What’s New with QUALCOMM, Inc. (NASDAQ:QCOM)?

QUALCOMM, Inc. (NASDAQ:QCOM) share price plunged -1.37% or -0.80 points to reach at $57.55 during previous trading session. The stock’s price fluctuated within the range of $57.51 – $58.61 during previous trading session. A total of 20.06M shares exchanged hands, whereas the company’s average trading volume stands at 10.06B shares. QUALCOMM, Inc. (NASDAQ:QCOM) has a market capitalization of $83.84B and most recently 3.2B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for QUALCOMM, Inc. (NASDAQ:QCOM) is at 46.15.

According to sentiments of 23 analysts the mean estimates of short term price target for the company’s stock is marked at $64.99. The most optimistic analyst sees the stock reaching $81.00 while the most conventional predicts the target price at $47.10.

The consensus means EPS for the current quarter is at $1.2 derived from a total of 21 estimates. According to analysts minimum EPS for the current quarter is expected at $1.15 and can go high up to $1.25. However a year ago during same quarter QUALCOMM, Inc. (NASDAQ:QCOM) reported $1.04 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $1.11 per share according to consensus of 21 analysts.

According to sentiments of 20 analysts the company is expected to report revenues of $5.91B for the current quarter. Bearish revenue estimates established at $5.81B while the bullish revenue forecast has been figured out at $6.11B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.37 on the shares of QUALCOMM, Inc. (NASDAQ:QCOM). Out of rating recommendations 7 have given the stock a Buy while 7 recommend the stock as Outperform. 14 have given the stock a Hold rating, 2 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 20 day simple moving average is 0.74% whereas its distance from 50 day simple moving average is -0.21% along with -4.74% distance from 200 day simple moving average.

An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -18.26% below from the 52-week high mark of $70.41 and 20.00% above from the 52-week bottom of $47.96. The stock hit its 52-week high price on 10/27/16, and 52-week low price on 03/29/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -1.86% in the past one week and soared 2.83% during previous one month drive, the stock went down -14.02% during past quarter. In the last six months the stock’s performance fell -6.39% while yearly performance of the company advanced 16.01%. The company’s year to date (YTD) performance is at -10.91%.

While taking a glance at financials, we can look at a number of key indicators. QUALCOMM, Inc. (NASDAQ:QCOM) has a Return on Assets (ROA) of 9.50%. The company currently has a Return on Equity (ROE) of 15.90% and a Return on Investment (ROI) of 11.90%. Average true range (ATR-14) of the company sets at 0.77, along with its weekly and monthly volatility of 1.29%, 1.24% respectively. Beta value of the stock stands at 1.29.

The company’s price to free cash flow for trailing twelve months is 34.82. Its quick ratio for most recent quarter is 1.70 along with current ratio for most recent quarter of 2.00. Total debt to equity ratio of the company for most recent quarter is 0.37 whereas long term debt to equity ratio for most recent quarter is 0.32.

Analyst Review Alert on Price Target: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) soared 1.16% during previous trade, a total of 9.75M shares exchanged hands compared with its average trading volume of 12.26M shares whereas its relative volume is 0.77. The stock has a market capitalization of $86.91B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $58.79 and touched the lowest level of $58.30.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 02/14/17 and according to 23 analysts stock’s price will reach at $64.99 during 52 weeks with standard deviation of 10.20. Stock’s minimum price target estimates has been figured out at $47.10 while the maximum price target forecast is established at $81, if we look at the price target with an optimistic approach it has upside potential of 38% from its latest closing price of 58.64.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 2/14/17 by the analysts, however the bullish price estimates of the stock set at $83 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $63.56, the estimates indicates a standard deviation of 11.62.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.09. ABR value is precisely based on brokerage recommendations, where out of 22 brokerage recommendations 11 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 10 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 1/24/17 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) downgraded by Charter Equity from Buy to Mkt Perform. However previously on 1/23/17 it was downgraded by CLSA from Buy to Underperform. A research note issued on 1/23/17 the stock was downgraded by Instinet from Buy to Neutral.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 16.75% whereas its year to date (YTD) performance indicated a bearish trend of -9.22%. During the last six months the stock slipped -4.85%. Quarterly performance of the company shows declining momentum of -13.39% while its last one month trend is positive with 11.91%. Stock’s weekly performance expressed up trend of 3.90%.

