Shares of Large-cap technology company QUALCOMM moved 1.3% this afternoon, and are now trading at $114.72 per share. The average analyst target price for the stock is $142.66.
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company currently returns an annual dividend yield of 2.7% and has moved -11.0% over the last year.
Based on its trailing earning per share of 7.63, QUALCOMM has a trailing 12 month Price to Earnings (P/E) ratio of 15.0 QCOM has a forward P/E ratio of 12.6.
The company has a price to earnings growth (PEG) ratio of -1.18. A number between 0 and 1 could mean that the market is undervaluing QUALCOMM's estimated growth potential
Wider Gross Margins Than the Industry Average of 40.03%
| 2017-11-01 | 2018-11-07 | 2019-11-06 | 2020-11-04 | 2021-11-03 | 2022-11-02 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $22,291 | $22,611 | $24,273 | $23,531 | $33,566 | $44,200 |
| Gross Margins | 56.0% | 55.0% | 65.0% | 61.0% | 57.0% | 57.0% |
| Operating Margins | 12% | 3% | 32% | 27% | 28% | 36% |
| Net Margins | 11.0% | -22.0% | 18.0% | 22.0% | 27.0% | 28.0% |
| Net Income (MM) | $2,466 | -$4,964 | $4,386 | $5,198 | $9,043 | $12,936 |
| Net Interest Expense (MM) | -$494 | -$768 | -$627 | -$602 | -$559 | -$490 |
| Depreciation & Amort. (MM) | -$1,461 | -$1,561 | -$1,401 | -$1,393 | -$1,582 | -$1,762 |
| Earnings Per Share | $1.66 | -$3.39 | $3.6 | $4.52 | $7.87 | $11.38 |
| EPS Growth | n/a | -304.22% | 206.19% | 25.56% | 74.12% | 44.6% |
| Diluted Shares (MM) | 1,490 | 1,463 | 1,220 | 1,149 | 1,149 | 1,137 |
| Free Cash Flow (MM) | $5,668 | $4,692 | $8,173 | $7,221 | $12,424 | $11,358 |
| Capital Expenditures (MM) | -$667 | -$784 | -$887 | -$1,407 | -$1,888 | -$2,262 |
| Net Current Assets (MM) | $8,853 | -$14,527 | -$11,283 | -$10,998 | -$11,215 | -$10,277 |
| Long Term Debt (MM) | $19,398 | $15,365 | $13,437 | $15,226 | $13,701 | $13,537 |
| Net Debt / EBITDA | -3.78 | 1.96 | 0.41 | 0.59 | 0.29 | 0.52 |
QUALCOMM has exceptional EPS growth and low leverage. Additionally, the company's financial statements display wider gross margins than its peer group and decent operating margins with a positive growth rate. Furthermore, QUALCOMM has weak revenue growth and a flat capital expenditure trend, irregular cash flows, and a decent current ratio.
