Should You Buy Or Sell QUALCOMM Incorporated (NASDAQ:QCOM) On Analyst Concensus?

12 Month Chart for NASDAQ:QCOM

Federated Investors Inc. PA increased its position in shares of QUALCOMM by 117.6% in the fourth quarter. The stock of Lowe's Companies, Inc. Retirement Systems of Alabama owned about 0.07% of QUALCOMM worth $62,442,000 as of its most recent filing with the SEC. Also, EVP Cristiano R. Amon bought 18,815 shares of the company's stock in a transaction dated Friday, February 3rd. Berkshire Asset Management LLC PA boosted its position in QUALCOMM by 24.3% in the third quarter. The institutional investor held 8.41 million shares of the business services company at the end of 2016Q4, valued at $316.32 million, up from 7.53M at the end of the previous reported quarter. Bank of Nova Scotia raised its stake in shares of QUALCOMM by 1,364.5% in the first quarter. First Merchants Corp now owns 16,330 shares of the wireless technology company's stock worth $1,118,000 after buying an additional 1,125 shares during the last quarter. (NASDAQ:QCOM). Moreover, Ramsay Stattman Vela And Price has 0.24% invested in QUALCOMM, Inc. During the same quarter previous year, the business earned $1.04 earnings per share. Finally, Chemung Canal Trust Co. boosted its stake in QUALCOMM by 2.0% in the third quarter. Deutsche State Bank Ag owns 1.71 million shares or 0.1% of their U.S. portfolio. $491,286 worth of QUALCOMM, Inc. (NASDAQ:QCOM). Here's a quick roundup of today's bullish brokerage notes on shares of AAPL, BA, and QCOM.

QUALCOMM Incorporated (QCOM) has a 52-week high of $70.41 and a 52-week low of $49.56. The company's current price-earnings ratio amounts to 19.18 times earnings, above the average P/E ratio of 10.21 times earnings. A total of 0.9 million shares exchanged at hands and its average trading volume is standing at 0.13 million shares. QUALCOMM also was the recipient of some unusual options trading on Monday.

Best time to invest in stock market is when things are on odd side, and it's not easy how to pick stocks. In its latest earnings release, Qualcomm gave a wider-than-normal earnings forecast for the current quarter, noting that it cannot predict whether contract manufacturers would continue to underpay royalties, stoking analysts' fears that the lawsuits could continue to weigh on Qualcomm's bottom line. They expect $0.68 EPS, down 33.98 % or $0.35 from last year's $1.03 per share. QUALCOMM had a net margin of 20.56% and a return on equity of 20.25%. The firm had revenue of $5.99 billion during the quarter, compared to analyst estimates of $5.86 billion. Its up 722.93% from 64,100 shares previously. The Blackstone Group L.P. (NYSE:BX) earnings have risen with a quarterly rate of 10.9% over the last 5 years. With 4.62 million avg volume, 2 days are for Lowes Companies Incorporated (NYSE:LOW)'s short sellers to cover LOW's short positions.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, May 31st will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, May 26th.

Ngam Advisors Lp increased its stake in Qualcomm Inc (QCOM) by 5.06% based on its latest 2016Q4 regulatory filing with the SEC. Now it is offering a dividend yield of 3.95% and a 5 year dividend growth rate of 20.05%. QUALCOMM's payout ratio is now 64.63%. If you are accessing this story on another publication, it was illegally copied and reposted in violation of USA and global trademark & copyright law. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2017/05/23/retirement-systems-of-alabama-has-62-442-million-position-in-qualcomm-inc-qcom.html.

DHS hopeful Clarke denies plagiarism in master's thesis
Clarke wasn't among the seven because prosecutors say he wasn't directly involved in the events leading up to the inmate's death. Clarke on Wednesday claimed that he had accepted a position with the Department of Homeland Security as an assistant secretary.

QCOM has been the topic of a number of other research reports. Cowen & Co maintained the shares of QCOM in report on Thursday, July 23 with "Outperform" rating. Rosenblatt Securities upgraded shares of QUALCOMM from a neutral rating to a buy rating and set a $75.00 target price on the stock in a research report on Thursday, January 12th. The lowest 12-month price target for the shares is $50.00, which would be decrease of about -13% of its current value. The company presently has an average rating of "Hold" and a consensus price target of $64.23.

The target price for QUALCOMM Incorporated (QCOM) is $60.72/share according to the consensus of analysts working on the stock, with an expected EPS of $0.81/share for the current quarter.

In other QUALCOMM news, EVP James H. Thompson sold 25,000 shares of the stock in a transaction on Friday, April 21st. The stock was sold at an average price of $55.02, for a total transaction of $588,769.02. Following the completion of the sale, the executive vice president now directly owns 76,246 shares of the company's stock, valued at $4,005,202.38. The disclosure for this sale can be found here.

