Qualcomm, Inc. (NASDAQ:QCOM)’s traded shares stood at 5.49 million during the last session, with the company’s beta value hitting 1.28. At the close of trading, the stock’s price was $170.27, to imply an increase of 1.29% or $2.17 in intraday trading. The QCOM share’s 52-week high remains $230.63, putting it -35.45% down since that peak but still an impressive 38.73% since price per share fell to its 52-week low of $104.33. The company has a valuation of $189.68B, with an average of 7.5 million shares in intraday trading volume over the past 10 days and average of 8.65 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Qualcomm, Inc. (QCOM), translating to a mean rating of 2.08. Of 25 analyst(s) looking at the stock, 1 analyst(s) give QCOM a Sell rating. 0 of those analysts rate the stock as Overweight while 8 advise Hold as 16 recommend it as a Buy.
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Qualcomm, Inc. (NASDAQ:QCOM) trade information
After registering a 1.29% upside in the last session, Qualcomm, Inc. (QCOM) has traded red over the past five days. The 5-day price performance for the stock is -0.38%, and -1.38% over 30 days. With these gigs, the year-to-date price performance is 17.73%. Short interest in Qualcomm, Inc. (NASDAQ:QCOM) saw shorts transact 25.68 million shares and set a 2.94 days time to cover.
The extremes give us $135 and $270 for target low and target high price respectively. As such, QCOM has been trading -58.57% off suggested target high and 20.71% from its likely low.
Qualcomm, Inc. (QCOM) estimates and forecasts
Looking at statistics comparing Qualcomm, Inc. share performance against respective industry, we note that the company has outperformed competitors. Qualcomm, Inc. (QCOM) shares are 2.78% up over the last 6 months, with its year-to-date growth rate higher than industry average at 19.57% against 4.70%.
QCOM Dividends
Qualcomm, Inc. has its next earnings report out on 2024-Oct-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Qualcomm, Inc. has a forward dividend ratio of 3.30, with the share yield ticking at 1.94% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.22%.
Qualcomm, Inc. (NASDAQ:QCOM)’s Major holders
Qualcomm, Inc. insiders hold 0.09% of total outstanding shares, with institutional holders owning 80.79% of the shares at 80.86% float percentage. In total, 80.79% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 112.07 million shares (or 10.0332% of shares), all amounting to roughly $22.32 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 95.88 million shares, or about 8.5836% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $19.1 billion.
