Hot Stocks Among Investors: QUALCOMM Incorporated (QCOM), eBay Inc. (EBAY)
- Author: Arturo Norris Feb 14, 2017,
Feb 14, 2017, 4:20
QUALCOMM Incorporated (NASDAQ:QCOM) belonging to the Computer and Technology sector has surged 2.12% and closed its last trading session at $54.
This stock (QCOM) is ahead of its 52-week low with 32.41%. QUALCOMM accounts for 0.8% of Usca Ria LLC's holdings, making the stock its 20th largest position. Gardiner Nancy B's holdings in QUALCOMM were worth $572,000 at the end of the most recent reporting period.
Citigroup Inc. has 52-Week high of $61.63 and 52-Week Low of $36.61. Citizens Financial Group Inc RI now owns 4,891 shares of the wireless technology company's stock worth $335,000 after buying an additional 16 shares in the last quarter. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
Some professionals are unaffiliated: they offer their autonomous research to investing or financial establishments, insurance firms, private shareholders or banks on a payment or project basis. Kelman Lazarov Inc. boosted its stake in shares of QUALCOMM by 6.1% in the third quarter.
A number of other institutional investors also recently bought and sold shares of the company. BlackRock Fund Advisors raised its position in QUALCOMM by 16.5% in the third quarter. MA ended last trade at $54.00 a share and the price is up more than -17.18% so far this year.
QUALCOMM Incorporated (NASDAQ:QCOM) has the market capitalization of $79.81 Billion. The highest analyst price target is $81.00, which implies a rally of 50 percent. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -5.47% where SMA50 and SMA200 are -14.14% and -10.4% respectively.
QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, January 25th. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. QUALCOMM had a net margin of 20.56% and a return on equity of 20.25%. Its revenue totaled $6.12 billion down -0.82% from the previous quarter.
QUALCOMM Incorporated (QCOM) have shown a high EPS growth of 7.10% in the last 5 years and has earnings decline of 18.40% yoy.
eBay Inc. (NASDAQ:EBAY), stock is trading $33.41 above the 52-week high and has displayed a high EPS growth of 21.00% in last 5 years. Equities research analysts expect that QUALCOMM Incorporated will post $4.68 EPS for the current fiscal year. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.53 per share. The ex-dividend date is Monday, February 27th. This represents a $2.12 dividend on an annualized basis and a yield of 3.93%. QUALCOMM's payout ratio is 64.63%.
COPYRIGHT VIOLATION NOTICE: This story was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another domain, it was illegally copied and reposted in violation of global copyright & trademark law. J P Morgan Chase & Co lowered QUALCOMM from an "overweight" rating to a "neutral" rating and lifted their price target for the company from $69.34 to $70.00 in a research note on Wednesday, December 14th.
Price Target plays a critical role when it comes to the Analysis of a Stock. QUALCOMM has an average rating of "Hold" and an average target price of $67.66. The stock was sold at an average price of $66.69, for a total transaction of $999,683.10. The class action, filed in United States District Court, Southern District of California, is on behalf of a class consisting of investors who purchased or otherwise acquired Qualcomm securities, seeking to recover compensable damages caused by defendants' violations of the Securities Exchange Act of 1934. Also, EVP Michelle M. Sterling sold 9,810 shares of the business's stock in a transaction that occurred on Monday, November 21st. The disclosure for this purchase can be found here.
Several insiders were part of recent insider activity for the stock.
QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the companys CDMA digital technology.