Should You Hold QUALCOMM Incorporated (NASDAQ:QCOM)


QUALCOMM Incorporated (NASDAQ:QCOM) closed its last session at $66.59. The stock traded within a range of $65.10 and $66.80. The company operates in the Technology sector with a market capitalization of 96.16 Million. Trading volume for QUALCOMM Incorporated was 10.26 Million in its previous trading session. Currently, QUALCOMM Incorporated (NASDAQ:QCOM) has an average volume of 10.87 Million.

Company Profile

Qualcomm Incorporated is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm’s licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm’s engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 30 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other.

Analyst Views

QUALCOMM Incorporated (NASDAQ:QCOM) received a Buy rating from 3 analysts. 0 analysts gave its stock an Outperform rating. 6 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

QUALCOMM Incorporated (NASDAQ:QCOM) touched its 1-Year High price of $69.28 on 11/24/17 and its 1-Year Low price of $48.92 on 09/08/17.

EPS & Financials

QUALCOMM Incorporated (NASDAQ:QCOM) reported its EPS in the last quarter as $0.98/Share beating the analyst estimate of $0.91/Share by a difference of $0.07. This showed a surprise of 7.7% in the last quarter earnings.

For the current quarter, 16 analysts are projecting a mean EPS of $0.7/share. According to their observations and findings, the stock could provide a high EPS of $0.73/share and a low EPS of $0.65/share.

Analysts believe that the company has the potential to earn average revenue of $5.2 Billion for the current quarter. According to their predictions high & low revenue estimates are 5.28 Billion and 5.09 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. QUALCOMM Incorporated (NASDAQ:QCOM) has a 20-Day average volume of 13.21 Million. According to today’s trading volume QUALCOMM Incorporated is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.16 Percent and Institutional ownership of 78.6 Percent. The return on assets stands at -6.7%, Return on Equity currently is -14.2% and the Return on Investment value is 3.6%.

QUALCOMM Incorporated (NASDAQ:QCOM) gross margin percentage stands at 57.3% while its operating margin for the past trailing twelve month is 8.3 percent and its overall profit margin (ttm) is -18.6 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 0.18% with a 50-Day Simple Moving Average of 1.41 percent. As of today, the company has a SMA200 (200-day simple moving average) of 14.5 Percent. The Stock has YTD (year to date) performance of 4.01 percent.

The TTM operating margin for the company stands at 8.3%. The return on invested capital is at 3.6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 98.42.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 14.5%, and has a solid year to date (YTD) performance of 4.01% which means that the stock is constantly adding to its value from the previous fiscal year end price.