Qualcomm, Inc. (NASDAQ: QCOM) on Monday, plunged -0.85% from the previous trading day, before settling in for the closing price of $171.29. Within the past 52 weeks, QCOM’s price has moved between $101.47 and $177.59.
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Technology Sector giant saw their annual sales surged by 11.93% over the last five years. The company achieved an average annual earnings per share of 17.35%. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.11 billion.
The firm has a total of 50000 workers. Let’s measure their productivity.
Qualcomm, Inc. (QCOM) Insider Activity
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Qualcomm, Inc. is 0.21%, while institutional ownership is 76.34%. The most recent insider transaction that took place on Apr 04 ’24, was worth 520,480. In this transaction CFO & COO of this company sold 3,000 shares at a rate of $173.49, taking the stock ownership to the 69,343 shares. Before that another transaction happened on Apr 01 ’24, when Company’s Chief Technology Officer sold 8,000 for $168.27, making the entire transaction worth $1,346,160. This insider now owns 261,893 shares in total.
Qualcomm, Inc. (QCOM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 48.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.35% per share during the next fiscal year.
Qualcomm, Inc. (NASDAQ: QCOM) Trading Performance Indicators
Qualcomm, Inc. (QCOM) is currently performing well based on its current performance indicators. A quick ratio of 1.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.22. Likewise, its price to free cash flow for the trailing twelve months is 19.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.90, a number that is poised to hit 2.32 in the next quarter and is forecasted to reach 11.13 in one year’s time.
Technical Analysis of Qualcomm, Inc. (QCOM)
Analysing the last 5-days average volume posted by the [Qualcomm, Inc., QCOM], we can find that recorded value of 6.45 million was lower than the volume posted last year of 8.65 million. As of the previous 9 days, the stock’s Stochastic %D was 45.30%. Additionally, its Average True Range was 4.09.
During the past 100 days, Qualcomm, Inc.’s (QCOM) raw stochastic average was set at 85.07%, which indicates a significant increase from 31.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.14% in the past 14 days, which was lower than the 27.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $162.89, while its 200-day Moving Average is $133.35. Now, the first resistance to watch is $173.29. This is followed by the second major resistance level at $176.73. The third major resistance level sits at $179.09. If the price goes on to break the first support level at $167.49, it is likely to go to the next support level at $165.13. Should the price break the second support level, the third support level stands at $161.69.
Qualcomm, Inc. (NASDAQ: QCOM) Key Stats
Market capitalization of the company is 189.54 billion based on 1,116,000K outstanding shares. Right now, sales total 35,820 M and income totals 7,232 M. The company made 9,935 M in profit during its latest quarter, and 2,767 M in sales during its previous quarter.
