvo. Enphase Energy is trading at a lower price-to-earnings ratio than Qorvo, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enphase Energy | 3 | 16 | 14 | 0 | 2.33 |
| Qorvo | 3 | 12 | 4 | 0 | 2.05 |
Enphase Energy currently has a consensus price target of $90.42, suggesting a potential upside of 44.19%. Qorvo has a consensus price target of $95.84, suggesting a potential upside of 26.72%. Given Enphase Energy’s stronger consensus rating and higher probable upside, analysts plainly believe Enphase Energy is more favorable than Qorvo.
Profitability
This table compares Enphase Energy and Qorvo’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Enphase Energy | 7.72% | 15.62% | 4.32% |
| Qorvo | 0.71% | 12.41% | 6.74% |
Institutional & Insider Ownership
72.1% of Enphase Energy shares are held by institutional investors. Comparatively, 88.6% of Qorvo shares are held by institutional investors. 3.4% of Enphase Energy shares are held by company insiders. Comparatively, 0.5% of Qorvo shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Volatility & Risk
Enphase Energy has a beta of 2.12, meaning that its share price is 112% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500.
Summary
Enphase Energy beats Qorvo on 10 of the 14 factors compared between the two stocks.
About Enphase Energy
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
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.
Receive News & Ratings for Enphase Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enphase Energy and related companies with MarketBeat.com's FREE daily email newsletter.