The company’s price sits 0.48% below from its 50-day moving average of $55.84 and -2.74% away from the stock’s 200-day moving average which is $63.32. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -16.71% away from the 52-week high price of $70.41 and +22.28% far from the 52-week low price of $47.96.

According to consensus agreement of 21 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.2 in their quarterly report and it is expected to announce the company’s results on 4/19/17 After Market Close. For the current quarter the company has high EPS estimates of $1.25 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $1.04 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.67 according to the sentiments of 27 analysts, while its lowest earnings estimates are $4.1 and highest earnings estimates are $5.21.

According to 20 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $5.91B meanwhile the company has high revenue estimates of $6.11B in contradiction of low revenue estimates of $5.81B. For the current year the company’s revenue estimates are $23.84B compared to low analyst estimates of $21.86B and high estimates of $24.9B according to the projection of 27 analysts.

Analyst’s Review on: QUALCOMM, Inc (NASDAQ:QCOM)

QUALCOMM, Inc (NASDAQ:QCOM) share price plunged -0.74% or -0.42 points to reach at $56.46 during previous trading session. The stock’s price fluctuated within the range of $56.05 – $56.94 during previous trading session. A total of 12.46M shares exchanged hands, whereas the company’s average trading volume stands at 17.27M shares. QUALCOMM, Inc (NASDAQ:QCOM) has a market capitalization of $82.78B and most recently 1.48B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for QUALCOMM, Inc (NASDAQ:QCOM) is at 46.06.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $65.53. The most optimistic analyst sees the stock reaching $81 while the most conventional predicts the target price at $47.10.

The consensus mean EPS for the current quarter is at $1.2 derived from a total of 21 estimates. According to analysts minimum EPS for the current quarter is expected at $1.15 and can go high up to $1.25. However a year ago during same quarter QUALCOMM, Inc (NASDAQ:QCOM) reported $1.04 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $1.11 per share according to consensus of 21 analysts.

According to sentiments of 20 analysts the company is expected to report revenues of $5.91B for the current quarter. Bearish revenue estimates established at $5.81B while the bullish revenue forecast has been figured out at $6.11B

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.35 on the shares of QUALCOMM, Inc (NASDAQ:QCOM). Out of rating recommendations 7 have given the stock a Buy while 8 recommend the stock as Outperform. 14 have given the stock a Hold rating, 2 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. QUALCOMM, Inc (NASDAQ:QCOM)’s distance from 20 day simple moving average is 3.27% whereas its distance from 50 day simple moving average is -8.68% along with -6.53% distance from 200 day simple moving average.

An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. QUALCOMM, Inc (NASDAQ:QCOM) shares were trading -20.55% below from the 52-week high mark of $71.06 and +24.40% above from the 52-week bottom of $45.39. The stock hit its 52-week high price on 10/27/16 and 52-week low price on 2/19/16.

When we have a peek on stock’s historical trends we come to know that, the stock has climbed 4.56% in the past one week and plunged -12.38% during previous one month drive, the stock went down -14.18% during past quarter. In the last six months the stock’s performance plunged -8.97% while yearly performance of the company advanced 18.33%.The company’s year to date (YTD) performance is at -13.40%.

While taking a glance at financials, we can look at a number of key indicators. QUALCOMM, Inc (NASDAQ:QCOM) has a Return on Assets (ROA) of 9.50%. The company currently has a Return on Equity (ROE) of 15.90% and a Return on Investment (ROI) of 11.90%. Average true range (ATR-14) of the company sets at 1.29, along with its weekly and monthly volatility of 1.42%, 2.13% respectively. Beta value of the stock stands at 1.31.

