Qualcomm, Inc. (QCOM) recent quarterly performance of 21.84% is not showing the real picture

Witnessing the stock’s movement on the chart, on Thursday, Qualcomm, Inc. (NASDAQ: QCOM) had a quiet start as it plunged -0.01% to $180.54, before settling in for the price of $180.55 at the close. Taking a more long-term approach, QCOM posted a 52-week range of $101.47-$184.31.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 11.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.97%. This publicly-traded company’s shares outstanding now amounts to $1.11 billion, simultaneously with a float of $1.11 billion. The organization now has a market capitalization sitting at $201.48 billion. At the time of writing, stock’s 50-day Moving Average stood at $169.34, while the 200-day Moving Average is $137.74.

Qualcomm, Inc. (QCOM) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Semiconductors industry. Qualcomm, Inc.’s current insider ownership accounts for 0.21%, in contrast to 76.67% institutional ownership. According to the most recent insider trade that took place on May 03 ’24, this organization’s Chief Technology Officer sold 8,000 shares at the rate of 182.00, making the entire transaction reach 1,456,000 in total value, affecting insider ownership by 253,893. Preceding that transaction, on May 03 ’24, Company’s Director sold 2,056 for 178.21, making the whole transaction’s value amount to 366,400. This particular insider is now the holder of 54 in total.

Qualcomm, Inc. (QCOM) Earnings and Revenue Records

Qualcomm, Inc.’s EPS increase for this current 12-month fiscal period is 17.97% and is forecasted to reach 11.31 in the upcoming year.

Qualcomm, Inc. (NASDAQ: QCOM) Trading Performance Indicators

Let’s observe the current performance indicators for Qualcomm, Inc. (QCOM). It’s Quick Ratio in the last reported quarter now stands at 1.98. The Stock has managed to achieve an average true range (ATR) of 4.73. Alongside those numbers, its PE Ratio stands at $24.26, and its Beta score is 1.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.53. Similarly, its price to free cash flow for trailing twelve months is now 16.44.

In the same vein, QCOM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.44, a figure that is expected to reach 2.25 in the next quarter, and analysts are predicting that it will be 11.31 at the market close of one year from today.

Technical Analysis of Qualcomm, Inc. (QCOM)

Going through the that latest performance of [Qualcomm, Inc., QCOM]. Its last 5-days volume of 7.36 million was inferior to the volume of 8.66 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 81.99% While, its Average True Range was 4.86.

Raw Stochastic average of Qualcomm, Inc. (QCOM) in the period of the previous 100 days is set at 92.36%, which indicates a major rise in contrast to 86.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.35% that was higher than 31.52% volatility it exhibited in the past 100-days period.