Are Smart Investors Making the Right Decision? Broadcom Inc (AVGO)

With 18.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 37.21 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $165.7 whereas the lowest price it dropped to was $158.69. The 52-week range on AVGO shows that it touched its highest point at $185.16 and its lowest point at $79.51 during that stretch. It currently has a 1-year price target of $193.39. With its current market cap of 743.01 billion, AVGO has annualized dividend of $20.35 while the current yield stands at 12.75%. AVGO paid its most recent dividend on 1719187200, while the ex-dividend date for that was 1719187200. Beta for the stock currently stands at 1.18.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AVGO was down-trending over the past week, with a drop of -4.82%, but this was up by 5.27% over a month. Three-month performance surged to 13.38% while six-month performance rose 21.93%. The stock gained 86.81% in the past year, while it has gained 43.00% so far this year. A look at the trailing 12-month EPS for AVGO yields 2.32 with Next year EPS estimates of 6.11. For the next quarter, that number is 1.21. This implies an EPS growth rate of 13.61% for this year and 27.29% for next year. EPS is expected to grow by 17.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.37%.

Float and Shares Shorts:

At present, 4.65 billion AVGO shares are outstanding with a float of 4.56 billion shares on hand for trading. On 2024-07-31, short shares totaled 50.94 million, which was 109.00000000000001 higher than short shares on 1719532800. In addition to Mr. Hock E. Tan as the firm’s President, CEO & Executive Director, Ms. Kirsten M. Spears serves as its CFO & Chief Accounting Officer.

Institutional Ownership:

Through their ownership of 0.78612 of AVGO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2021-08-01, AVGO reported revenue of $12487000000.0 and operating income of $3257000000.0. The EBITDA in the recently reported quarter was $5874000000.0 and diluted EPS was $0.442.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AVGO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, AVGO has a current ratio of $2.1, which is $2.1 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and AVGO currently yields $1.27. In the past year, AVGO’s dividend yield has been $1.27, but when looking at the stock over the past five years, its yield has been $2.55. Accordingly, AVGO has a current buyback yield of $1.68. This was $1.68 for the TTM, and it was $0.94 for the past five years.