Dynamic Stock on Most Traded List: QUALCOMM Incorporated (NASDAQ:QCOM)
Окт 14 2016 by Michele Stevens
The company stock was upgraded to Buy from Neutral, wrote analysts at Mizuho, in a research note issued to clients on Friday September 30, 2016.
Other research analysts have also issued reports about the company. The price to book (P/B) ratio of the company is 5.10. The shares have been given a mean "OVERWEIGHT" rating keeping in view the consensus of "32" Analysts. Current price places the company's stock 10.83% away from its 200-day simple moving average, 0.45%, away from the 50-day average and also 0.38% away from 20-day average. 3 analysts have rated the company as a strong "Hold". Finally, Stifel Nicolaus lifted their target price on Qualcomm from $59.00 to $67.00 and gave the stock a "buy" rating in a research report on Thursday, July 21st.
Early action on shares of QUALCOMM Incorporated (NASDAQ:QCOM) puts the stock on today's active list. The Company holds 170.72 million shares outstanding. The company has got a 52-week exceptional price of $70.40 and reached a 52-week lowest of the share price at $42.24. The Price to Book (P/B) ratio stands at 3.23.
Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 20th. Company gross margin stands at 60.40% whereas its return on investment (ROI) is 10.30%. During the same quarter in the previous year, the company posted $0.99 EPS.
Looking ahead to the next fiscal quarter, Wall Street analysts are expecting earnings per share of 0.98 for the period closing on 2016-09-30. With her almost 30 years at Hewlett-Packard Company (HP), Livermore brings extensive experience in senior leadership positions, and broad knowledge and experience in the areas of technology, business administration, marketing, sales, and research and development. Relative volume is ratio between current volume and 3-month average value, intraday adjusted.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 16th.
As with most large market cap stocks, it has a good dividend yield of 3.21%. The ex-dividend date is Monday, November 28th. Qualcomm's dividend payout ratio is presently 62.17%. Oregon Public Employees Retirement Fund owns 311,849 shares with a value of $21,362,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. According to their observations and findings, the stock could provide a high EPS of $1.44/share and a Low EPS of $1.08/share. The disclosure for this sale can be found here.
During last 5 trades the stock sticks nearly -0.88%.
A number of hedge funds have recently bought and sold shares of QCOM.
Chicago Trust Co Na reduced its stake in QUALCOMM by 1.74% during the most recent quarter end. Kelman Lazarov Inc. raised its stake in Qualcomm by 6.1% in the third quarter. The count of Hold ratings in that period was 18. FMR LLC increased its position in shares of Qualcomm by 9.2% in the second quarter. Pinkerton Retirement Specialists LLC now owns 2,076 shares of the wireless technology company's stock worth $111,000 after buying an additional 2,018 shares in the last quarter. In my eyes this is what is now taking place on the charts of QCOM stock.
QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally.
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