Published: Fri, May 26, 2017
Money | By Armando Alvarado

Should You Buy QUALCOMM Incorporated (NASDAQ:QCOM) On Current Analyst Views?


The Illinois-based Zuckerman Inv Gru Llc has invested 0.05% in QUALCOMM, Inc. About 127,693 shares traded. It has underperformed by 23.48% the S&P500. It also increased its holding in Wells Fargo & Co New (NYSE:WFC) by 6,744 shares in the quarter, for a total of 19,418 shares, and has risen its stake in Novartis A G (NYSE:NVS). Nordea Investment Management AB increased its position in shares of QUALCOMM by 589.4% in the first quarter. Qualcomm Incorporated now has $87.41 billion valuation.

QUALCOMM Incorporated closed its last trading session at $59.22 with the loss of -0.98%. About 5.86M shares traded. Vodafone Group Plc (ADR) (NASDAQ:VOD) has declined 13.23% since May 24, 2016 and is downtrending. It has underperformed by 7.39% the S&P500.

Investors sentiment decreased to 1.01 in Q4 2016. The analysts estimated mean EPS at 0.83 while the high and low EPS estimate stand at 1.09 and 0.77 respectively. Stonebridge Capital Advisors LLC now owns 58,948 shares of the wireless technology company's stock worth $3,380,000 after buying an additional 53,730 shares during the period. 10 funds opened positions while 14 raised stakes. This is a boost from QUALCOMM's previous quarterly dividend of $0.53. Ltd. increased its stake in shares of QUALCOMM by 1,097.6% in the fourth quarter. (NASDAQ:QCOM). Huntington Bancshares holds 0.29% or 245,482 shares in its portfolio. Susquehanna Intll Gp Llp invested in 66,808 shares or 0% of the stock. RBC Capital Markets maintained QUALCOMM, Inc. (NASDAQ:QCOM) for 5,625 shares. The Pennsylvania-based Janney Montgomery Scott Ltd Limited Liability Company has invested 0% in Psychemedics Corp. (NASDAQ:QCOM) or 544,695 shares. The SI to Qualcomm Incorporated's float is 1.42%. Natl Asset holds 0.1% or 7,380 shares in its portfolio. Nichols Asset Mgmt Ltd invested in 3,600 shares. The New York-based Spark Investment Mngmt Ltd Llc has invested 0.01% in Dixie Group Inc (NASDAQ:DXYN). (NASDAQ:PMD) for 78,495 shares. Mufg Americas reported 141 shares or 0% of all its holdings. Ig Management Limited invested 0.63% in QUALCOMM, Inc. (NASDAQ:QCOM). 266,686 were reported by Gam Holdings Ag. During the same period previous year, the company earned $1.04 EPS. QCOM's profit will be $991.45 million for 21.63 P/E if the $0.68 EPS becomes a reality. The wireless technology company reported $1.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.05 by $0.29.

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When taking a look at recommendations from analysts, investors can use the average brokerage recommendation score to determine the consensus take on a stock. Therefore 42% are positive. Clinigen Group had 49 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of QUALCOMM, Inc. The stock has "Market Perform" rating by Northland Capital on Thursday, November 5.

A number of other research analysts have also recently issued reports on the stock. (NASDAQ:QCOM)'s price target was revised on 05/22/17. The company was maintained on Thursday, January 14 by Argus Research. (NASDAQ:QCOM) earned "Outperform" rating by Oppenheimer on Thursday, July 23. The firm earned "Overweight" rating on Monday, May 22 by JP Morgan. (NASDAQ:QCOM). Sigma Counselors invested 0.39% in QUALCOMM, Inc. The firm has "Hold" rating by Topeka Capital Markets given on Thursday, January 28. By calculating the amount of return, the company's current ratio - which is the liquidity and efficiency ratio - is measured at 1.7. The analysts estimated sales for the higher end at 6105 million and lower end at 5521.16 million while the year ago reported sale was 0 million. Shares for $637,639 were sold by Murphy John Francis on Wednesday, December 7. (NASDAQ:QCOM). Palladium Partners Limited Company has 11,391 shares. ABERLE DEREK K sold $763,218 worth of stock or 11,621 shares. LIVERMORE ANN M bought $491,286 worth of QUALCOMM, Inc. QUALCOMM also was the recipient of some unusual options trading on Monday. Following the sale, the executive vice president now directly owns 76,246 shares in the company, valued at $4,005,202.38.

Other large investors have also made changes to their positions in the company. S & T Bancorp Inc (NASDAQ:STBA) was reduced too. Of that group, no analysts rated QUALCOMM Incorporated as a Moderate Buy, 8 analysts rated it as a Hold, and no analysts rated it as a Strong Sell. Therefore 100% are positive. Winch Advisory Svcs Limited Liability Company reported 0% of its portfolio in QUALCOMM, Inc. The firm has "Hold" rating given on Tuesday, December 20 by Deutsche Bank. Vetr upgraded shares of QUALCOMM from a "buy" rating to a "strong-buy" rating and set a $73.44 price target for the company in a research report on Monday, January 2nd. The firm has "Accumulate" rating given on Tuesday, January 3 by Standpoint Research. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, July 21. M&T Comml Bank holds 0% of its portfolio in Oaktree Capital Group LLC (NYSE:OAK) for 17,242 shares. The stock has "Outperform" rating by Macquarie Research on Monday, October 19. As per Thursday, November 19, the company rating was maintained by Stifel Nicolaus.

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