Research Report Initiation on These Semiconductor Stocks -- Qorvo, Vishay Intertechnology, AU Optronics, and MACOM Technology Solutions

Aug 05, 2016, 08:10 ET from Chelmsford Park SA

NEW YORK, August 5, 2016 /PRNewswire/ --

There is a constant pressure on Broad Line Semiconductor operators due to stiff competition and a suffering PC market. Opportunities, however, remain within this industry, thanks to cloud computing and high demand for technological devices and equipment. Ahead of today's trading session, has selected four stocks for review: Qorvo Inc. (NASDAQ: QRVO), Vishay Intertechnology Inc. (NYSE: VSH), AU Optronics Corp. (NYSE: AUO), and MACOM Technology Solutions Holdings Inc. (NASDAQ: MTSI). Learn more about these stocks by downloading their free report at:


At the close on Thursday, shares in Greensboro, North Carolina headquartered Qorvo Inc. saw a decline of 3.10%, ending the day at $53.41. The stock recorded a trading volume of 4.67 million shares, which was above its three months average volume of 1.71 million shares. The Company's shares have advanced 1.60% in the last one month, 14.47% in the previous three months, and 4.93% since the start of this year. The stock is trading above its 200-day moving average by 7.48%. Moreover, shares of Qorvo, which provides technologies and radio frequency (RF) solutions for mobile, infrastructure, and defense and aerospace applications worldwide, have a Relative Strength Index (RSI) of 35.65.

On August 02nd, 2016, Qorvo's revenue increased 4% on y-o-y basis to $698.5 million on a GAAP basis for Q1 FY17. During the reported quarter, the company's gross margin was 39.6%, while operating income was $5.7 million, and net loss was $5.7 million, or a loss of $0.04 per share. On a non-GAAP basis, Qorvo reported net income of $143.1 million, or $1.08 per diluted share.

On August 03rd, 2016, research firm MKM Partners reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $64 a share to $70 a share. The free research report on QRVO is available at:

Vishay Intertechnology  

Shares in Malvern, Pennsylvania headquartered Vishay Intertechnology Inc. ended the day 0.15% higher at $13.10 and with a total volume of 643,948 shares traded. The stock has gained 11.77% in the past month, 6.41% in the previous three months, and 9.82% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 2.36% and 10.48%, respectively. Furthermore, shares of Vishay Intertechnology, which manufactures and supplies discrete semiconductors and passive components in the America, Europe, and Asia, have an RSI of 55.31.

On August 2nd, 2016, Vishay Intertechnology announced that revenues for Q2 2016 were $590.1 million compared to $590.5 million for Q2 2015. Net earnings attributable to Vishay stockholders for Q2 2016 were $33.1 million, or $0.22 per diluted share, compared to $26.3 million, or $0.17 per diluted share for Q2 2015. The complimentary report on VSH can be downloaded at:

AU Optronics  

On Thursday, shares in Hsinchu, Taiwan headquartered AU Optronics Corp. finished 0.48% higher at $4.15 with a total volume of 700,581 shares traded. The stock has advanced 23.15% in the last one month, 59.00% over the previous three months, and 42.61% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 26.83% and 43.39%, respectively. Additionally, shares of AU Optronics, which researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays, have an RSI of 71.21.

On July 19th, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'. Visit us today and download our complete research report on AUO for free at:

MACOM Technology Solutions Holdings  

Lowell, Massachusetts headquartered MACOM Technology Solutions Holdings Inc.'s stock recorded a trading volume of 218,499 shares at the end of yesterday's session and closed the day at $38.58, gaining 0.60%. The stock has advanced 21.55% in the last one month and 0.08% in the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 8.07% and 2.81%, respectively. Additionally, shares of MACOM Technology Solutions Holdings, which together with its subsidiaries, designs, develops, manufactures, and markets analog RF, microwave, millimeter wave, and photonic semiconductor products in the United States, China, Taiwan, Japan, and internationally, have an RSI at 59.72.

On July 27th, 2016, MACOM Technology Solutions announced that its revenue were $142.3 million in Q3 FY16, an increase of 30.5% compared to $109.1 million in Q3 FY15. The company's gross margin during the reported quarter was 52.0%, compared to 48.1% in Q3 FY15. Net income from continuing operations was $21.4 million, or $0.11 income per diluted share, compared to net income from continuing operations of $1.8 million, or $0.02 income per diluted share, in Q3 FY15. Get free access to your technical report on MTSI at:


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