Fox Run Management LLC Takes $571000 Position in CME Group Inc (NASDAQ:CME)

Fox Run Management L.L.C. acquired a new position in CME Group Inc (NASDAQ:CME) during the 2nd quarter, according to the company in its most …

CME Group logoFox Run Management L.L.C. acquired a new position in CME Group Inc (NASDAQ:CME) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,940 shares of the financial services provider’s stock, valued at approximately $571,000.

Several other institutional investors have also modified their holdings of CME. Janus Henderson Group PLC grew its stake in shares of CME Group by 10.7% in the first quarter. Janus Henderson Group PLC now owns 6,229,661 shares of the financial services provider’s stock worth $1,025,278,000 after purchasing an additional 603,645 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of CME Group by 12.9% in the fourth quarter. Geode Capital Management LLC now owns 4,715,269 shares of the financial services provider’s stock worth $885,776,000 after purchasing an additional 537,917 shares during the last quarter. FMR LLC grew its stake in shares of CME Group by 5.7% in the first quarter. FMR LLC now owns 6,553,654 shares of the financial services provider’s stock worth $1,078,600,000 after purchasing an additional 355,566 shares during the last quarter. Bank of Montreal Can grew its stake in shares of CME Group by 59.5% in the first quarter. Bank of Montreal Can now owns 769,685 shares of the financial services provider’s stock worth $126,677,000 after purchasing an additional 287,236 shares during the last quarter. Finally, TD Asset Management Inc. grew its stake in shares of CME Group by 107.0% in the first quarter. TD Asset Management Inc. now owns 495,960 shares of the financial services provider’s stock worth $81,626,000 after purchasing an additional 256,397 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

CME stock opened at $212.25 on Tuesday. The firm has a fifty day moving average price of $203.15. CME Group Inc has a 12-month low of $161.05 and a 12-month high of $216.73. The firm has a market capitalization of $75.78 billion, a price-to-earnings ratio of 31.12, a price-to-earnings-growth ratio of 4.71 and a beta of 0.23. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

CME Group (NASDAQ:CME) last announced its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.01. CME Group had a net margin of 39.36% and a return on equity of 9.14%. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the business earned $1.74 earnings per share. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. Equities analysts anticipate that CME Group Inc will post 6.66 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th will be issued a dividend of $0.75 per share. The ex-dividend date is Monday, September 9th. This represents a $3.00 annualized dividend and a dividend yield of 1.41%. CME Group’s dividend payout ratio is currently 43.99%.

In other news, CEO Terrence A. Duffy sold 35,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $200.15, for a total transaction of $7,005,250.00. Following the transaction, the chief executive officer now owns 79,057 shares in the company, valued at $15,823,258.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth A. Cook sold 300 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $204.27, for a total transaction of $61,281.00. Following the transaction, the director now owns 20,821 shares in the company, valued at approximately $4,253,105.67. The disclosure for this sale can be found here. Insiders have sold 82,363 shares of company stock worth $16,429,225 in the last quarter. Company insiders own 1.20% of the company’s stock.

Several analysts recently weighed in on the stock. Deutsche Bank boosted their price objective on shares of CME Group from $224.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday. BidaskClub upgraded shares of CME Group from a “hold” rating to a “buy” rating in a report on Friday. Rosenblatt Securities lowered shares of CME Group from a “neutral” rating to a “sell” rating in a report on Thursday, April 18th. Wells Fargo & Co boosted their target price on shares of CME Group from $176.00 to $200.00 and gave the company a “market perform” rating in a report on Wednesday, July 3rd. Finally, ValuEngine upgraded shares of CME Group from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. CME Group has a consensus rating of “Hold” and a consensus price target of $194.00.

CME Group Company Profile

CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, as well as fixed income products.

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Institutional Ownership by Quarter for CME Group (NASDAQ:CME)

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Should Investors Adjust Their Holdings in Direct Line Insurance Group plc (LSE:DLG)? Target …

According to the latest data, Direct Line Insurance Group plc (LSE:DLG) has a current suggested portfolio ownership tally of 0.05590 (as a decimal) …

According to the latest data, Direct Line Insurance Group plc (LSE:DLG) has a current suggested portfolio ownership tally of 0.05590 (as a decimal) ownership. Target weight is the volatility adjusted recommended position size for a stock in your portfolio. The maximum target weight is 7% for any given stock. The indicator is derived from the 100 day volatility reading and calculates a target weight accordingly. The more recent volatility of a stock, the lower the target weight will be. The 3-month volatility stands at 15.610600 (decimal). This is the normal returns and standard deviation of the stock price over three months annualized. Looking further out, The 6-month volatility reading is 18.091400 and the 12 month is 17.242500.

