QUALCOMM Incorporated [NASDAQ: QCOM] closed the trading session at $133.00 on 09/12/22. The day’s price range saw the stock hit a low of $132.32, while the highest price level was $134.22. The company report on September 12, 2022 that How ColdTrace X Is Protecting Life-Saving Vaccines, One Cold Room at a Time.
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The stocks have a year to date performance of -27.27 percent and weekly performance of 3.52 percent. The stock has been moved at -12.70 percent over the last six months. The stock has performed -10.03 percent around the most recent 30 days and changed -0.15 percent over the most recent 3-months.
If compared to the average trading volume of 8.18M shares, QCOM reached to a volume of 6500817 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about QUALCOMM Incorporated [QCOM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QCOM shares is $186.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QCOM stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DZ Bank have made an estimate for QUALCOMM Incorporated shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 29, 2022. The new note on the price target was released on July 28, 2022, representing the official price target for QUALCOMM Incorporated stock. On April 18, 2022, analysts decreased their price target for QCOM shares from 215 to 155.
The Average True Range (ATR) for QUALCOMM Incorporated is set at 4.28, with the Price to Sales ratio for QCOM stock in the period of the last 12 months amounting to 3.46. The Price to Book ratio for the last quarter was 9.30, with the Price to Cash per share for the same quarter was set at 6.25. Price to Free Cash Flow for QCOM in the course of the last twelve months was 41.29 with Quick ratio for the last quarter at 1.10.
QCOM stock trade performance evaluation
QUALCOMM Incorporated [QCOM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.52. With this latest performance, QCOM shares dropped by -10.03% in over the last four-week period, additionally sinking by -12.70% over the last 6 months – not to mention a drop of -6.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QCOM stock in for the last two-week period is set at 42.68, with the RSI for the last a single of trading hit 43.62, and the three-weeks RSI is set at 44.08 for QUALCOMM Incorporated [QCOM]. The present Moving Average for the last 50 days of trading for this stock 141.66, while it was recorded at 129.83 for the last single week of trading, and 153.06 for the last 200 days.
QUALCOMM Incorporated [QCOM]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and QUALCOMM Incorporated [QCOM] shares currently have an operating margin of +29.16 and a Gross Margin at +57.51. QUALCOMM Incorporated’s Net Margin is presently recorded at +26.94.
Return on Total Capital for QCOM is now 40.21, given the latest momentum, and Return on Invested Capital for the company is 39.43. Return on Equity for this stock inclined to 112.85, with Return on Assets sitting at 23.54. When it comes to the capital structure of this company, QUALCOMM Incorporated [QCOM] has a Total Debt to Total Equity ratio set at 163.81. Additionally, QCOM Total Debt to Total Capital is recorded at 62.09, with Total Debt to Total Assets ending up at 39.52. Long-Term Debt to Equity for the company is recorded at 142.00, with the Long-Term Debt to Total Capital now at 53.83.
Reflecting on the efficiency of the workforce at the company, QUALCOMM Incorporated [QCOM] managed to generate an average of $200,956 per employee. Receivables Turnover for the company is 8.85 with a Total Asset Turnover recorded at a value of 0.87.QUALCOMM Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.
Earnings per share (EPS) analysis for QUALCOMM Incorporated [QCOM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for QCOM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for QUALCOMM Incorporated go to 7.62%.
QUALCOMM Incorporated [QCOM]: Insider Ownership positions
There are presently around $108,809 million, or 74.50% of QCOM stock, in the hands of institutional investors. The top three institutional holders of QCOM stocks are: VANGUARD GROUP INC with ownership of 106,941,425, which is approximately 1.277% of the company’s market cap and around 0.12% of the total institutional ownership; BLACKROCK INC., holding 82,226,705 shares of the stock with an approximate value of $10.94 billion in QCOM stocks shares; and STATE STREET CORP, currently with $6.26 billion in QCOM stock with ownership of nearly -2.277% of the company’s market capitalization.
Positions in QUALCOMM Incorporated stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,330 institutional holders increased their position in QUALCOMM Incorporated [NASDAQ:QCOM] by around 45,615,074 shares. Additionally, 933 investors decreased positions by around 52,099,968 shares, while 273 investors held positions by with 720,396,340 shares. The mentioned changes placed institutional holdings at 818,111,382 shares, according to the latest SEC report filing. QCOM stock had 134 new institutional investments in for a total of 4,123,900 shares, while 154 institutional investors sold positions of 4,160,158 shares during the same period.