Analyst Research

Where QUALCOMM, Inc. (NASDAQ:QCOM) Stands on Analytical Review Chart?

QUALCOMM, Inc. (NASDAQ:QCOM) fell -0.11% during previous trade. Rosenblatt issued rating on the stock of QUALCOMM, Inc. (NASDAQ:QCOM) in a research note issued to investors on Apr-19-17, the stock received “Downgrade” rating from Buy to Neutral. Additionally Macquarie issued their verdict on the stock of the company, on record date of Mar-31-17 the stock was “Initiated” as Neutral at $60 besides that on Jan-26-17 QUALCOMM, Inc. (NASDAQ:QCOM) was “Reiterated” by Stifel as from $80 to $65. Furthermore on Jan-24-17 the stock was “Downgraded” by Charter Equity from Buy to Mkt Perform.

QUALCOMM, Inc. (NASDAQ:QCOM) shares ended last trading session at the price of $52.61 whereas a number of traders indicating mean target price will hit $64.53 over the next twelve months, mean value of price target most recently revised on 04/12/17. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $81 and low forecast is $47.10 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 9.89. However brokerage recommendations suggests an ABR of 1.86 based on calls of 21 experts, where 12 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 9 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 4/19/17 After Market Close. The company is expected to release $1.19 EPS for current quarter according to 22 analysts whereas the company reported $1.04 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.99 and high estimate of $1.25. For the current year QUALCOMM, Inc. (NASDAQ:QCOM) has set to release EPS of $4.63 as per the sentiments of 28 analysts, however according to 25 analysts, the company expected to release $4.75 EPS for next year.

QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $5.89B according to 21 number of analysts. However its lowest revenue estimates are $5.52B and highest revenue estimates are $6.11B. A year ago the company’s sales were $5.54B. Its yearly sales growth estimates are 6.30%. For the next quarter the company has anticipated average revenues of $5.94B, according to the sentiments of 21 analysts. For the current year the company has fixed $23.9B revenues, as per the opinion of 26 analysts. For the current year the company has low revenue estimates of $22.86B in contradiction of high revenue estimates of $24.9B. Whereas for the next year revenues are set at $24.68B by 23 analysts.

The stock exchanged hands 15.17M shares versus average trading capacity of 9.52M shares, while its shares’ total market worth is $77.38B along with 1.48B outstanding shares. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -25.28% below from the 52-week high price mark of $70.41 and +8.74% above from the 52-week price bottom of $48.38. However the company observed 52 week high price on 10/27/16 and witnessed 52 week low price on 04/29/16. The company’s price sits -6.27% below from its 50-day moving average of $56.53 and -13.49% away from the stock’s 200-day moving average which is $61.96. QUALCOMM, Inc. (NASDAQ:QCOM)’s price to sales ratio for trailing twelve month stands at 3.27, whereas its price to book ratio for most recent quarter sits at 2.49. However the company’s price to cash per share for most recent quarter stands at 7.19. Its price to free cash flow for trailing twelve months is 31.81.

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