Company Update: Qualcomm Incorporated (NASDAQ:QCOM) – Has Qualcomm Become a Value Stock? (QCOM)

[at Investopedia] – Assuming QCOM was priced on par with the S&P 500, the stock would be valued today at around $67, or 30% higher than current levels. Read more on this. QUALCOMM Incorporated (QCOM) , with a current market cap of $77.93B, started the session at $51.96. Today, shares have traded between $51.83 and $52.20 per share and has traded between $42.24 and $71.90 over the past year. QCOM shares are currently priced at 12.73x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 20.28x earnings multiple. The company pays shareholders $2.12 per share in dividend income per year, for a current yield of 4.11%. According to a consensus of 25 analysts, the earnings estimate of $0.96 per share would be $0.44 worse than the year-ago quarter and a $0.06 sequential decrease. The full-year EPS estimate is $4.10, which would be a $0.56 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.33 Billion. If realized, that would be a 22.64% decrease over the year-ago quarter. In terms of ratings, Bernstein upgraded QCOM from Mkt Perform to Outperform (Feb 16, 2016). Previously, Susquehanna upgraded QCOM from Neutral to Positive. When considering if the stock is under or overvalued, the average price target is $57.03, which is 9.76% above where the stock opened this morning. See more in (NASDAQ:QCOM) Similar Articles: Market Update: Qualcomm Incorporated (NASDAQ:QCOM) – Here’s Why Qualcomm (QCOM) Stock is Down Today Company Update: Qualcomm Incorporated (NASDAQ:QCOM) – Is Qualcomm Finally A Buy After 18 Months Of Negativity? Stock Update: Qualcomm Incorporated (NASDAQ:QCOM) – GSK said to be in talks with Qualcomm to form JV – Bloomberg