QUALCOMM Incorporated [NASDAQ: QCOM] jumped $ 2.82 during Monday’s normal trading session and hit a high of $ 167.71 during the day as it closed the day at $ 165.85. The company’s report on November 3, 2021 that the publication of Qualcomm’s results is available on the company’s investor relations website.
Qualcomm Incorporated (NASDAQ: QCOM) announced the company’s financial results for its fourth quarter and fiscal 2021 through an earnings release available on Qualcomm’s investor relations website at http: //investor.qualcomm.com/results.cfm. The publication of the results will be provided to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC’s website at http://www.sec.gov.
As previously announced, Qualcomm will host a conference call to discuss its fourth quarter and full year 2021 results which will be broadcast live on November 3, 2021, starting at 1:45 p.m. Pacific Time (PT) at http: // investor .qualcomm. com / events.cfm. An audio replay will be available at http://investor.qualcomm.com/events.cfm and by phone following the live call for 30 days thereafter. To listen to the replay by telephone, US callers can dial (877) 660-6853 and international callers can dial (201) 612-7415. Callers should use reservation number 13723721.
QUALCOMM Incorporated stock has also gained 23.03% of its value over the past 7 days. However, QCOM shares fell 13.70% during the 3 months of the year. Over the past six months, it has gained 29.20% and 8.87% year-on-year.
QCOM share market capitalization reached $ 179.14 billion, with 1.13 billion shares outstanding and 1.13 billion shares in the current float. Compared to the average trading volume of 7.82 million shares, QCOM reached a trading volume of 14,428,571 in the last trading day, which is why market watchers consider the share to be active.
Here’s What Leading Stock Market Gurus Have To Say About QUALCOMM Incorporated [QCOM]:
Based on careful, factual analysis from Wall Street experts, the current consensus on the target price for QCOM shares is $ 187.39 per share. Analysis of target price and stock performance is usually carefully considered 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 a scale of 1 to 5, where 5 means a strong sell, 4 represents a sell, 3 is a hold, and 2 indicates a buy.
DZ Bank made an estimate of QUALCOMM Incorporated shares, retaining its opinion on the stock as a buy, with its previous recommendation of November 5, 2021. Although these analysts maintained the previous recommendation, Goldman increased its target price by $ 162 to $ 194. The new target price note was released on November 04, 2021, representing the official price target for the QUALCOMM Incorporated share. Previously, the target price had yet another increase from $ 138 to $ 150, while Wells Fargo kept an even weight rating on QCOM stock. On November 4, 2021, analysts increased their price target for QCOM shares from 155 to 160.
The Average True Range (ATR) for QUALCOMM Incorporated is set at 4.62, with the price / sales ratio for the QCOM share over the last 12 months period being 5.34. The Price to Book ratio for the last quarter was 18.80, the Price to Cash per share for the same quarter was set at 11.49. The free cash flow price for QCOM for the last twelve months was 31.76 with a Quick ratio for the last quarter at 1.40.
QCOM stock market performance assessment
QUALCOMM Incorporated [QCOM] winning in the green zone at the end of last week, gaining in a positive trend and winning 23.03. With this latest performance, QCOM shares have gained 31.05% over the past four weeks, on top of 29.20% over the past 6 months – not to mention a 14.37% rise over the past six months. last year of negotiation.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result above 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent neutral market dynamics. The current RSI for QCOM stock over the last two-week period is set at 87.40, the RSI for the latest single from the trade has hit 93.44, and the three-week RSI is set at 81.11 for QUALCOMM Incorporated. [QCOM]. The current moving average for the last 50 trading days for this stock is 135.86, while it was recorded at 151.74 for the last week of trading and 138.18 for the last 200 days.
QUALCOMM Incorporated [QCOM]: An insightful look at the fundamentals
The operating margin for any stock indicates how profitable the investment would be, and QUALCOMM Incorporated [QCOM] The stocks currently have an operating margin of +26.46 and a gross margin of +60.67. QUALCOMM Incorporated’s net margin is currently recorded at +22.09.
The total ROI for QCOM is now 28.78, given the latest push, and the ROI for the company is 25.90. The return on equity for this stock was down to 94.63, with return on assets at 15.17. With regard to the capital structure of this company, QUALCOMM Incorporated [QCOM] has a ratio of total debt to total equity set at 269.23. In addition, QCOM’s total debt to total capital is recorded at 72.92, with total debt to total assets ending at 45.97. Long-term debt to equity of the company is recorded at 258.57, with long-term debt to total capital now at 70.03.
Reflecting on the efficiency of the workforce in the company, QUALCOMM Incorporated [QCOM] managed to generate an average of $ 126,780 per employee. The turnover of the company’s receivables is 7.27 with the total turnover of the registered assets at a value of 0.69. Equally interesting and compelling is the liquidity data from QUALCOMM Incorporated, with a quick ratio of 1.40 and a current ratio set at 1.70.
Earnings Per Share (EPS) Analysis for QUALCOMM Incorporated [QCOM] Stock
With the latest financial reports released by the company, QUALCOMM Incorporated posted EPS of 1.45 / share, while average EPS was forecast by analysts at 1.17 / share. When compared, the two values ââshow that the company exceeded estimates by a surprise factor of 23.90%. The company’s progress can be seen through the prism of the EPS growth rate, while Wall Street analysts focus on forecasting the 5-year EPS growth rate for QCOM. Regarding the mentioned value, analysts expect the 5-year EPS growth rate for QUALCOMM Incorporated to reach 30.07%.
QUALCOMM Incorporated [QCOM]: Insider ownership positions
There are currently approximately $ 138,700 million, or 74.40% of QCOM’s shares, in the hands of institutional investors. The three main institutional holders of QCOM shares are: VANGUARD GROUP INC with a stake of 102,838,530, which represents approximately -0.018% of the market capitalization of the company and approximately 0.13% of the total institutional ownership; BLACKROCK INC., Holding 80,250,408 shares worth approximately $ 13.31 billion in QCOM shares; and STATE STREET CORP, which currently owns $ 7.88 billion in QCOM shares and owns nearly 1.043% of the company’s market capitalization.
>> 7 top choices for the post-pandemic economy
Positions in QUALCOMM Incorporated shares held by institutional investors increased at the end of November and at the time of the November reporting period, when 1,106 institutional holders increased their position in QUALCOMM Incorporated [NASDAQ:QCOM] by approximately 45,035,667 shares. In addition, 836 investors reduced their positions by approximately 48,009,575 shares, while 294 investors held positions with 743,254,432 shares. The mentioned changes place institutional holdings at 836,299,674 shares, according to the latest report filed with the SEC. QCOM stock had 136 new institutional investments for a total of 11,131,332 shares, while 123 institutional investors sold positions of 2,610,871 shares during the same period.