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In the latest session, Qualcomm, Inc (NASDAQ: QCOM) closed at $160.42 down -1.83% from its previous closing price of $163.41. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 7.9 million shares were traded. QCOM stock price reached its highest trading level at $162.9304 during the session, while it also had its lowest trading level at $159.84.
Ratios:
For a deeper understanding of Qualcomm, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on November 12, 2024, initiated with a Hold rating and assigned the stock a target price of $180.
On October 16, 2024, Citigroup reiterated its Neutral rating and also upped its target price recommendation from $200 to $185.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 08 ’24 when THOMPSON JAMES H sold 8,000 shares for $172.09 per share. The transaction valued at 1,376,720 led to the insider holds 211,321 shares of the business.
JAMES H THOMPSON bought 8,000 shares of QCOM for $1,376,720 on Nov 08 ’24. On Nov 04 ’24, another insider, CHAPLIN ANN C, who serves as the General Counsel&Corp Secretary of the company, sold 1,901 shares for $165.06 each. As a result, the insider received 313,779 and left with 12,007 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QCOM now has a Market Capitalization of 181548908544 and an Enterprise Value of 180366622720. As of this moment, Qualcomm,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.87, and their Forward P/E ratio for the next fiscal year is 13.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.57 while its Price-to-Book (P/B) ratio in mrq is 6.80. Its current Enterprise Value per Revenue stands at 4.629 whereas that against EBITDA is 15.082.
Stock Price History:
Over the past 52 weeks, QCOM has reached a high of $230.63, while it has fallen to a 52-week low of $122.63. The 50-Day Moving Average of the stock is -4.68%, while the 200-Day Moving Average is calculated to be -8.73%.
Shares Statistics:
For the past three months, QCOM has traded an average of 8.12M shares per day and 10329880 over the past ten days. A total of 1.11B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 0.15% of the company’s shares, while institutions hold 78.74% stake in the company. Shares short for QCOM as of 1730332800 were 23338097 with a Short Ratio of 2.87, compared to 1727654400 on 25675702. Therefore, it implies a Short% of Shares Outstanding of 23338097 and a Short% of Float of 2.1.
Dividends & Splits
According to the company, the forward annual dividend rate for QCOM is 3.30, from 3.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020194601The stock’s 5-year Average Dividend Yield is 2.2.
