QUALCOMM Incorporated (QCOM) EPS Estimated At $0.69

October 14, 2018 - By Linda Rogers

QUALCOMM Incorporated (NASDAQ:QCOM) LogoInvestors sentiment increased to 0.94 in Q2 2018. Its up 0.16, from 0.78 in 2018Q1. It increased, as 71 investors sold QUALCOMM Incorporated shares while 446 reduced holdings. 110 funds opened positions while 376 raised stakes. 1.10 billion shares or 0.53% less from 1.11 billion shares in 2018Q1 were reported.
Johnson Investment Counsel has invested 0.03% in QUALCOMM Incorporated (NASDAQ:QCOM). Barrett Asset Mngmt Lc reported 1,165 shares. Reilly Fin Advisors Ltd Liability invested in 0.1% or 12,483 shares. Fmr Lc holds 0.41% or 62.45 million shares in its portfolio. Mastrapasqua Asset Management holds 0.18% or 15,770 shares in its portfolio. Catalyst Capital Ltd Liability Corporation has 0.02% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Pennsylvania-based Glenmede Trust Na has invested 0.21% in QUALCOMM Incorporated (NASDAQ:QCOM). Sterling Cap Management Ltd Liability Com has 884,201 shares. Tctc Hldgs Ltd Liability Corporation owns 173,486 shares. Van Strum And Towne reported 11,952 shares or 0.46% of all its holdings. Meristem Ltd Liability Partnership reported 0.13% in QUALCOMM Incorporated (NASDAQ:QCOM). Northstar Asset Mgmt Limited Liability accumulated 34,107 shares or 0.79% of the stock. Jane Street Grp Ltd Limited Liability Company invested in 0.06% or 438,902 shares. St Germain D J Com has 2.46% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Fil owns 6.43M shares.

Since April 27, 2018, it had 0 insider buys, and 6 selling transactions for $1.70 million activity. $618,603 worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares were sold by Rosenberg Donald J. Shares for $852,989 were sold by AMON CRISTIANO R on Tuesday, May 8.

Analysts expect QUALCOMM Incorporated (NASDAQ:QCOM) to report $0.69 EPS on November, 7.They anticipate $0.13 EPS change or 15.85 % from last quarter’s $0.82 EPS. QCOM’s profit would be $1.01B giving it 23.29 P/E if the $0.69 EPS is correct. After having $0.91 EPS previously, QUALCOMM Incorporated’s analysts see -24.18 % EPS growth. It closed at $64.29 lastly. It is up 40.96% since October 14, 2017 and is uptrending. It has outperformed by 25.34% the S&P500.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

Among 13 analysts covering Qualcomm Inc (NASDAQ:QCOM), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Qualcomm Inc had 25 analyst reports since April 18, 2018 according to SRatingsIntel. The company was maintained on Thursday, July 26 by Stifel Nicolaus. On Thursday, April 19 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Tuesday, September 25, the company rating was maintained by Canaccord Genuity. Canaccord Genuity maintained the shares of QCOM in report on Thursday, August 23 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, April 23. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Monday, August 20 by Rosenblatt. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Thursday, April 26 by Citigroup. The firm earned “Hold” rating on Thursday, April 26 by Stifel Nicolaus. On Thursday, May 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Neutral” rating by UBS on Thursday, April 26.

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 $94.45 billion. The firm operates through three divisions: Qualcomm CDMA Technologies ; Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). It currently has negative earnings. 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: Seekingalpha.com which released: “Is This High-Yield Tech Blue Chip A Value Trap? 6 Things Investors Need To Know” on October 11, 2018, also Fool.com with their article: “6 Reasons Qualcomm’s CEO Didn’t Deserve a Raise” published on September 27, 2018, Seekingalpha.com published: “Bloomberg: Qualcomm plans to give CEO a raise” on September 19, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Fool.com and their article: “Qualcomm’s Fingerprint Scanner Business May Have Scored a Significant Win” published on October 04, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm: The Sky Is The Limit As 5G Approaches” with publication date: September 26, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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