Investors may be trying to figure out how long the stock market bull run will continue. There are plenty of commentators who think that a downturn is coming soon, but there are plenty who believe that the market still has plenty of room to push higher. Preparing the portfolio for any market scenario can help ease the investor’s mind. Putting in the time to research investments as well as global economic data might help keep focus clear when things get cloudy. Closing in on the end of the year, investors may be conducting year-end portfolio reviews. Figuring out what has worked and what adjustments can be made may help iron out the wrinkles heading into the next few quarters.

Direct Line Insurance Group plc (LSE:DLG) of the Nonlife Insurance sector closed the recent session at 2.966000 with a market value of $4921019.



Taking look at some key returns data we can note the following:

So how has Direct Line Insurance Group plc (LSE:DLG) performed in terms of returns? The ROIC quality score stands at 3.978292 whilet he actual return on invested capital holds at 0.108085. Direct Line Insurance Group plc’s book to market ratio is at 0.709581 while the book to market mean difference is 0.02979. This indicator tells you how a company is currently valued in terms of Book to Market compared to its average Book to Market over the past 10 years. It’s important to note that BM is the inverse of the Price to book ratio. Thus a high BM ratio means a company is undervalued. Direct Line Insurance Group plc (LSE:DLG) has seen free cash flow growth of 0.448435 and has a free cash flow score of 0.962324. Free Cash Flow Score (FCF Score) is a value that is calculated by combining Free cash flow growth with free cash flow stability. It thus gives you a combined indication of free cash flow quality.

Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.045638 for Direct Line Insurance Group plc (LSE:DLG). The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.

Traders may be scanning through the playbook while trying to come up with some new ideas. Technical analysts may be setting up the charts to help spot the next big trade. Because there are so many different angles to take when approaching the stock market, traders may want to start with a simpler system before diving into deeper waters. Figuring out the proper approach may take some added time and dedication.

In addition to Capex to PPE we can look at Cash Flow to Capex. This ration compares a stock’s operating cash flow to its capital expenditure and can identify if a firm can generate enough cash to meet investment needs. Investors are looking for a ratio greater than one, which indicates that the firm can meet that need. Comparing to other firms in the same industry is relevant for this ratio. Direct Line Insurance Group plc (LSE:DLG)’s Cash Flow to Capex stands at 57.264706.

Debt

In looking at some Debt ratios, Direct Line Insurance Group plc (LSE:DLG) has a debt to equity ratio of 0.16678 and a Free Cash Flow to Debt ratio of 1.594831. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at -1.15309. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. Direct Line Insurance Group plc’s ND to MV current stands at -0.162744. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.

Some investors may be struggling after adding the wrong stocks to the portfolio. Creating a specific plan for investing may help turn the ship around. The stock market is still producing plenty of green arrows, and investors need to be able to capitalize. It is quite reasonable to be optimistic about the investment environment heading into the second half of the year. The next couple of weeks may be the perfect time for investors to put the pedal down and try to develop a strategy that will beat the market over the next quarter. Most investors realize that there are no certainties when it comes to equity investing. It is never a guarantee that a stock or an index will go up or down from one day to the next. Investors who prepare themselves for any scenario should be in a much better place than those who don’t.

Near-Term Growth Drilldown

Now we’ll take a look at some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations. This number stands at 0.50551 for Direct Line Insurance Group plc (LSE:DLG). The one year Growth EBIT ratio stands at -0.08257 and is a calculation of one year growth in earnings before interest and taxes. The one year EBITDA growth number stands at -0.09043 which is calculated similarly to EBIT Growth with just the addition of amortization.

Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at 0.46199. The one year growth in Net Profit after Tax is 0.10999 and lastly sales growth was -0.04349.

50/200 Simple Moving Average Cross

Direct Line Insurance Group plc (LSE:DLG) has a 0.99640 50/200 day moving average cross value. Cross SMA 50/200 (SMA = Simple Moving Average) and is calculated as follows:

Cross SMA 50/200 = 50 day moving average / 200day moving average. If the Cross SMA 50/200 value is greater than 1, it tell us that the 50 day moving average is above the 200 day moving average (golden cross), indicating an upward moving share price.

