Analysts See $0.77 EPS for QUALCOMM Incorporated (QCOM)

January 23, 2018 - By Marguerite Chambers

 Analysts See $0.77 EPS for QUALCOMM Incorporated (QCOM)
Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It dropped, as 83 investors sold QUALCOMM Incorporated shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported.
Franklin Street Advsr Nc reported 11,547 shares stake. Jane Street Gp Ltd Liability Corporation owns 1.16M shares or 0.19% of their US portfolio. New York State Teachers Retirement holds 0.31% or 2.42M shares in its portfolio. Carret Asset Management Ltd Liability has 0.53% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 63,000 shares. Boys Arnold And Company Inc has invested 0.22% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Illinois-based Oakbrook Invests Lc has invested 1.13% in QUALCOMM Incorporated (NASDAQ:QCOM). Amer Intl Gru owns 0.13% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 696,586 shares. 34,369 are owned by Moors & Cabot. Linscomb Williams Inc holds 0.27% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 60,002 shares. 293,750 are held by Skba Mgmt Ltd Co. State Treasurer State Of Michigan owns 448,371 shares or 0.19% of their US portfolio. Crestpoint Mngmt invested 0.28% in QUALCOMM Incorporated (NASDAQ:QCOM). First Corp In holds 0.04% or 1,320 shares in its portfolio. Moreover, Dnb Asset Management As has 0.13% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Blackrock reported 0.29% in QUALCOMM Incorporated (NASDAQ:QCOM).

Since August 20, 2017, it had 0 insider buys, and 5 insider sales for $3.11 million activity. The insider GROB MATTHEW S sold $2.81 million. 4,740 shares were sold by STERLING MICHELLE M, worth $245,919.

Analysts expect QUALCOMM Incorporated (NASDAQ:QCOM) to report $0.77 EPS on January, 24.They anticipate $0.29 EPS change or 27.36 % from last quarter’s $1.06 EPS. QCOM’s profit would be $1.14 billion giving it 22.30 P/E if the $0.77 EPS is correct. After having $0.82 EPS previously, QUALCOMM Incorporated’s analysts see -6.10 % EPS growth. The stock increased 0.93% or $0.63 during the last trading session, reaching $68.67. About 8.57 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 23, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 126 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, June 28 by Stifel Nicolaus. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, November 13 with “Buy” rating. The firm earned “Hold” rating on Wednesday, November 1 by BMO Capital Markets. The rating was upgraded by Susquehanna to “Positive” on Wednesday, January 13. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, November 2 by Northland Capital. The company was maintained on Tuesday, October 31 by Mizuho. RBC Capital Markets maintained the shares of QCOM in report on Friday, September 29 with “Hold” rating. JP Morgan upgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, May 22 to “Overweight” rating. As per Wednesday, December 21, the company rating was initiated by Citigroup. The firm has “Hold” rating given on Thursday, July 20 by Deutsche Bank.

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 market cap of $101.23 billion. The firm operates through three divisions: Qualcomm CDMA Technologies ; Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). It has a 41.62 P/E ratio. 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.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Investorplace.com which released: “Qualcomm, Inc. Stock Has Fallen into a Lose-Lose Situation” on January 12, 2018, also Seekingalpha.com with their article: “Qualcomm Stock To Benefit From Multiple Positive Catalysts Going Forward” published on January 17, 2018, Fool.com published: “Here’s Where Things Went Wrong for Qualcomm Inc. in 2017” on January 05, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Investorplace.com and their article: “Here’s Why You Should Stick With Qualcomm, Inc. Stock” published on January 17, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm: Context Is Everything” with publication date: January 18, 2018.

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