Qualcomm, Inc (QCOM) concluded trading on Tuesday at a closing price of $153.62, with 4.41 million shares of worth about $677.78 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.25% during that period and on December 31, 2024 the price saw a loss of about -0.62%. Currently the company’s common shares owned by public are about 1.11B shares, out of which, 1.11B shares are available for trading.
Stock saw a price change of -2.92% in past 5 days and over the past one month there was a price change of -3.10%. Year-to-date (YTD), QCOM shares are showing a performance of 6.22% which increased to 6.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $134.94 but also hit the highest price of $230.63 during that period. The average intraday trading volume for Qualcomm, Inc shares is 8.05 million. The stock is currently trading -2.57% below its 20-day simple moving average (SMA20), while that difference is down -5.15% for SMA50 and it goes to -12.69% lower than SMA200.
Qualcomm, Inc (NASDAQ: QCOM) currently have 1.11B outstanding shares and institutions hold larger chunk of about 77.21% of that.
The stock has a current market capitalization of $169.61B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 17.11, while it has posted earnings per share of $8.98 in the same period. Its PEG reads 3.60 and has Quick Ratio of 1.72 while making debt-to-equity ratio of 0.59. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QCOM, volatility over the week remained 1.45% while standing at 2.48% over the month.
Stock’s fiscal year EPS is expected to rise by 9.79% while it is estimated to increase by 9.49% in next year. EPS is likely to shrink at an annualized rate of 4.75% for next 5-years, compared to annual growth of 20.08% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Melius on December 09, 2024 offering a Hold rating for the stock and assigned a target price of $180 to it. Coverage by Loop Capital stated Qualcomm, Inc (QCOM) stock as a Hold in their note to investors on November 12, 2024, suggesting a price target of $180 for the stock. Stock get a Peer perform rating from Wolfe Research on August 12, 2024.