On the other hand if the Cross SMA 50/200 value is less than 1, this shows that the 50 day moving average is below the 200 day moving average (a death cross), and tells us that share prices has fallen recently and may continue to do so.

Investors may be wondering how to tackle the markets at current levels. Many investors may feel like they have missed out on the markets getting to where they are today. It may be a case of missed trades or being too cautious, but a stellar forward thinking strategy may be just what is needed to get back on track. Studying various sectors may help provide some insight on where to go from here. Investors may become very familiar and comfortable with a certain sector, and they may be completely missing out on opportunities from other fast growing sectors. Investors may also need to take a long-term approach which may include creating a diversified portfolio that takes many different factors into consideration. With the enormous amount of uncertainty that follows the global investing world on a daily basis, it may be helpful for investors to be able to keep their emotions in check. Studying the hard data may prove to be very useful when trying to separate truth from fiction in the equity markets.

Is Broadcom Inc. (NasdaqGS:AVGO) Holding More Than 0.03470 of your Portfolio?

A recent look at ownership and volatility brings us to a 0.03470 target portfolio weight (as a decimal) for Broadcom Inc. (NasdaqGS:AVGO) Target …

A recent look at ownership and volatility brings us to a 0.03470 target portfolio weight (as a decimal) for Broadcom Inc. (NasdaqGS:AVGO) Target weight is the volatility adjusted recommended stock position size for a position in your portfolio. The maximum target weight is 7% for any given stock. The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly. If a stock has been more volatile of late, the lower the target weight will be. The 3-month volatility stands at 35.068100 (decimal). This is the normal returns and standard deviation of the stock price over three months annualized.

When it comes to equity investing, being too confident may be just as detrimental as not being confident enough. Many investors may think they are making all the right moves when the markets are riding high. This may be the case, but sometimes it might be good fortune. Finding confidence to make trades in down market environments may make the difference between a good portfolio and a great portfolio. It can also be quite easy to confuse skill with a long-term bull market. Many bad decisions may still get rewarded when the market keeps heading higher. On the other end of the spectrum, having too much self-doubt may leave an investor with way too many what ifs. Managing confidence in the markets may play a pivotal role when making tough investing decisions. Finding that perfect balance between the needed gusto and the correct amount of caution may help ease the burden moving forward in the equity market.

50/200 Simple Moving Average Cross

Broadcom Inc. (NasdaqGS:AVGO) has a 1.05057 50/200 day moving average cross value. Cross SMA 50/200 (SMA = Simple Moving Average) and is calculated as follows:

Cross SMA 50/200 = 50 day moving average / 200day moving average. If the Cross SMA 50/200 value is greater than 1, it tell us that the 50 day moving average is above the 200 day moving average (golden cross), indicating an upward moving share price.

On the other hand if the Cross SMA 50/200 value is less than 1, this shows that the 50 day moving average is below the 200 day moving average (a death cross), and tells us that share prices has fallen recently and may continue to do so.

Returns and Margins

Taking look at some key returns and margins data we can note the following:

Broadcom Inc. (NasdaqGS:AVGO) has Return on Invested Capital of 0.967643, with a 5-year average of 0.444792 and an ROIC quality score of 2.668645. Why is ROIC important? It’s one of the most fundamental metrics in determining the value of a given stock. It helps potential investors determine if the firm is using it’s invested capital to return profits.

There is no easy answer when attempting to address the tough question of how to best approach the equity market, especially when facing a turbulent investing climate. There are many different schools of thought when it comes to stock trading. Investors may have to first gauge their appetite for risk in order to build a solid platform on which to construct a legitimate strategy. The wealth of available information has made the road a bit smoother to travel for amateur investors. Making the transition to the next level is most likely on the minds of many dedicated investors. Tracking technicals and fundamentals may also help provide a roadmap to help separate the contenders from the pretenders. As we head into the second half of the year, it remains to be seen which way the market will lean. Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions.

Broadcom Inc. (NasdaqGS:AVGO) of the Technology Hardware & Equipment sector closed the recent session at 275.730000 with a market value of $109760827.

In looking at some Debt ratios, Broadcom Inc. (NasdaqGS:AVGO) has a debt to equity ratio of 1.69349 and a Free Cash Flow to Debt ratio of 0.245845. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 5.98551. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. Broadcom Inc.’s ND to MV current stands at 0.293547. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.

Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.169555 for Broadcom Inc. (NasdaqGS:AVGO). The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.

Investing in the stock market often requires individuals to gauge how much risk they are willing to take on for potential reward. Piling on too much risk can put the investor out of their comfort zone. On the flip side, taking on too little risk may not provide the opportunity to receive enough returns to achieve previously stated goals. Finding that perfect balance may come with some first-hand experience that includes some trial and error.

In addition to Capex to PPE we can look at Cash Flow to Capex. This ration compares a stock’s operating cash flow to its capital expenditure and can identify if a firm can generate enough cash to meet investment needs. Investors are looking for a ratio greater than one, which indicates that the firm can meet that need. Comparing to other firms in the same industry is relevant for this ratio. Broadcom Inc. (NasdaqGS:AVGO)’s Cash Flow to Capex stands at 21.513333.

Near-Term Growth Drilldown

Now we’ll take a look at some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations. This number stands at 0.27164 for Broadcom Inc. (NasdaqGS:AVGO). The one year Growth EBIT ratio stands at 0.33210 and is a calculation of one year growth in earnings before interest and taxes. The one year EBITDA growth number stands at 0.18598 which is calculated similarly to EBIT Growth with just the addition of amortization.

Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at 0.19048. The one year growth in Net Profit after Tax is -0.68315 and lastly sales growth was 0.11019.

There is no shortage of financial news and opinions as we live in the age of the 24 hour news cycle. Headlines and expert opinions seem to be around every corner when dealing with the stock market. Trying to keep up with all the swirling news can make ones head spin. Even though there may be some significant news mixed in, a lot of the headlines may not be worth paying much attention to. Figuring out what information is useful may take some time for the investor to figure out. Once the filter is in place, investors may find it much easier to focus on the important data. Making investment decisions solely based on news headlines may end up causing the portfolio to suffer down the line.

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Following the Consensus Analyst Rating on These Shares: Cboe Global Markets, Inc. (NASDAQ …

Based on analysts used by Zacks Research, the present average broker rating on shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) is currently …

Wall Street analysts have the ability to provide stock ratings for companies that they track. Based on analysts used by Zacks Research, the present average broker rating on shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) is currently 1.89. This mean rating includes analysts who have offered Sell, Buy and Hold ratings on the equity. This rating lands on a numerical recommendation scale from 1 to 5. A score of 1 would represent a Buy recommendation, and a score of 5 would indicate a Sell recommendation. Out of all the analysts providing ratings, 5 have rated the stock a Strong Buy or Buy, based on data provided by Zacks Research.

Investors might be searching far and wide for the next set of winning stocks to add to the portfolio. Many value investors may be on the lookout for stocks that are underpriced at current levels. Some investors may be looking for names that have the potential to see major growth in the next few years. Picking growth companies can be a bit riskier, but they may have much bigger potential for substantial returns. Other investors may be interested in finding companies that provide stable returns and pay out a solid dividend. Investors may even choose to piece together the portfolio with stocks from different categories. Having a diverse selection of stocks is typically recommended for longer-term portfolio health.

Zooming in on recent stock price action for Cboe Global Markets, Inc. (NASDAQ:CBOE), we note that shares are trading near the 119.01 level. Investors will often follow stock price levels in relation to the 52-week high and low levels. The 52-week high is presently 119.01, and the 52-week low is sitting at 91.23. When a stock price is getting close to either the 52-week high or 52-week low, investors may track activity to watch for a move past the established mark. Over the last 12 weeks, shares have seen a change of 13.07%. Heading further back to the start of the year, we note that shares have seen a change of 21.65%. Focusing in closer to the last 4 weeks, shares have seen a change of 5.32%. Over the past five trading days, the stock has changed 3.42%.

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Sell-side Wall Street analysts will commonly offer stock price target estimates. Many investors pay close attention to where the analysts project the stock moving in the future. After a recent scan, we can see that analysts polled by Zacks Research have set a consensus price target of $116.44 on shares of Cboe Global Markets, Inc. (NASDAQ:CBOE). Price target estimates can be calculated using various methods, and they may be quite different depending on the individual analyst. A fully researched analyst report will generally provide detailed reasoning for a specific target price prediction. Some investors may track analyst targets very closely and use the information to complement their own stock research.

