After moving -2.4% during today's afternoon session, Broadcom is now trading at a price of $880.6 per share. On average, analysts give it a target price of $917.48.
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
Broadcom Investors Should Consider This:
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Broadcom has moved 104.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.15. A number between 0 and 1 could mean that the market is undervaluing Broadcom's estimated growth potential
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Its Price to Book (P/B) ratio is 16.47
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Broadcom currently returns an annual dividend yield of 2.0%.
Understanding Broadcom's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-09 | 33,203,000 | -7,813,000 | 43 | 34.38 |
| 2021-12-17 | 27,450,000 | -8,177,000 | 32 | 77.78 |
| 2020-12-18 | 23,888,000 | -9,304,000 | 18 | 0.0 |
| 2019-12-20 | 22,597,000 | -8,303,000 | 18 | -30.77 |
| 2018-12-21 | 20,848,000 | -5,365,000 | 26 | 73.33 |
| 2017-12-13 | 17,636,000 | -5,843,000 | 15 |
Over the last 6 years, Broadcom's operating margins have averaged 25.3%, which is similar to the 25.44% Semiconductors industry average. We also note that the company's operating margins have a high coefficient of variability at 42.2%. On the other hand, we note that the firm's margins are growing at a 19.2% compounded average yearly rate.
