On July, 18 QUALCOMM Incorporated (QCOM) EPS Estimated At $0.58

June 27, 2018 - By Nell Hawkins

QUALCOMM Incorporated (NASDAQ:QCOM) Corporate Logo
Big Money Sentiment decreased to 0.78 in 2018 Q1. It has change of 0.05, from 2017Q4’s 0.83. The ratio is negative due to QUALCOMM Incorporated positioning: 104 sold and 500 reduced. 100 funds took positions and 370 increased positions. Investors holded 1.11 billion in 2017Q4 but now own 1.11 billion shares or 0.11% less.
Tanaka Capital invested 5.38% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM). Artisan Prns Limited Partnership reported 11.01 million shs. Peak6 Invests Ltd Partnership holds 0.09% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM) for 370,581 shs. Farmers & Merchants Invs Incorporated has 0.64% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 154,014 shs. Kanawha Mngmt Limited Co, Virginia-based fund reported 61,570 shs. 6,550 are owned by Torch Wealth Management. Duff & Phelps Invest reported 15,785 shs. Gemmer Asset Management Llc, a California-based fund reported 2,061 shs. Parus Finance (Uk) Limited reported 1.37% stake. Com Commercial Bank holds 0.04% or 53,413 shs in its capital. Berkshire Asset Management Limited Liability Pa holds 1.23% in QUALCOMM Incorporated (NASDAQ:QCOM) or 229,456 shs. Plancorp Lc holds 0.11% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM) for 6,231 shs. State Of Alaska Department Of Revenue reported 0.4% stake. Rmsincerbeaux Capital Management Limited Co owns 61,350 shs. Cohen And Steers Inc has 212,035 shs.

QUALCOMM Incorporated had 9 selling transactions and 0 buys since January 9, 2018. This’s net activity of $7.68 million. Shares for $2.81 million were sold by GROB MATTHEW S. 11,670 QUALCOMM Incorporated (NASDAQ:QCOM) shs with value of $618,603 were sold by Rosenberg Donald J. 50,126 shs were sold by THOMPSON JAMES H, worth $3.14 million on Friday, March 9. AMON CRISTIANO R sold 16,082 shs worth $852,989.

On July, 18. Investors expect QUALCOMM Incorporated (NASDAQ:QCOM) to publish its quarterly earnings, according to Zacks. The EPS diference is $0.12 or 17.14 % down from last years number. Previous year: $0.7; Analysts forcast: $0.58. In case of $0.58 EPS QCOM’s profit could hit $859.92M. Wall Street now forecasts -13.43 % negative EPS growth despite QUALCOMM Incorporated last quarter’s EPS of $0.67. The stock increased 0.20% or $0.115 during the last trading session, hitting $56.565.Currently QUALCOMM Incorporated is uptrending after 2.58% change in last June 27, 2017. QCOM has 3.40M shares volume. QCOM underperformed by 9.99% the S&P500.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

In total 17 analysts cover Qualcomm (NASDAQ:QCOM). “Buy” rating has 8, “Sell” are 1, while 8 are “Hold”. 47% are bullish. 35 are the (NASDAQ:QCOM)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. The stock rating was maintained by RBC Capital Markets with “Buy” on Thursday, May 10. On Thursday, February 1 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Overweight” rating given by KeyBanc Capital Markets. On Thursday, April 26 the firm earned “Hold” rating by Stifel Nicolaus. On Tuesday, January 16 the rating was maintained by Canaccord Genuity with “Buy”. In Wednesday, April 18 report Mizuho maintained the stock with “Buy” rating. On Thursday, April 26 Susquehanna maintained QUALCOMM Incorporated (NASDAQ:QCOM) with “Buy” rating. On Monday, March 26 Susquehanna maintained the shares of QCOM in report with “Buy” rating. On Wednesday, April 25 the stock has “Hold” rating by BMO Capital Markets. On Tuesday, January 16 the firm has “Buy” rating given by Nomura. On Friday, May 18 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by RBC Capital Markets.

QUALCOMM Incorporated develops, designs, makes, and markets digital communications services and products in China, South Korea, Taiwan, the United States, and internationally.The firm is valued at $83.86 billion. The firm operates through three divisions: Qualcomm CDMA Technologies ; Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).Last it reported 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.

For more QUALCOMM Incorporated (NASDAQ:QCOM) news published recently go to: Fool.com, Benzinga.com, Fool.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Why Qualcomm’s New Snapdragon 850 Is Destined to Fail” published on June 17, 2018, “Investors ‘Wait With Baited Breath’ Following Conflicting Reports On Qualcomm-NXP Deal” on June 15, 2018, “Pay Attention to Qualcomm’s Augmented and Virtual Reality Efforts” with a publish date: June 26, 2018, “Qualcomm, Inc. to Tap TSMC for 7-Nano Chip Production” and the last “Qualcomm: China Boost” with publication date: May 29, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Investors Chart

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