The author does not own Qualcomm stock.

Related news:

Hot News

isis-killer-beheading-video-story-top Salvador Sobral Of Portugal Wins Eurovision Song Contest
May 23, 2017 - 00:21
Salvador Sobral scored 758 points for his love ballad Amar Pelos Dois , which was written by his sister Luisa. The song got 758 points - much higher than last year's victor which only got 534 points.

isis-killer-beheading-video-story-top UK Labour leader accuses Theresa May of 'pandering' to Trump
May 23, 2017 - 00:21
A Labour Government would not engage with Isil directly but would support talks with the terror group in Geneva, he said. Meanwhile, when asked who would make the best prime minister, nearly half of voters backed Theresa May.

isis-killer-beheading-video-story-top With hopes for peace uncertain, Trump to visit Israel
May 23, 2017 - 00:19
Since its founding in 1948, only five USA presidents have visited Israel. Mr Trump said the story is another one the news media has gotten wrong.

isis-killer-beheading-video-story-top Apple Music starts charging for three-month trials in three countries
May 23, 2017 - 00:17
It should be noted though, that its top rival in the music streaming industry also offers a three-month discount in the U.S. AppleInsider speculates that the company may now be trying to recover some of those costs with paid trial periods.

isis-killer-beheading-video-story-top Canada's Justin Trudeau photobombs students' prom picture
May 23, 2017 - 00:11
He accidentally walked in on a wedding procession on a British Columbia beach past year as a bride was walking down the aisle. The same month, a Canadian family stumbled on him emerging from a cave while hiking in Quebec's Gatineau Park.

isis-killer-beheading-video-story-top Malaga vs. Real Madrid live stream
May 22, 2017 - 06:43
Earlier this month, Donetsk also claimed their 10th Ukrainian league title, taking it back from last year's champions Dynamo. However, David Junca turned into his own net after Neymar had hit the post to start Barca's revival 25 minutes from time .

isis-killer-beheading-video-story-top Dixon takes 3rd Indy pole with fastest speeds in 21 years
May 22, 2017 - 06:40
Davison, of Australia, replaces French driver Sebastien Bourdais, who had successful surgery to fix his pelvis Saturday night. Dale Coyne Racing's No. 18 vehicle , with replacement driver James Davison, will start from the back of the field.

Andre Dirrell's Uncle Sucker Punches Opponent In Wild Scene After Boxing Fight
May 22, 2017 - 06:26
He cost himself a victory with the move, although that didn't stop Lawson from entering the ring and landing a sucker punch. Police started a manhunt for Lawson, who could face assault charges which can carry a 25-year jail sentence.

isis-killer-beheading-video-story-top Big game hunter killed after shot elephant falls on him
May 22, 2017 - 06:24
DNA samples taken from contents found in the stomachs of two crocodiles that were shot during the search matched Mr Van Zyl. Botha was a pioneer of Monteira hunting, in which packs of dogs are deployed to chase deer and boar towards hunters.

isis-killer-beheading-video-story-top Julian Assange's team calls for Turnbull government's help
May 21, 2017 - 07:12
Maajid Nawaz said while this marks the end of one set of charges, he has some of his own he thinks Assange should face up to. Barry Pollack, an attorney in Washington representing Assange, said the British should allow Assange to travel to Ecuador.

isis-killer-beheading-video-story-top Man United held by Southampton in 0-0 stalemate
May 20, 2017 - 04:59
"We played a good team, a team who tried to win and tried to finish well", Mourinho said after visiting goalkeeper Sergio Romero saved a barrage of hard shots, including Manolo Gabbiadini's fifth-minute penalty.

Trump's Laptop, Tablet Ban On Flights From Europe Delayed -- For Now
May 19, 2017 - 07:04
The dialogue was robust and collaborative, according to a US senior administration official speaking to reporters at a briefing. Britain followed with a similar ban applying to incoming flights from six Middle East and North African countries.

ACLU Files to Get Comey's Memo on Trump Conversation
May 19, 2017 - 06:56
Flynn left his post in February after media reports that he misled the vice president about his contacts with Russian Federation . Timothy Simons said the unnamed official "has GOTTA be" Jared Kushner, Trump's son-in-law and one of his senior advisors.

Parents of freed Nigeria schoolgirls still wait to see them
May 19, 2017 - 06:52
Girls who escaped Boko Haram shortly after the 2014 mass kidnapping said some of their classmates had died from illness. More than 100 girls remain in Boko Haram custody and negotiations with the terror group continue, the government said.

isis-killer-beheading-video-story-top Pakistan can not execute Kulbhushan Jadhav till the court rules on case: ICJ
May 19, 2017 - 06:49
It would be "foolish to accept" the United Nations court's jurisdiction in the case of Indian spy, the resolution states. The government will wait to see Pakistan's decision. "It is a victory for India and a big blow for Pakistan".