On July, 18 QUALCOMM Incorporated (QCOM) Analysts See $0.58 EPS

June 27, 2018 - By Maria Robertson

QUALCOMM Incorporated (NASDAQ:QCOM) Corporate Logo
Big Money Sentiment decreased to 0.78 in 2018 Q1. It has change of 0.05, from 2017Q4’s 0.83. The ratio is negative due to QUALCOMM Incorporated positioning: 104 sold and 500 reduced. 100 funds acquired holdings and 370 increased holdings. Investors holded 1.11 billion in 2017Q4 but now own 1.11 billion shares or 0.11% less.
Factory Mutual stated it has 0.71% in QUALCOMM Incorporated (NASDAQ:QCOM). Trustmark National Bank Trust Department owns 47,310 shs. Bangor Bankshares stated it has 0.33% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM). The Illinois-based Lsv Asset Mgmt has invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Texas-based Adell Harriman And Carpenter has invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Advisor Prns Ltd Limited Liability Company holds 22,052 shs or 0.23% of its capital. Moreover, Howard Mgmt has 0.11% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Farmers Tru Co reported 4,619 shs. Bailard accumulated 17,307 shs or 0.06% of the stock. Stearns Services invested in 8,214 shs. 2,061 are held by Gemmer Asset Mngmt Ltd Llc. 400 were accumulated by Advisors Ltd Limited Liability. Motco stated it has 0.01% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM). Epoch reported 2.59M shs. Salem Invest Counselors accumulated 121,049 shs.

QUALCOMM Incorporated registered $7.68 million net activity with 0 insider buys and 9 sales since January 9, 2018. THOMPSON JAMES H had sold 50,126 shs worth $3.14 million on Friday, March 9. GROB MATTHEW S sold $2.81M worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, January 9. On Tuesday, May 8 $618,603 worth of stock was sold by Rosenberg Donald J. AMON CRISTIANO R sold $852,989 worth of stock.

On July, 18 WallStreet anticipated QUALCOMM Incorporated (NASDAQ:QCOM)’s earnings report, according to Zacks. Last year’s EPS was $0.7, while now analysts expect change of 17.14 % down from current $0.58 EPS. In case of $0.58 EPS QCOM’s profit could hit $859.92M. After $0.67 EPS was revealed previous quarter, analysts now see negative EPS growth of -13.43 % for QUALCOMM Incorporated. Ticker’s shares touched $56.565 during the last trading session after 0.20% change.QUALCOMM Incorporated has volume of 3.40 million shares. Since June 27, 2017 QCOM has risen 2.58% and is uptrending. The stock underperformed the S&P 500 by 9.99%.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

A total of 17 analysts rate Qualcomm (NASDAQ:QCOM) as follows: 8 “Buy”, 8 “Hold” and 1 “Sell”. Тherefore 47% are bullish. (NASDAQ:QCOM) has 35 ratings reports on Jun 27, 2018 according to StockzIntelligence. In Wednesday, May 16 report Canaccord Genuity maintained it with “Buy” rating and $7500 target. On Thursday, February 1 the rating was maintained by KeyBanc Capital Markets with “Overweight”. In Wednesday, April 25 report BMO Capital Markets maintained it with “Hold” rating and $5500 target. On Friday, April 13 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by RBC Capital Markets. On Wednesday, March 7 the firm earned “Hold” rating by Stifel Nicolaus. On Friday, May 18 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given by RBC Capital Markets. On Thursday, May 10 RBC Capital Markets maintained the shares of QCOM in report with “Buy” rating. On Thursday, April 26 Citigroup maintained the shares of QCOM in report with “Hold” rating. On Tuesday, February 13 Charter Equity maintained the shares of QCOM in report with “Hold” rating. On Monday, March 26 the rating was maintained by Susquehanna with “Buy”.

QUALCOMM Incorporated develops, designs, makes, and markets digital communications services and products in China, South Korea, Taiwan, the United States, and internationally.The company has $83.86 billion market cap. The firm operates through three divisions: Qualcomm CDMA Technologies ; Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).Currently it has negative earnings. The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products.

For more QUALCOMM Incorporated (NASDAQ:QCOM) news announced recently go to: Nasdaq.com, Finance.Yahoo.com, Nasdaq.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “Qualcomm, Inc. to Tap TSMC for 7-Nano Chip Production” announced on June 25, 2018, “Details of Qualcomm’s Snapdragon 1000 Chip for Windows 10 Laptops Leak” on June 27, 2018, “Friday Apple Rumors: 6.1-inch iPhone Render Leaks” with a publish date: June 22, 2018, “Major Semiconductors Scare Off Short Sellers” and the last “Qualcomm: China Boost” with publication date: May 29, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Investors Chart

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