QUALCOMM Incorporated (NASDAQ:QCOM) Designs Cdma And Ofdma-Based Ics And System Software Used In Wireless Handsets, Modem Cards And Networks Belonging to the Computer and Technology sector which surged 1.56% and closed its last trading session at $68.5.
The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/2/2016. Currently, the stock has a 1 Year Price Target of $63.94.
The consensus recommendation, according to Zacks Investment research, is 2.14. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.29 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.23 and 2.19 respectively.
QUALCOMM Incorporated on 6/30/2016 reported its EPS as $1.16 with the analysts projecting the EPS of the stock as $0.97. The company beat the analyst EPS Estimate with the difference of $0.19. This shows a surprise factor of 19.6%.
Many analysts have provided their estimated foresights on QUALCOMM Incorporated Earnings, with 24 analysts believing the company would generate an Average Estimate of $1.13. Whereas they predicted High and Low Earnings Estimate as $1.18 and $1.08 respectively. While in the same Quarter Previous year, the Actual EPS was $0.91.
Analysts are also projecting an Average Revenue Estimate for QUALCOMM Incorporated as $5.84 Billion in the Current Quarter. This estimate is provided by 24 analysts. The High Revenue estimate is predicted as 5.96 Billion, while the Low Revenue Estimate prediction stands at 5.68 Billion. The company’s last year sales total was 5.45 Billion.
For the Current Quarter, the growth estimate for QUALCOMM Incorporated is 24.2%, while for the Next Quarter the stock growth estimate is 24.7%. In the past 5 years, the stock showed growth of 5.77% per annum. While for the next 5 years, the growth estimate is 10.5%.
The Company got Upgrade by Mizuho on 30-Sep-16 from Neutral to Buy.
Insider Trades for QUALCOMM Incorporated show that the latest trade was made on 28 Sep 2016 where Grob Matthew S, the Officer completed a transaction type “Sell” in which 20000 shares were traded at a price of $66.25.
Over the period of 6 months, Insider Purchases show a total of 4 transaction in which 30565 shares were traded. 17 Insider Sales transactions were made totaling 115858 shares traded.
25 analysts projected Price Targets for QUALCOMM Incorporated. The analysts believe that the company stock price could grow as high as $75. The Low Price target projection by analysts is $50 and the Mean Price Target is $63.94.
QUALCOMM Incorporated (NASDAQ:QCOM) has the market capitalization of $99.4 Billion. The company rocked its 52-Week High of $70.4 on Sep 30, 2016 and touched its 52-Week Low of $42.24 on Feb 11, 2016. The stock has Return on Assets (ROA) of 10.2 percent. Return on Equity (ROE) stands at 17% and Return on Investment (ROI) of 10.3 percent.
The stock is currently showing YTD performance of 40.83 Percent. The company has Beta Value of 1.26 and ATR value of 1.41. The Weekly and Monthly Volatility stands at 3.35% and 2.03%.
QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company’s CDMA digital technology. The company’s business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release)