QUALCOMM Incorporated (NASDAQ:QCOM) went up by 0.51% from its latest closing price compared to the recent 1-year high of $167.94. The company’s stock price has collected -0.84% of loss in the last five trading sessions. Press Release reported 1 hour ago that Veoneer provides update regarding discussions with Qualcomm
Is It Worth Investing in QUALCOMM Incorporated (NASDAQ :QCOM) Right Now?
QUALCOMM Incorporated (NASDAQ:QCOM) scored a price-to-earnings ratio above its average ratio, recording 17.91 x from its present earnings ratio. Plus, the 36-month beta value for QCOM is at 1.33. Opinions of the stock are interesting as 16 analysts out of 28 who provided ratings for QUALCOMM Incorporated declared the stock was a “buy,” while 2 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $184.15, which is $38.26 above the current price. QCOM currently public float of 1.13B and currently shorts hold a 1.12% ratio of that float. Today, the average trading volume of QCOM was 6.93M shares.
QCOM’s Market Performance
QCOM stocks went down by -0.84% for the week, with a monthly drop of -2.54% and a quarterly performance of 4.44%, while its annual performance rate touched 26.44%. The volatility ratio for the week stands at 1.69% while the volatility levels for the past 30 days are set at 1.66% for QUALCOMM Incorporated. The simple moving average for the period of the last 20 days is -0.59% for QCOM stocks with a simple moving average of 0.98% for the last 200 days.
Analysts’ Opinion of QCOM
Many brokerage firms have already submitted their reports for QCOM stocks, with Canaccord Genuity repeating the rating for QCOM by listing it as a “Buy.” The predicted price for QCOM in the upcoming period, according to Canaccord Genuity is $225 based on the research report published on August 12th of the current year 2021.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see QCOM reach a price target of $195, previously predicting the price at $188. The rating they have provided for QCOM stocks is “Buy” according to the report published on July 22nd, 2021.
Goldman gave a rating of “Neutral” to QCOM, setting the target price at $148 in the report published on July 19th of the current year.
QCOM Trading at -0.38% from the 50-Day Moving Average
After a stumble in the market that brought QCOM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.61% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares sank -3.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.85% upper at present.
During the last 5 trading sessions, QCOM fell by -0.84%, which changed the moving average for the period of 200-days by -1.73% in comparison to the 20-day moving average, which settled at $143.99. In addition, QUALCOMM Incorporated saw -5.86% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at QCOM starting from POLEK ERIN L, who sale 66 shares at the price of $150.00 back on Aug 02. After this action, POLEK ERIN L now owns 0 shares of QUALCOMM Incorporated, valued at $9,900 using the latest closing price.
MODOFF BRIAN, the EVP, Strategy and M&A of QUALCOMM Incorporated, sale 1,510 shares at $136.45 during a trade that took place back on Jun 15, which means that MODOFF BRIAN is holding 77,036 shares at $206,033 based on the most recent closing price.
Stock Fundamentals for QCOM
Current profitability levels for the company are sitting at:
- +26.46 for the present operating margin
- +60.67 for the gross margin
The net margin for QUALCOMM Incorporated stands at +22.09. The total capital return value is set at 28.78, while invested capital returns managed to touch 25.90. Equity return is now at value 126.70, with 24.70 for asset returns.
Based on QUALCOMM Incorporated (QCOM), the company’s capital structure generated 269.23 points at debt to equity in total, while total debt to capital is 72.92. Total debt to assets is 45.97, with long-term debt to equity ratio resting at 258.57. Finally, the long-term debt to capital ratio is 70.03.
When we switch over and look at the enterprise to sales, we see a ratio of 5.81, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 7.27 and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.14.