Qualcomm, Inc. (NASDAQ: QCOM) kicked off on Monday, down -0.67% from the previous trading daybefore settling in for the closing price of $167.73. Over the past 52 weeks, QCOM has traded in a range of $104.33-$230.63.
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Technology Sector giant saw their annual sales surged by 11.93% over the last five years. While this was happening, its average annual earnings per share was recorded 19.25%. 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. In terms of profitability, gross margin is 55.9%, operating margin of 24.03%, and the pretax margin is 24.52%.
Qualcomm, Inc. (QCOM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Qualcomm, Inc. is 0.15%, while institutional ownership is 77.85%. The most recent insider transaction that took place on Sep 05 ’24, was worth 126,224. In this transaction SVP, Finance and CAO of this company sold 774 shares at a rate of $163.08, taking the stock ownership to the 94 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Officer proposed sale 774 for $163.08, making the entire transaction worth $126,224.
Qualcomm, Inc. (QCOM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 2.02 earnings per share (EPS), higher than consensus estimate (set at 1.91) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.25% per share during the next fiscal year.
Qualcomm, Inc. (NASDAQ: QCOM) Trading Performance Indicators
Take a look at Qualcomm, Inc.’s (QCOM) current performance indicators. Last quarter, stock had a quick ratio of 1.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.97. Likewise, its price to free cash flow for the trailing twelve months is 14.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.71, a number that is poised to hit 2.54 in the next quarter and is forecasted to reach 11.17 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 6.56 million was lower than the volume posted last year of 9.19 million. As of the previous 9 days, the stock’s Stochastic %D was 66.08%. Additionally, its Average True Range was 5.93.
During the past 100 days, Qualcomm, Inc.’s (QCOM) raw stochastic average was set at 19.21%, which indicates a significant decrease from 49.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.88% in the past 14 days, which was lower than the 47.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $175.94, while its 200-day Moving Average is $169.83. Now, the first resistance to watch is $168.04. This is followed by the second major resistance level at $169.46. The third major resistance level sits at $171.59. If the price goes on to break the first support level at $164.49, it is likely to go to the next support level at $162.36. Should the price break the second support level, the third support level stands at $160.94.
Qualcomm, Inc. (NASDAQ: QCOM) Key Stats
The company with the Market Capitalisation of 185.60 billion has total of 1,116,000K Shares Outstanding. Its annual sales at the moment are 35,820 M in contrast with the sum of 7,232 M annual income. Company’s last quarter sales were recorded 9,393 M and last quarter income was 2,129 M.
