Here Are Some Essential Facts About Broadcom (AVGO)

Broadcom logged a -2.6% change during today's afternoon session, and is now trading at a price of $827.95 per share. On average, analysts give it a target price of $926.04.

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 company is based in the United States. Broadcom currently returns an annual dividend yield of 2.2%.

What to Consider if You Are Thinking of Buying Broadcom:

  • Broadcom has moved 83.0% over the last year.

  • AVGO has a forward P/E ratio of 19.1 based on its EPS guidance of 43.24.

  • The company has a price to earnings growth (PEG) ratio of 2.15.

  • Its Price to Book (P/B) ratio is 13.98

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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