The company’s price to free cash flow for trailing twelve months is 34.16. Its quick ratio for most recent quarter is 1.70 along with current ratio for most recent quarter of 2. Total debt to equity ratio of the company for most recent quarter is 0.37 whereas long term debt to equity ratio for most recent quarter is 0.32.

QUALCOMM, Inc. (NASDAQ:QCOM): Reviewing Company’s Shares

QUALCOMM, Inc. (NASDAQ:QCOM) soared 0.61% during previous trade, a total of 10.97M shares exchanged hands compared with its average trading volume of 15.12M shares whereas its relative volume is 0.91. The stock has a market capitalization of $77.53B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $53.22 and touched the lowest level of $52.75.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 02/02/17 and according to 24 analysts stock’s price will reach at $65.49 during 52 weeks with standard deviation of 11.62. Stock’s minimum price target estimates has been figured out at $47.10 while the maximum price target forecast is established at $81, if we look at the price target with an optimistic approach it has upside potential of 54% from its latest closing price of $52.98.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 12/14/16 by the analysts, however the bullish price estimates of the stock set at $83 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $68.47, the estimates indicates a standard deviation of 13.42.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.13. ABR value is precisely based on brokerage recommendations, where out of 23 brokerage recommendations 11 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 11 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 1/24/17 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) downgraded by Charter Equity from Buy to Mkt Perform. However previously on 1/23/17 it was downgraded by CLSA from Buy to Underperform. A research note issued on 1/23/17 the stock was downgraded by Instinet from Buy to Neutral.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 20.18% whereas its year to date (YTD) performance indicated a bearish trend of -18.74%. During the last six months the stock slipped -11.70%. Quarterly performance of the company shows declining momentum of -20.41% while its last one month trend is negative with -19.08%. Stock’s weekly performance expressed down trend of -2.32%.

The company’s price sits -17.65% below from its 50-day moving average of $62.74 and -12.02% away from the stock’s 200-day moving average which is $64.20. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -25.45% away from the 52-week high price of $71.06 and +29.91% far from the 52-week low price of $40.78.

According to consensus agreement of 21 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.2 in their quarterly report and it is expected to announce the company’s results on 4/19/17 After Market Close. For the current quarter the company has high EPS estimates of $1.25 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $1.04 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.65 according to the sentiments of 27 analysts, while its lowest earnings estimates are $3.4 and highest earnings estimates are $5.21.

According to 21 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $5.91B meanwhile the company has high revenue estimates of $6.11B in contradiction of low revenue estimates of $5.81B. For the current year the company’s revenue estimates are $23.8B compared to low analyst estimates of $21.86B and high estimates of $24.9B according to the projection of 27 analysts.

Estimations under Considerations: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) soared 0.22% or +0.12 points during previous trade after opening at the price of $55.02, a total of 41,536,000 shares exchanged hands compared with its average trading volume of 11.17M shares. The stock has a market capitalization of $70.93B and it has 1.48B outstanding shares.

According to consensus agreement of 21 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.18 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. The stock lost almost -17.5% in price since last earning report, when its share price was $66.56. For the current quarter the company has highest EPS estimates of $1.24 and low forecast is $1.15. However a year ago for the same quarter the company has reported $0.97 earnings per share.

Earnings reaction history indicates that share price went down 15 times out of last 27 quarters. In QUALCOMM, Inc. (NASDAQ:QCOM)’s last 12 earnings reports, it has beaten EPS estimates 91% of the time. However it has meet the estimates 0 time and missed 1 time.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $0.98 while QUALCOMM, Inc. (NASDAQ:QCOM) reported $1.17 EPS on 11/2/2016 After Market Close with a difference of 0.19 marking a surprise factor of 19.39%. The stock’s next day closing price was $66.43 with the loss of -0.20% in its share price. On seventh day of the earnings report price change of the stock was 1.19%.

