Followers | 679 |
Posts | 141164 |
Boards Moderated | 36 |
Alias Born | 03/10/2004 |
Monday, February 28, 2022 3:44:53 PM
By: Schaeffer's Investment Research | February 28, 2022
• Why QCOM is a solid pick for passive investors
• QCOM sports a 25.2% year-over-year lead
Qualcomm, Inc. (NASDAQ:QCOM) is down 1.1% to trade at $169.09 this afternoon. The semiconductor concern has struggled with a ceiling at the $176 level over the last couple of weeks, while the 120-day moving average is still acting as an area of support. Earlier this year, the equity hit a Jan. 5, record high of $193.58, which has contributed to its 25.2% year-over-year lead.
The brokerage bunch is bullish towards the security. Of the 18 analysts in coverage, 11 call QCOM a "buy" or better. Plus, the 12-month consensus target price of $219.63 is a 29.1% premium to current levels.
At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), Qualcomm stock sports a 10-day put/call ratio of 0.47 that sits higher than 81% of readings from the last year. So, while calls outnumbered puts on an overall basis, the latter are getting picked up at a quicker-than-usual clip.
QCOM has generated strong top- and bottom-line growth over multiple years. The chipmaker has increased its trailing 12-month revenues 7% since 2021, and 59% since 2018. Qualcomm's trailing 12-month net income has also added 10% since 2021. Plus, the firm is expected to grow its earnings by 6.2% and revenues by 7.6% in the current fiscal year.
Qualcomm stock’s valuation is very intriguing, given it is trading at a forward price-earnings ratio of 14.73, and a price-sales ratio of 5.43, despite a massive market cap of $192.6 billion. The equity also offers a forward dividend of $2.72, with a dividend yield of 1.59%, making it a great option for passive investors looking for consistent long-term growth.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent QCOM News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/09/2024 08:38:03 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/09/2024 07:58:26 PM
- Bain Capital in Talks to Acquire PowerSchool; Blackstone Emerges Victorious in Hipgnosis Bidding War, and More News • IH Market News • 05/09/2024 11:53:19 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 11:35:48 AM
- Meta Platforms Expands AI Ads, Apple Boosts iPhone Shipments, and More Highlights • IH Market News • 05/08/2024 12:27:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 08:24:33 PM
- Qualcomm Gewinnmitteilung auf der Investor Relations Website des Unternehmens verfügbar • Business Wire • 05/02/2024 10:15:00 PM
- Le communiqué de presse de Qualcomm est disponible sur le site Web des relations avec les investisseurs de l'entreprise • Business Wire • 05/02/2024 10:15:00 PM
- Carvana Rockets, Qualcomm Likely To Be Strong; DoorDash and Etsy Under Pressure • IH Market News • 05/02/2024 01:11:25 PM
- Qualcomm Earnings Release Available on Company’s Investor Relations Website • Business Wire • 05/01/2024 08:00:00 PM
- Qualcomm annonce la date de publication de ses résultats du deuxième trimestre de l’exercice 2024 et l’organisation d’une conférence téléphonique • Business Wire • 04/19/2024 04:17:00 PM
- Qualcomm gibt Zeitplan für Veröffentlichung der Ergebnisse des zweiten Quartals 2024 und Telefonkonferenz bekannt • Business Wire • 04/19/2024 03:37:00 PM
- Qualcomm Schedules Second Quarter Fiscal 2024 Earnings Release and Conference Call • Business Wire • 04/19/2024 01:00:00 PM
- Qualcomm annonce un dividende trimestriel en espèces • Business Wire • 04/17/2024 08:34:00 PM
- Qualcomm gibt Quartalsbardividende bekannt • Business Wire • 04/17/2024 08:30:00 PM
- Qualcomm Announces Quarterly Cash Dividend • Business Wire • 04/17/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:10:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:09:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:09:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:08:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:08:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:08:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 08:54:07 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 03/11/2024 08:42:10 PM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 03/11/2024 08:08:21 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM