QUALCOMM Incorporated (NASDAQ:QCOM)- Stocks Raising Investors Eye Brows: Splunk Inc. (NASDAQ:SPLK)

QUALCOMM Incorporated (NASDAQ:QCOM) also run on active notice, stock price showed upbeat performance 1.46% after traded at $65.13 in most recent trading session. An antitrust lawsuit filed by the Federal Trade Commission against Qualcomm Inc. puts a dark cloud over a chip company that had managed to battle back from a steep stock drop.

Qualcomm (QCOM) derives the bulk of its profits from licensing its technology, but that business has been under attack by regulators off and on for more than 10 years. In 2015, a whopping $975 million fine and royalty rate cut in China emboldened regulators world-wide. In December, South Korea fined Qualcomm $853 million for antitrust violations, saying that it used its position as a key chip supplier as a tool to convince mobile phone makers to agree to unfair terms.

QCOM has price to earnings ratio of 16.86 and the price to current year EPS stands at 18.40%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 4.96%. The earning yield also gives right direction to lure investment, as the co has 3.30% dividend yield. Moving toward ratio analysis, it has current ratio of 3.10 and quick ratio was calculated as 2.90. The debt to equity ratio appeared as 0.37 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 2.23% for a week and 1.71% for a month. The price volatility’s Average True Range for 14 days was 1.23. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.30 out of 1-5 scale with week’s performance of -2.22%. QCOM’s institutional ownership was registered as 80.10%, while insider ownership was 0.17%.

Splunk Inc. (NASDAQ:SPLK) persists its position slightly strong in context of buying side, while shares price build up 1.88% during latest trading session.

 Narrow down focus to other ratios, the co has current ratio of 2.20 that indicates if SPLK lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 2.20, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.00, sometimes its remain same with long term debt to equity ratio.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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