Previously for the quarter ended on 6/2016, QUALCOMM, Inc. (NASDAQ:QCOM)’s expected mean EPS was $0.83, the company reported its quarterly earnings per share of $1.03 on 7/20/2016 After Market Close, beating the analysts’ consensus estimate by 0.20 with surprise factor of 24.10%. The stock’s closing price was $58.96 with the gain of 7.36% in its share price on the day following the earning announcement. However price change of the stock was 11.98% on seventh day of the earnings report.

QUALCOMM, Inc. (NASDAQ:QCOM)’s mean EPS estimate was $0.82 for the quarter ended on 3/2016, while it reported EPS of $0.89 on 4/20/2016 After Market Close, beating the analysts’ consensus estimate by 0.07 with surprise factor of 8.54%. On next day when data was publically announced, the stock’s closing price was $50.35 with -0.81% decline in its share price. On seventh day of the earnings report price change of the stock was down 1.56%.

Back on 1/27/2016 the company’s estimated EPS value was $0.78 and it reported $0.85 earnings per share (EPS) for the quarter ended on 12/2015. The company posted a positive surprise factor of 8.97% by 0.07.

Average EPS forecast for the current year is $4.74 according to 27 analysts making projections for QUALCOMM, Inc. (NASDAQ:QCOM). The most expectant earnings per share estimate of the stock is set at $5.32 while the conservative estimates kept at $4.17 over the current year. Having a look at the historical EPS report, the company attained $4.44 EPS for the previous year. While revenue estimates for the current year is $23.77B, QUALCOMM, Inc. (NASDAQ:QCOM) setting the highest revenues estimates of $25.16B and indicating lowest revenues at $21.49B according to agreement of 26 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of $6.12B covering forecast of 20 analysts. The company indicates a peak revenue level of $6.25B and $6.08B at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of 21.60% whereas for next quarter it has 15.40% estimations over growth. Its forecasts over growth are 6.80% during current year while analysts’ growth estimation for the next year is 4.00%. Past 5 years growth of QUALCOMM, Inc. (NASDAQ:QCOM) observed at 4.58%, and for the next five years the analysts that follow this company are expecting its growth at 10.50%.

QUALCOMM, Inc. (NASDAQ:QCOM) reached at $55.00 price level during last trade its distance from 20 days simple moving average is -15.50%, and its distance from 50 days simple moving average is -17.01% while it has a distance of -8.42% from the 200 days simple moving average. One year trading price range hit the peak level of $71.06 and touched the lowest level of $40.78. The company’s distance from 52-week high price is -22.61% and current price is above +34.87% from 52-week low price.

What Analysts Think of QUALCOMM, Inc. (NASDAQ:QCOM)?

QUALCOMM, Inc. (NASDAQ:QCOM) fell -12.72% during previous trade. Instinet issued rating on the stock of QUALCOMM, Inc. (NASDAQ:QCOM) in a research note issued to investors on Jan-23-17, the stock received “Downgrade” rating from Buy to Neutral. Additionally CLSA issued their verdict on the stock of the company, on record date of Jan-23-17 the stock was “Downgraded” Buy to Underperform besides that on Jan-12-17 QUALCOMM, Inc. (NASDAQ:QCOM) was “Upgraded” by Rosenblatt from Neutral to Buy. Furthermore on Dec-21-16 the stock was “Initiated” by Citigroup as Neutral.

QUALCOMM, Inc. (NASDAQ:QCOM) shares ended last trading session at the price of $54.88 whereas a number of traders indicating mean target price will hit $70.13 over the next twelve months, mean value of price target most recently revised on 1/18/17. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83 and low forecast is $47.10 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 13.42. However brokerage recommendations suggests an ABR of 1.87 based on calls of 23 experts, where 14 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 8 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17After Market Close. The company is expected to release $1.18 EPS for current quarter according to 21 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.15 and high estimate of $1.24. For the current year QUALCOMM, Inc. (NASDAQ:QCOM) has set to release EPS of $4.74 as per the sentiments of 27 analysts, however according to 21 analysts, the company expected to release $4.93 EPS for next year.

QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.12B according to 20 number of analysts. However its lowest revenue estimates are $6.08B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 6.10%. For the next quarter the company has anticipated average revenues of $5.9B, according to the sentiments of 20 analysts. For the current year the company has fixed $23.77B revenues, as per the opinion of 26 analysts. For the current year the company has low revenue estimates of $21.49B in contradiction of high revenue estimates of $25.16B. Whereas for the next year revenues are set at $24.25B by 21 analysts.

The stock exchanged hands 94.44M shares versus average trading capacity 8.14M shares, while its shares’ total market worth is $79.09B along with 1.48B outstanding shares. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -22.77% below from the 52-week high price mark of $71.06 and +34.57% above from the 52-week price bottom of $40.78. However the company observed 52 week high price on 10/27/16 and witnessed 52 week low price on 02/11/16. The company’s price sits -17.51% below from its 50-day moving average of $66.47 and -8.57% away from the stock’s 200-day moving average which is $64.35. QUALCOMM, Inc. (NASDAQ:QCOM)’s price to sales ratio for trailing twelve month stands at 3.53, whereas its price to book ratio for most recent quarter sits at 2.55. However the company’s price to cash per share for most recent quarter stands at 4.45. Its price to free cash flow for trailing twelve months is 21.46.

Stock to Track: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) share price plunged -2.42% or -1.56 points to reach at $62.88 during previous trading session. The stock’s price fluctuated within the range of $62.62 – $65.74 during previous trading session. A total of 20.94M shares exchanged hands, whereas the company’s average trading volume stands at 7.67M shares. QUALCOMM, Inc. (NASDAQ:QCOM) has a market capitalization of $89.66B and most recently 1.48B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for QUALCOMM, Inc. (NASDAQ:QCOM) is at 34.57.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $73.63. The most optimistic analyst sees the stock reaching $83.00 while the most conventional predicts the target price at $58.00.

The consensus mean EPS for the current quarter is at $1.18 derived from a total of 21 estimates. According to analysts minimum EPS for the current quarter is expected at $1.15 and can go high up to $1.24. However a year ago during same quarter QUALCOMM, Inc. (NASDAQ:QCOM) reported $0.97 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $1.2 per share according to consensus of 21 analysts.

According to sentiments of 20 analysts the company is expected to report revenues of $6.12B for the current quarter. Bearish revenue estimates established at $6.08B while the bullish revenue forecast has been figured out at $6.25B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.26 on the shares of QUALCOMM, Inc. (NASDAQ:QCOM). Out of rating recommendations 7 have given the stock a Buy while 9 recommend the stock as Outperform. 15 have given the stock a Hold rating, 0 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. QUALCOMM, Inc. (NASDAQ:QCOM)’s distance from 20 day simple moving average is -4.58% whereas its distance from 50 day simple moving average is -5.63% along with 4.88% distance from 200 day simple moving average.

Important factors to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -11.52% below from the 52-week high mark of $71.06 and +54.19% above from the 52-week bottom of $40.78. The stock hit its 52-week high price on 10/27/16, and 52-week low price on 02/11/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -4.90% in the past one week and plunged -6.18% during previous one month drive, the stock went down -3.68% during past quarter. In the last six months the stock’s performance soared 6.64% while yearly performance of the company advanced 38.42%. The company’s year to date (YTD) performance is at -3.56%.

While taking a glance at financials, we can look at a number of key indicators. QUALCOMM, Inc. (NASDAQ:QCOM) has a Return on Assets (ROA) of 11.20%. The company currently has a Return on Equity (ROE) of 18.70% and a Return on Investment (ROI) of 11.90%. Average true range (ATR-14) of the company sets at 1.43, along with its weekly and monthly volatility of 3.52%, 1.87% respectively. Beta value of the stock stands at 1.35.

