Followers | 686 |
Posts | 142406 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
![](https://investorshub.advfn.com/uicon/35728.png?cb=1539773763)
Monday, November 14, 2022 4:38:25 PM
By: Barchart | November 14, 2022
Qualcomm (QCOM) reported positive free cash flow and made large return of capital payments to shareholders in the year ending Sept. 25. Its high total yield, composed of buybacks and dividends, in Q4 represented almost 3.92% of its total market value on an annualized basis. That bodes well for QCOM stock going forward.
The mobile telecom chip company reported that it made $841 million in dividend payments as well as $500 million in share buybacks or $1.341 billion during its fiscal Q4. On an annualized basis that works out to 3.94% of its $136 billion market value.
In fact, in the last year alone the company has made $6.34 billion in total shareholder return payments, representing 4.66% of its $136 billion market cap.
![](http://barchart-news-media-prod.aws.barchart.com/EXCLSV/05bc27657e5e43358aa9009590486fb8/6xaz3v8ej4sjiiyo.png)
Qualcomm - Total Returns to Shareholders - Page 2 of Q4 earnings release on Nov. 2
The quarterly dividend of 75 cents per share works out to a dividend yield of 2.45% (i.e., $3.00/$122.51 per share). In addition, the $500 million in buybacks represents a buyback yield of 1.47% (i.e. $2.0 billion/$136 billion). That is why the total yield to shareholders.
Valuation Is Cheap
QCOM stock is now at bargain levels, given that analysts project that earnings will rise 21% next year from $10.23 to $12.40 per share. So, at $122.51 per share today the stock trades for just 9.8x times the projected earnings next year.
This makes the stock a bargain going forward, with its 3.9% total yield as well. For example, its average forward P/E (price-to-earnings) multiple over the past 5 years has been over 17.8x. That represents a potential upside of 81% in the stock. Even if it were to recover half of that the stock could move to $171 per share, up from $122.51 today).
We can use that to set a strike target in options trading...
* * *
Read Full Story »»»
![](http://studentaid.gov/universal-navigation/assets/us_flag_small.png)
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
- U.S. Index Futures Mixed Following Tech Sell-Off, WTI and Brent Crude Dip Slightly • IH Market News • 06/25/2024 10:37:15 AM
- Trump Media Resells Stocks and Warrants; KB Home Exceeds Q2 Expectations, and More News • IH Market News • 06/20/2024 10:55:11 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:07:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:07:25 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 09:27:46 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 08:14:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 09:38:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/22/2024 09:19:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 11:34:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 08:22:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 04:03:50 PM
- CalPERS to Oppose Exxon Mobil Directors; Microsoft Unveils Copilot+ PCs with AI Focus, and More News • IH Market News • 05/21/2024 11:18:35 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 08:04:13 PM
- OpenAI’s Reddit Partnership Boosts Shares by 14%, Microsoft Embraces AMD Chips for AI, and More News • IH Market News • 05/17/2024 11:36:28 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 09:19:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:53:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 08:29:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 08:29:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/10/2024 05:28:50 PM
- 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
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM