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QUALCOMM Incorporated Message Board

  • arts.crafts2 arts.crafts2 Apr 26, 2013 6:32 PM Flag

    GUIDANCE? The real truth, the real figures

    For all the lies about this stock, I suggest you read: "Buy Qualcom on Weakness" from Seeking Alpha to get the real figures, not many of the analysts who are beholden to forces wanting to push this stock down. Also note that just today, there were upgrades on target price by two objective analysts who aren't paid to attempt to push it down further on no legitimate basis.:

    Guidance -

    The company expects FQ3 revenue of $5.8B-$6.3B and EPS of $0.97-$1.05 vs. consensus of $5.88B and $1.04.
    Qualcomm also projects FY13 revenue of $24B-$25B and EPS of $4.40-$4.55 vs. consensus of $24.1B and $4.53
    5 reasons QCOM at $61 -$62 a share is a solid bargain:

    This arms merchant supplies Apple (AAPL), Samsung (SSNLF.PK) and Nokia (NOK) among other manufacturers. Therefore, it is not dependent on the success of any one player just the continued growth of the smartphone market.
    Pricing in the pre-market sell-off, QCOM sells at under 13x 2014's projected earnings, below its five year historical average (17.5).
    Analysts also expect over 25% sales increases this fiscal year and over 10% in FY2014. The stock sports a five year projected PEG of under 1 (.96).
    The shares yield over 2% and the company has over $13B in net cash on the balance sheet.
    The median price target by the 38 analysts that cover the shares is $76.50 a share. S&P has its highest rating "Strong Buy" on the shares with a $84 price target.

    Sentiment: Strong Buy

62.43-0.08(-0.13%)4:00 PMEDT