The company’s price to free cash flow for trailing twelve months is 23.96. Its quick ratio for most recent quarter is 2.90 along with current ratio for most recent quarter of 3.10. Total debt to equity ratio of the company for most recent quarter is 0.37 whereas long term debt to equity ratio for most recent quarter is 0.31.

Price Target Estimates Under Analyst’s Radar: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) soared 1.15% during previous trade, a total of 6.18M shares exchanged hands compared with its average trading volume of 7.45M shares whereas its relative volume is 0.70. The stock has a market capitalization of $99.94B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $67.08 and touched the lowest level of $66.16.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 12/14/16 and according to 24 analysts stock’s price will reach at $73.79 during 52 weeks with standard deviation of 13.42. Stock’s minimum price target estimates has been figured out at $58 while the maximum price target forecast is established at $83, if we look at the price target with an optimistic approach it has upside potential of 24% from its latest closing price of $66.88.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 12/14/16 by the analysts, however the bullish price estimates of the stock set at $83 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $67.94, the estimates indicates a standard deviation of 13.14.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.87. ABR value is precisely based on brokerage recommendations, where out of 23 brokerage recommendations 14 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 1/12/17 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) upgraded by Rosenblatt from Neutral to Buy. However previously on 11/10/16 it was downgraded by JP Morgan from Overweight to Neutral. A research note issued on 10/31/16 the stock was downgraded by Morgan Stanley from Overweight to Equal-Weight.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 45.13% whereas its year to date (YTD) performance indicated a bullish trend of 2.58%. During the last six months the stock climbed 24.16%. Quarterly performance of the company shows optimistic momentum of 2.59% while its last one month trend is negative with -3.55%. Stock’s weekly performance expressed up trend of 2.06%.

The company’s price sits 0.19% above from its 50-day moving average of $66.78 and 12.14% far from the stock’s 200-day moving average which is $63.86. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -5.89% away from the 52-week high price of $71.06 and +64% far from the 52-week low price of $40.78.

According to consensus agreement of 21 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.18 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. For the current quarter the company has high EPS estimates of $1.24 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $0.97 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.76 according to the sentiments of 26 analysts, while its lowest earnings estimates are $4.28 and highest earnings estimates are $5.32.

According to 20 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $6.12B meanwhile the company has high revenue estimates of $6.25B in contradiction of low revenue estimates of $6.08B. For the current year the company’s revenue estimates are $23.83B compared to low analyst estimates of $21.49B and high estimates of $25.16B according to the projection of 25 analysts.

Recent Analyst Updates on: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) rose 0.03% during previous trade. Rosenblatt issued rating on the stock of QUALCOMM, Inc. (NASDAQ:QCOM) in a research note issued to investors on Jan-12-17, the stock received “Upgrade” rating from Neutral to Buy. Additionally Citigroup issued their verdict on the stock of the company, on record date of Dec-21-16 the stock was “Initiated” as Neutral that on Dec-14-16 QUALCOMM, Inc. (NASDAQ:QCOM) was “Downgraded” by JP Morgan from Overweight to Neutral at $70. Furthermore on Nov-10-16 the stock was “Downgraded” by Morgan Stanley from Overweight to Equal-Weight.

QUALCOMM, Inc. (NASDAQ:QCOM) shares ended last trading session at the price of $66.12 whereas a number of traders indicating mean target price will hit $73.79 over the next twelve months, mean value of price target most recently revised on 12/14/16. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83 and low forecast is $58 based on the opinion of 22 analysts. The price target estimates represents a standard deviation of 13.42. However brokerage recommendations suggests an ABR of 1.87 based on calls of 23 experts, where 14 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 8 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17After Market Close. The company is expected to release $1.18 EPS for current quarter according to 21 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.15 and high estimate of $1.24. For the current year QUALCOMM, Inc. (NASDAQ:QCOM) has set to release EPS of $4.76 as per the sentiments of 26 analysts, however according to 21 analysts, the company expected to release $4.97 EPS for next year.

QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.12B according to 20 number of analysts. However its lowest revenue estimates are $6.08B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 6.10%. For the next quarter the company has anticipated average revenues of $5.9B, according to the sentiments of 20 analysts. For the current year the company has fixed $23.83B revenues, as per the opinion of 25 analysts. For the current year the company has low revenue estimates of $21.49B in contradiction of high revenue estimates of $25.16B. Whereas for the next year revenues are set at $24.42B by 20 analysts.

The stock exchanged hands 6.10M shares versus average trading capacity 7.47M shares, while its shares’ total market worth is $98.35B along with 1.48B outstanding shares. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -6.96% below from the 52-week high price mark of $71.06 and +62.13% above from the 52-week price bottom of $40.78. However the company observed 52 week high price on 10/27/16 and witnessed 52 week low price on 02/11/16. The company’s price sits -1.01% below from its 50-day moving average of $66.78 and 11.02% far from the stock’s 200-day moving average which is $63.75. QUALCOMM, Inc. (NASDAQ:QCOM)’s price to sales ratio for trailing twelve month stands at 4.15, whereas its price to book ratio for most recent quarter sits at 3.07. However the company’s price to cash per share for most recent quarter stands at 5.24. Its price to free cash flow for trailing twelve months is 25.23.

On the Move Insider Trading: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) exchanged hands 5,710,149 shares versus average trading capacity of 8.84M shares, while its relative trading volume is 0.69. QUALCOMM, Inc. (NASDAQ:QCOM)’s total market worth is $96.90B along with 1.48B outstanding shares.

Insiders has most recently took part in a trading activity, Aberle Derek K, President of the company in a transaction that occurred 1/9/2017 sold 11,621 shares of the stock. The stock was sold at a price of $65.68, for a total value of $763,218. Subsequent to the transaction Aberle Derek K owned a total of 5,653 shares of the stock.

In a separate transaction on 1/3/2017, Grob Matthew S, EVP, QUALCOMM Technologies Inc sold 2,000 shares of the stock. The stock was sold at a price of $65.86, for a total worth of $131,720.

Moreover, Rogers Alexander H, EVP & President, QTL sold 8,993 shares of the stock in a reserved transaction that ensued on 12/29/2016. At a price of $65.50, the stock was sold for an entire value of $589,042. Consequent to the transaction Rogers Alexander H owned a total of 655 shares of the stock.

Currently, 0.17% shares of QUALCOMM, Inc. (NASDAQ:QCOM) are owned by insiders with -12.79% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For QUALCOMM, Inc. (NASDAQ:QCOM) total 27 number of trades held during last 3 months and 82 during last 12 months, out of them 3 numbers of buys held in last 3 months and 16 buys in last 12 months. Whereas 24 numbers of sells held in last 3 months and 66 sells over the past 12 months.

For the duration of last three months QUALCOMM, Inc. (NASDAQ:QCOM)’s total number of shares bought are 668 and sold 256,113 from a total of 256,781 traded shares. During last twelve months 20,024 number of shares bought and 784,329 sold from a total of 804,353 shares traded. A net activity of 255,445 took place in the course of three months, while 764,305 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

QUALCOMM, Inc. (NASDAQ:QCOM) ended last trading session at the price of $65.63 whereas a number of traders indicating mean target price will hit $73.50 over the next twelve months, mean value of price target most recently revised on 12/14/16. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83.00 and low forecast is $58.00 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 13.42. However brokerage recommendations suggests an ABR of 1.87 based on calls of 23 experts.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17 After Market Close. The company is expected to release $1.18 EPS during current quarter according to 20 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $1.15 and high estimate of $1.24. QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.12B according to 20 number of analysts. However its lowest revenue estimates are $6.08B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 6.10%. Past 5 years growth of QUALCOMM, Inc. (NASDAQ:QCOM) observed at 4.58%, and for the next five years the analysts that follow this company are expecting its growth at 10.50%.