How Analysts Rated QUALCOMM, Inc
- Author: Zachary Reyes May 23, 2017,
May 23, 2017, 15:21
Capstone Invest Limited Liability Company has invested 0.02% in QUALCOMM, Inc. Sabal Trust CO now owns 5,875 shares of the wireless technology company's stock valued at $402,000 after buying an additional 350 shares during the last quarter. Sterling Global Strategies LLC raised its position in shares of QUALCOMM by 0.4% in the fourth quarter.
Gigamon Inc. (NYSE:GIMO) shares are moving 2.79% trading at $38.70 today. Finally, Kanaly Trust Co raised its position in shares of QUALCOMM by 0.6% in the third quarter.
The number of shares traded in the last trading session was 16.54 Million. The fund purchased 15,499 shares of the wireless technology company's stock, valued at approximately $889,000. It also reduced its holding in Dun And Bradstreet Corp Del (NYSE:DNB) by 26,350 shares in the quarter, leaving it with 24,528 shares, and cut its stake in Vanguard Index Fds (VBK). The stock was sold at an average price of $52.53, for a total value of $1,313,250.00. Price T Rowe Associates Inc. MD raised its position in shares of QUALCOMM by 9.8% in the third quarter. The stock of Manhattan Associates, Inc. Following the completion of the sale, the executive vice president now directly owns 76,246 shares of the company's stock, valued at $4,005,202.38. The company has its outstanding Shares of 1.48 Billion. Qualcomm Inc now has $89.63 billion valuation. (NASDAQ:QCOM). Lingohr And Partner Asset Gmbh, a Germany-based fund reported 21,700 shares. QUALCOMM Incorporated has a 52-week low of 50.84 and a 52-week high of 71.62.
QUALCOMM Incorporated had its "market perform" rating reiterated by analysts at BMO Capital Markets.
QUALCOMM Incorporated (QCOM)'s distance from 200 day simple moving average is -4.92 percent, its distance from 50 day simple moving average is 3.8 percent, while its distance from 20 day simple moving average is 6.06 percent. QUALCOMM also was the target of some unusual options trading on Monday. The stock was last seen 2.76% higher, reaching at $57.67 on Friday. (NASDAQ:QCOM) to report $0.68 EPS on July, 19 after the close.They anticipate $0.35 EPS change or 33.98 % from last quarter's $1.03 EPS.
The company is expected to report earnings of $0.81 a share for the next quarter. The Return on Equity (ROE) and Return on Investment values are 14.3 percent and 11.9 percent respectively. The business had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.86 billion. During the same period in the previous year, the firm posted $1.04 earnings per share.
The company reported an impressive total revenue of 23.55 Billion in the last fiscal year. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Shareholders of record on Wednesday, May 31st will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, May 26th. This is a boost from QUALCOMM's previous quarterly dividend of $0.53. QUALCOMM's dividend payout ratio (DPR) is 64.63%.
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04/28/2017 - QUALCOMM Incorporated was upgraded to "buy" by analysts at Standpoint Research. $65.99's average target is 11.81% above currents $59.02 stock price. Instinet downgraded shares of QUALCOMM from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $80.00 to $70.00 in a report on Monday, January 23rd.
Some buy side analysts are also providing their Analysis on QUALCOMM Incorporated, where 7 analysts have rated the stock as Strong buy, 6 analysts have given a Buy signal, 16 said it's a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. There is no concrete way to calculate a price target. Also, EVP Donald J. Rosenberg sold 10,701 shares of QUALCOMM stock in a transaction that occurred on Thursday, May 11th.
To stay one step ahead we extended our research by comparing different price targets. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Ngam Advisors Lp bought 72,427 shares as the company's stock rose 2.14% with the market. The disclosure for this sale can be found here.