A new trading day began on Friday, with Qualcomm, Inc (NASDAQ: QCOM) stock price down -1.16% from the previous day of trading, before settling in for the closing price of $172.91. QCOM’s price has ranged from $119.15 to $230.63 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 12.22%. Meanwhile, its annual earnings per share averaged 9.94%. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.11 billion.
Let’s determine the extent of company efficiency that accounts for 49000 employees. In terms of profitability, gross margin is 56.22%, operating margin of 26.04%, and the pretax margin is 26.53%.
Qualcomm, Inc (QCOM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Qualcomm, Inc is 0.15%, while institutional ownership is 78.35%. The most recent insider transaction that took place on Nov 08 ’24, was worth 1,376,720. Before that another transaction happened on Nov 04 ’24, when Company’s General Counsel&Corp Secretary sold 1,901 for $165.06, making the entire transaction worth $313,779. This insider now owns 12,007 shares in total.
Qualcomm, Inc (QCOM) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.75 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.62% during the next five years compared to 20.08% growth over the previous five years of trading.
Qualcomm, Inc (NASDAQ: QCOM) Trading Performance Indicators
Here are Qualcomm, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.82. Likewise, its price to free cash flow for the trailing twelve months is 16.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.98, a number that is poised to hit 2.97 in the next quarter and is forecasted to reach 12.37 in one year’s time.
Technical Analysis of Qualcomm, Inc (QCOM)
Looking closely at Qualcomm, Inc (NASDAQ: QCOM), its last 5-days average volume was 12.46 million, which is a jump from its year-to-date volume of 9.04 million. As of the previous 9 days, the stock’s Stochastic %D was 54.95%. Additionally, its Average True Range was 5.86.
During the past 100 days, Qualcomm, Inc’s (QCOM) raw stochastic average was set at 26.20%, which indicates a significant decrease from 44.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.67% in the past 14 days, which was lower than the 46.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $168.53, while its 200-day Moving Average is $175.53. However, in the short run, Qualcomm, Inc’s stock first resistance to watch stands at $173.35. Second resistance stands at $175.79. The third major resistance level sits at $178.08. If the price goes on to break the first support level at $168.61, it is likely to go to the next support level at $166.32. Should the price break the second support level, the third support level stands at $163.88.
Qualcomm, Inc (NASDAQ: QCOM) Key Stats
With a market capitalization of 187.68 billion, the company has a total of 1,111,000K Shares Outstanding. Currently, annual sales are 35,820 M while annual income is 7,232 M. The company’s previous quarter sales were 9,393 M while its latest quarter income was 2,129 M.
