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Qualcomm, Inc (NASDAQ: QCOM) closed the day trading at $158.82 up 1.29% from the previous closing price of $156.79. In other words, the price has increased by $1.29 from its previous closing price. On the day, 9.18 million shares were traded. QCOM stock price reached its highest trading level at $159.65 during the session, while it also had its lowest trading level at $157.2189.
Ratios:
For a better understanding of QCOM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.94. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when MARTIN NEIL sold 1,304 shares for $155.00 per share. The transaction valued at 202,120 led to the insider holds 94 shares of the business.
NEIL A MARTIN bought 1,304 shares of QCOM for $202,120 on Nov 21 ’24. On Nov 14 ’24, another insider, Palkhiwala Akash J., who serves as the CFO & COO of the company, sold 3,000 shares for $163.78 each. As a result, the insider received 491,349 and left with 51,778 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 176449044480 and an Enterprise Value of 178589024256. As of this moment, Qualcomm,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.69, and their Forward P/E ratio for the next fiscal year is 12.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. 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 6.73. Its current Enterprise Value per Revenue stands at 4.584 whereas that against EBITDA is 14.933.
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 $125.67. The 50-Day Moving Average of the stock is -5.28%, while the 200-Day Moving Average is calculated to be -9.93%.
Shares Statistics:
Over the past 3-months, QCOM traded about 8.26M shares per day on average, while over the past 10 days, QCOM traded about 8578730 shares per day. A total of 1.11B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 0.08% of the company’s shares, while institutions hold 77.35% stake in the company. Shares short for QCOM as of 1730332800 were 23338097 with a Short Ratio of 2.82, 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
QCOM’s forward annual dividend rate is 3.30, up from 3.3 a year ago. Against a Trailing Annual Dividend Yield of 0.02104726The stock’s 5-year Average Dividend Yield is 2.2.
