Understanding Qualcomm's -9.55% In Last Week
Qualcomm's stock moved -9.55% in the last 5 trading days, whereas S&P 500 moved 3%. Does this warrant an investment decision? We help you by providing three different perspectives suitable to different investment styles. You can:
Assess Qualcomm's changed relative positioning in the marketLook at the trends in Qualcomm's underlying financials to identify whether the move is in-line or at oddsConsider the near term movement prediction for Qualcomm by Trefis machine learning engine
How has stock trended this year?
Qualcomm's stock price increased 39.7% this year, from $86.86 to $121.36, before moving -9.55% last week, and ending at $109.77.
Has stock become more expensive or cheaper?
At the beginning of this year, Qualcomm's trailing 12 month P/E ratio was 23.9 $. This figure increased 111.3% to 50.6 $, before ending at 45.7 $ after last week's move.
Is market undervaluing or overvaluing the stock vs its peers?
Compared to Qualcomm's P/E multiple of 45.7 $, the figure for its peers AVGO, ERIC, and MSI stands at 92.2 $, ... and ... respectively.
Is the recent move in-line with historical stock price growth?
Qualcomm's stock price decreased -9.55% last week. In comparison, the stock has increased 48.6% between 2017 and 2019, and has increase 87.7% between 2017 and now.
Do business fundamentals support this movement? - Revenue Perspective
Qualcomm's revenue has increased 9.1% from $22,258 Mil in 2017 to $24,273 Mil in 2019. For the last 12 months, this figure stood at $20,000 Mil, implying decrease of -17.6% over 2019 numbers.
Do business fundamentals support this movement? - Margin Perspective
Qualcomm's net margins have increased 64.5% from 11% in 2017 to 18.1% in 2019. For the last 12 months, this figure stood at 13.7%
 Trefis Machine Learning Algorithm Prediction | A Near Term Play
If you are more interested in understaning Qualcomm's near term movement considering recent price change, have a look at our machine learning algorithm that predicts the same by analyzing historical patterns. Here is the prediction for Qualcomm given last week's move. But you can do much more by trying out how stock is likely to behave under different scenarios. Try it out!