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Saturday, December 9, 2023

The Question Is Whether To Buy Or Not To Buy Qualcomm, Inc. (NASDAQ: QCOM)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Qualcomm, Inc. (QCOM) shows that investor sentiment remained same, with the stock’s consolidated last price to $123.85. The Qualcomm, Inc. has recorded 587,709 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Qualcomm Earnings Release Available on Company’s Investor Relations Website.

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Stocks Info

Qualcomm, Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductors industry. At the end of the last regular session, the stock closed at $123.85 and fluctuated between $124.55 as its day high and $122.63 as its day low. The current market capitalization of Qualcomm, Inc. is $137.85B. A total of 7.96 million shares were traded on the day, compared to an average of 7.83M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, QCOM has seen 11 BUY and 9 SELL insider trades, representing the acquisition of 76,153 and the disposition of 70,761 shares. Over the last 12 months, there were 50 BUYs and 42 SELLs from insiders. Insiders purchased 615,663 shares during that period but sold 487,626.

In the most recent transaction, CATHEY JAMES J sold 1,000 shares of QCOM for 124.00 per share on Nov 13. After the transaction, the Chief Commercial Officer now owns 3,745 company shares. In a previous transaction on Nov 09, THOMPSON JAMES H sold 10,000 shares at 120.11 per share. QCOM shares that Chief Technology Officer owns now total 243,795.

Among the insiders who sold shares, CATHEY JAMES J disposed of 1,000 shares on Oct 11 at a per-share price of $112.28. This resulted in the Chief Commercial Officer holding 4,745 shares of QCOM after the transaction. In another insider transaction, ROGERS ALEXANDER H sold 6,001 shares at $110.40 per share on Oct 02. Company shares held by the President QTL & Global Affairs now total 25,229.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Qualcomm, Inc. pays an annual dividend of $3.25, resulting in a dividend yield of 2.63%, and it has a price to earnings (P/E) ratio of 19.29. QCOM’s most recent ex-dividend date was 11/29/2023 when it declared a $0.80 quarterly dividend that was paid in cash on 12/14/2023. Previously, the company paid the dividend on 9/21/2023 with an ex-dividend date of 8/30/2023. The QCOM stock dividend was $0.80 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for QCOM in the last 3 months, the mean price target is $138.72 with high estimates of $167.70 and low estimates of $100.00. In terms of 52-week highs and lows, QCOM has a high of $139.94 and a low of $101.47.

As of this writing, QCOM has an earnings estimate of $2.35 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $2.42 per share and a lower estimate of $2.33. The company reported an EPS of $1.87 in the last quarter, which was 3.30% higher than expectations of $1.81.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. QCOM’s latest balance sheet shows that the firm has $12.41B in Cash & Short Term Investments as of fiscal 2021. There were $15.74B in debt and $11.95B in liabilities at the time. Its Book Value Per Share was $19.37, while its Total Shareholder’s Equity was $9.95B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QCOM is Buy with a score of 4.26.

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