Technology Stocks News Update: QUALCOMM, (NASDAQ:QCOM), Autodesk, (NASDAQ:ADSK), Xerox (NYSE:XRX)

Technology Stocks News Update: QUALCOMM, (NASDAQ:QCOM), Autodesk, (NASDAQ:ADSK), Xerox (NYSE:XRX)

- in TECHNOLOGY
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On Thursday, QUALCOMM, Inc. (NASDAQ:QCOM)’s shares declined -15.25% to $51.07.

QCOM offered 82.30% EPS for prior five years. The company has 16.40% return on equity value while its ROI ratio was 15.70%. The company has $94.68 billion market capitalizations and the institutional ownership was 82.30%. Its price to book ratio was 2.47. Volatility of the stock was 4.06% for the week while for the month booked as 2.32%.

The mean estimate for the short term price target for QUALCOMM, Inc.(NASDAQ:QCOM) stands at $70.27 according to 30 Analysts. The higher price target estimate for the stock has been calculated at $85.00 while the lower price target estimate is at $55.00.

Analysts mean recommendation for the stock is 2.20. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Qualcomm Incorporated (Qualcomm) is engaged in providing third-generation (3G), fourth-generation (4G) and next-generation wireless technologies.

Autodesk, Inc. (NASDAQ:ADSK)’s shares gained 9.79% to $63.49.

ADSK has beta value of 2.04. The company has the market capitalization of $13.08 billion. Return on assets ratio of the company was -3.90% while its return on equity ratio was -9.00%. ATR value of company was 1.77 while stock volatility for week was 3.75% while for month was 2.87%. Debt to equity ratio of the company was -0.78 and its current ratio was 2.20.

The mean estimate for the short term price target for Autodesk, Inc.(NASDAQ:ADSK) stands at $63.25 according to 16 Analysts. The higher price target estimate for the stock has been calculated at $81.00 while the lower price target estimate is at $45.00.

Analysts mean recommendation for the stock is 2.10. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Autodesk, Inc. (Autodesk) is a design software and services company, offering customers productive business solutions through technology products and services.

At the end of Thursday’s trade, Xerox Corp (NYSE:XRX)‘s shares dipped -0.10% to $9.63.

XRX is currently valued at $9.76 billion. The company has 1.01 billion shares outstanding and 89.00% shares of the company were owned by institutional investors. The company has 0.56 value in price to sale ratio while price to book ratio was recorded as 1.04. The company exchanged hands with 6.36 million shares as compared to its average daily volume of 13.82 million shares. It beta stands at 1.20.

The mean estimate for the short term price target for Xerox Corp(NYSE:XRX) stands at $12.25 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $16.50 while the lower price target estimate is at $9.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Xerox Corporation is engaged in offering business process and document administration solutions. The Company operates through the following segments: Services, Document Technology and Other.

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