Market Update (NASDAQ:QCOM): UPCOMING DEADLINE ALERT: Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Qualcomm Incorporated to Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit – QCOM

[GlobeNewswire] – STEVENSON, Md., Jan. 25, 2016– The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court … Read more on this. QUALCOMM Incorporated (QCOM) , with a current value of $71.12B, opened at $48.03. A quick look at the market, the company’s stock traded between $47.52 and $48.39 with its 52-week range being $44.39 to $74.09. Qualcomm (QCOM) shares are currently priced at 11.47x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 11.27x earnings multiple for the same period. The company pays shareholders $1.92 per share in dividend income per year, for a current yield of 3.99%. Consensus earnings for the current quarter by the 30 sell-side analysts covering the stock is an estimate of $0.90 per share, which would be $0.44 worse than the year-ago quarter and a $0.19 sequential decrease. The full-year EPS estimate is $4.19 which would be a $0.47 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $5.69 Billion. If reported, that would be a 19.86% decrease over the year-ago quarter. In terms of ratings, Susquehanna upgraded QCOM from Neutral to Positive (Jan 13, 2016). Previously, JP Morgan upgraded QCOM from Neutral to Overweight. The average price target for QCOM shares by the analysts covering the stock is $61.83, which is 28.73% above where the stock opened this morning. See more in (NASDAQ:QCOM) Similar Articles: Company Update (NASDAQ:QCOM): INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Qualcomm Incorporated of Class Action Lawsuit and a Lead Plaintiff Deadline of January 29, 2016 – QCOM Market Update (NYSE:AXP): UPCOMING DEADLINE ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In American Express Company To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit Stock Update: Whole Foods Market Inc (NASDAQ:WFM) – SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Whole Foods Market, Inc. to Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit — WFM