Broadcom moved -5.2% this afternoon session, trading between a high of $901.22 and a low of $864.66 per share. Yesterday the stock finished at $922.89 per share, compared to an average analyst target price of $902.91.
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The large-cap semiconductors company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.9%. Broadcom has trailing twelve months earnings per share (EPS) of 31.85, which at today's prices amounts to a price to earnings (P/E) ratio of 27.5.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.08. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
Broadcom's 56.3% average gross margins are thinner than the 54.23% average of the Semiconductors industry, implying that the firm might be lacking in competitivity.