Taking a quick look at the current quarter EPS consensus estimate for Cboe Global Markets, Inc. (NASDAQ:CBOE), we can see that the most recent level is sitting at 1.1. This EPS projection uses 6 Sell-Side analysts polled by Zacks Research. For the previous reported quarter, the company posted a quarterly EPS of 1.13. Covering analysts have the tough job of following companies and offering future estimates. These estimates are often closely followed on the Street, and earnings beats or misses revolve around these projections. Sometimes these predictions are extremely close to the actual reported number, and other times they may be way off. When a company posts actual earnings numbers, the surprise factor can lead to sudden stock price fluctuations. If a company meets and beats estimates and posts a positive earnings surprise, the stock may see a near-term bump. On the other end, a negative surprise may send the stock in the opposite direction. Many investors will choose to trade with caution around earnings releases and wait to make a move until after the major activity has subsided.

As investors gear up for the stretch run towards the end of the year, the focus will be on which way stock market momentum seems to be shifting. Investors may be taking note of various economic reports and keeping a close eye on global political news. There are many factors that can affect the price of a stock. Tracking the markets from different angles may help to put together the bigger investing picture. Investors may be wondering if they have missed the boat as stocks have cooled off a bit recently. It may be wise to remember that there are always plenty of market opportunities to take advantage of. Diving into the fray may not be necessary until all the boxes are ticked off on the investor’s checklist.

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AD Beadell Investment Counsel Inc. Cuts Holdings in QUALCOMM, Inc. (NASDAQ:QCOM)

A. D. Beadell Investment Counsel Inc. lowered its holdings in QUALCOMM, Inc. (NASDAQ:QCOM) by 3.1% in the second quarter, according to the …

QUALCOMM logoA. D. Beadell Investment Counsel Inc. lowered its holdings in QUALCOMM, Inc. (NASDAQ:QCOM) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,000 shares of the wireless technology company’s stock after selling 1,300 shares during the period. QUALCOMM comprises about 2.7% of A. D. Beadell Investment Counsel Inc.’s portfolio, making the stock its 7th largest holding. A. D. Beadell Investment Counsel Inc.’s holdings in QUALCOMM were worth $3,118,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Weaver Consulting Group bought a new stake in shares of QUALCOMM during the 1st quarter valued at approximately $25,000. Farmers National Bank bought a new stake in shares of QUALCOMM during the 1st quarter valued at approximately $26,000. Meridian Wealth Management LLC bought a new stake in shares of QUALCOMM during the 1st quarter valued at approximately $26,000. Mark Sheptoff Financial Planning LLC bought a new stake in shares of QUALCOMM during the 1st quarter valued at approximately $29,000. Finally, Field & Main Bank bought a new stake in shares of QUALCOMM during the 1st quarter valued at approximately $32,000. 76.18% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on QCOM. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $79.00 price target on shares of QUALCOMM in a report on Monday, July 22nd. Macquarie set a $90.00 target price on shares of QUALCOMM and gave the stock a “buy” rating in a report on Thursday, May 23rd. Bank of America reduced their target price on shares of QUALCOMM from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Daiwa Capital Markets started coverage on shares of QUALCOMM in a report on Thursday, July 18th. They set a “neutral” rating on the stock. Finally, DZ Bank reissued a “sell” rating on shares of QUALCOMM in a report on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $79.93.

QUALCOMM stock opened at $69.80 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 1.77 and a debt-to-equity ratio of 2.46. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34. The company’s fifty day moving average is $74.35. The firm has a market cap of $86.63 billion, a P/E ratio of 21.88, a PEG ratio of 1.94 and a beta of 1.62.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.02. QUALCOMM had a net margin of 13.41% and a return on equity of 112.21%. The firm had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same quarter in the prior year, the company posted $1.01 earnings per share. The business’s revenue was down 12.7% on a year-over-year basis. On average, analysts anticipate that QUALCOMM, Inc. will post 2.88 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, September 11th. This represents a $2.48 annualized dividend and a yield of 3.55%. QUALCOMM’s payout ratio is 77.74%.

In other news, EVP Michelle M. Sterling sold 5,560 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $86.44, for a total value of $480,606.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Erin L. Polek sold 1,478 shares of the stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $70.36, for a total transaction of $103,992.08. Following the completion of the sale, the senior vice president now owns 1,386 shares of the company’s stock, valued at approximately $97,518.96. The disclosure for this sale can be found here. Corporate insiders own 0.11% of the company’s stock.

QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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