AVGO Investors, You Need to Know These Facts Today.

By Susan Ramirez • Thursday, June 26 15:17 • Permanent Link

Large-cap Technology company Broadcom has moved 2.0% so far today on a volume of 14,530,963, compared to its average of 27,038,001. In contrast, the S&P 500 index moved 1.0%.

Broadcom trades -5.57% away from its average analyst target price of $285.99 per share. The 40 analysts following the stock have set target prices ranging from $210.0 to $400.0, and on average have given Broadcom a rating of buy.

Anyone interested in buying AVGO should be aware of the facts below:

Broadcom has moved 66.8% over the last year, and the S&P 500 logged a change of 11.1%
Based on its trailing earnings per share of 2.75, Broadcom has a trailing 12 month Price to Earnings (P/E) ratio of 98.2 while the S&P 500 average is 29.3
AVGO has a forward P/E ratio of 43.8 based on its forward 12 month price to earnings (EPS) of $6.17 per share
Its Price to Book (P/B) ratio is 4.56 compared to its sector average of 4.19
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.
Based in Palo Alto, the company has 37,000 full time employees and a market cap of $1.27 Trillion. Broadcom currently returns an annual dividend yield of 0.9%.

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.