Broadcom moved 3.4% this afternoon session, trading between a high of $917.93 and a low of $876.43 per share. Yesterday the stock finished at $874.56 per share, compared to an average analyst target price of $965.33.
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The large-cap semiconductors company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.1%. Broadcom has trailing twelve months earnings per share (EPS) of 32.53, which at today's prices amounts to a price to earnings (P/E) ratio of 27.8.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.93. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ 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.