Broadcom logged a -0.1% change during today's morning session, and is now trading at a price of $851.25 per share. The S&P 500 index moved 1.0%. AVGO's trading volume is 378,379 compared to the stock's average volume of 2,929,591.
Broadcom trades -4.14% away from its average analyst target price of $888.04 per share. The 23 analysts following the stock have set target prices ranging from $584.0 to $1050.0, and on average have given Broadcom a rating of buy.
If you are considering an investment in AVGO, you'll want to know the following:
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Broadcom's current price is 375.5% above its Graham number of $179.01, which implies that at its current valuation it does not offer a margin of safety
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Broadcom has moved 68.0% over the last year, and the S&P 500 logged a change of 11.0%
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Based on its trailing earnings per share of 31.86, Broadcom has a trailing 12 month Price to Earnings (P/E) ratio of 26.7 while the S&P 500 average is 15.97
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AVGO has a forward P/E ratio of 18.9 based on its forward 12 month price to earnings (EPS) of $45.14 per share
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The company has a price to earnings growth (PEG) ratio of 1.92 — a number near or below 1 signifying that Broadcom is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 16.01 compared to its sector average of 6.23
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Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
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Based in San Jose, the company has 20,000 full time employees and a market cap of $351.3 Billion. Broadcom currently returns an annual dividend yield of 2.1%.