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QUALCOMM Incorporated Earnings Ahead: Quick Glance

21 April 2017

A number of other analysts also recently issued reports on the stock. Sanford C. Bernstein set a $65.00 price target on QUALCOMM and gave the stock a hold rating in a research report on Tuesday, February 7th.

Merrill Lynch maintained its Buy rating and $66 price objective.

QUALCOMM Incorporated shares decreased -6.09 percent over the past week and fell -9.36 percent over the previous month.

01/26/2017 - QUALCOMM Incorporated had its " rating reiterated by analysts at Brean Capital.

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BMO Capital Markets lowered Qualcomm's price target price to $54 from $60.

In current time period from sell-side analysts, price to current year EPS stands at 18.40%, and moving forward with price to next year's EPS estimate is 2.83%.

Macquarie Initiates Coverage On QUALCOMM Incorporated (QCOM)'s stock to Neutral with no specific Price Target. 15441688 shares were traded on QUALCOMM Incorporated's last session. The average return on assets for companies in the same sector is 2.44. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -13.49%, and has a poor year to date (YTD) performance of -18.56% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

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QUALCOMM Incorporated (QCOM) is slated to announce its fiscal Q2 earnings on Wednesday, Apr 19, 2017.

The shares Qualcomm Incorporated (NASDAQ: QCOM) climbed after reporting its second-quarter financial results that ended March 26, 2017. The company had revenue of $5.99 billion for the quarter, compared to analysts' expectations of $6.12 billion.

For the second quarter, the company expects net revenue to be between $2.28 billion and $2.32 billion and non-GAAP earnings to be between 43 cents and 45 cents per share. eBay expects full-year non-GAAP earnings for this year to be between $1.98 and $2.03 per share, which is somewhat light against the consensus of $2.02 per share. During the same quarter past year, the business earned $1.04 earnings per share. On average, analysts forecast that QUALCOMM will post $4.66 earnings per share for the current fiscal year. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark law. If you are accessing this story on another publication, it was copied illegally and republished in violation of US & worldwide trademark & copyright legislation. In short, whatever a given analyst recommendation may say, always consider whether a particular investment is right for you in light of your own financial circumstances. Shareholders of record on Wednesday, May 31st will be issued a $0.57 dividend. (NASDAQ:QCOM) because of significant EPS accretion and end-market diversification away from mobile from the pending NXP acquisition, and an attractive dividend yield of 4.3%. This is a boost from QUALCOMM's previous quarterly dividend of $0.53. The ex-dividend date is Friday, May 26th. QUALCOMM's payout ratio is presently 64.63%. The shares were bought at an average cost of $53.99 per share, for a total transaction of $53,990.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Non-GAAP earnings per share are estimated between $1.15 and $1.25.

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QUALCOMM Incorporated Earnings Ahead: Quick Glance