In other words, while its earnings results weren't breathtaking, Qualcomm is doing enough to regain credibility as a dominant semiconductor company it was once known to be. Since the beta is greater than 1, it can be interpreted that the stock is theoretically more volatile than the market - something traders will surely be keeping an eye on. "Moreover, competitive mobile phone chipset market, stringent regulatory norms along with anti-competitive and unfair business practices charges act as risks".
Pinnacle Financial Partners Inc increased Qualcomm Inc (QCOM) stake by 19.46% reported in 2016Q4 SEC filing. Vetr now has $58.52 price target on the wireless technology company's stock. Mizuho reissued a buy rating and issued a $68.00 target price (down previously from $75.00) on shares of QUALCOMM in a report on Saturday, April 22nd. Citigroup Inc set a $70.00 target price on QUALCOMM and gave the company a "hold" rating in a research note on Wednesday, January 25th. Sanford C. Bernstein reiterated a market perform rating and set a $80.00 price objective on shares of QUALCOMM in a research report on Wednesday, January 18th. For now, QUALCOMM Incorporated is the toast of Wall Street as its ABR stands at 2.40 with 7 out of 31 analysts rating the stock a buy. Standpoint Research raised its rating on QUALCOMM Incorporated to Buy on 28/04/2017 in a reversal from its prior Hold rating.
Dividend hunters beware, QUALCOMM (NASDAQ:QCOM) will pay its upcoming dividend of $0.57 on the Wednesday 21 Jun 2017 and will start trading ex-dividend on the Friday 26 May 2017.
Halliburton Company (HAL) closed its previous trading session at $46.78 with the gain of 0.58%. The firm has a 50-day moving average price of $54.70 and a 200 day moving average price of $60.08.
QCOM has a 1-year high price of $ 70.41 and 1-year low price of $49.56.
Investors who are keeping close eye on QUALCOMM Incorporated (QCOM) stock; watched recent volatility movements, they can see that shares have been recorded at 1.43% for the week, and 1.56% for the last month. For the current year the company's revenue estimates are $22.7 Billion compared to low analyst estimates of $22.27 Billion and high estimates of $23.44 Billion according to 17 number of analysts. The Return on Equity now counts at 14.30%. QUALCOMM's quarterly revenue was up 8.1% on a year-over-year basis. (NASDAQ:MDXG) previous 52-week high was $15.34 and moved up 120.34% over the same period, trading at a volume of 1.53 million. Equities analysts forecast that QUALCOMM, Inc. will post $4.23 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 21st.
Oxford Asset Management holds 0.02% of its portfolio in Eleven Biotherapeutics Inc for 179,627 shares. Dnb Asset Mgmt As has invested 0% in QUALCOMM, Inc.
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What is the ex-dividend date?
Annual Dividend Yield of QUALCOMM Incorporated (QCOM) stands at 4.08%. Qualcomm's market cap-to-revenue is lower than NXPI's ratio of 4.12x and AVGO's ratio of 5.4x.
TRADEMARK VIOLATION WARNING: "QUALCOMM, Inc". (NASDAQ:QCOM). Metropolitan Life Ins Co New York reported 750,250 shares or 0.35% of all its holdings. If you are reading this story on another site, it was illegally stolen and reposted in violation of USA & worldwide trademark and copyright laws. The correct version of this report can be viewed at https://www.com-unik.info/2017/05/17/qualcomm-inc-qcom-receives-buy-rating-from-stifel-nicolaus-updated-updated-updated.html. Rosenberg Donald J sold 10,701 shares worth $588,767. Following the transaction, the executive vice president now directly owns 76,246 shares in the company, valued at $4,005,202.38.
In other news, Director Ann M. Livermore acquired 9,000 shares of the firm's stock in a transaction that occurred on Thursday, May 11th. The disclosure for this purchase can be found here.
Several hedge funds have recently bought and sold shares of the company. Finally, Adalta Capital Management LLC bought a new stake in QUALCOMM during the first quarter valued at approximately $3,349,000. Inc. boosted its stake in shares of QUALCOMM by 31.2% in the first quarter.
The Relative Volume of the company is 1.42 and Average Volume (3 months) is 10.41 million. Stock institutional ownership is 81.20% while insider ownership includes 0.17%.
QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access. They presently have a $64.00 price objective on the wireless technology company's stock.