Technical Analysis for today's market share: Broadcom Limited (NASDAQ:AVGO)

Marco Green
December 19, 2017

Broadcom has a 1 year low of $173.31 and a 1 year high of $285.68.

Price-to-free-cash-flow (P/FCF) of 29.01 gives an overview of the equity valuation for Broadcom Limited.

Oppenheimer reiterated their buy rating on shares of Broadcom (NASDAQ:AVGO) in a report released on Friday morning.

Broadcom (NASDAQ:AVGO) opened at $263.95 on Thursday. Barclays Capital maintained the shares of AVGO in report on Wednesday, October 18 with "Overweight" rating. Quantitative Systematic Strategies LLC boosted its position in shares of Broadcom by 348.3% during the 3rd quarter. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction.

Broadcom Limited on 10/30/2017 reported its EPS as $3.63 with the analysts projecting the EPS of the stock as $3.48. Cowen & Co maintained Broadcom Limited (NASDAQ:AVGO) on Thursday, August 10 with "Buy" rating.

Analyst Recommendation is an outlook of a stock-market analyst on a stock. The shares were sold at an average price of $253.41, for a total value of $7,602,300.00. The short ratio in the company's stock is documented at 1.19 and the short float is around of 0.94%.

The annualized dividend paid by Broadcom Ltd is $7.00/share, now paid in quarterly installments, and its most recent dividend ex-date was on 12/18/2017. A consensus recommendation provides a snapshot of current thinking about a stock, so it can serve as a benchmark against which you can compare a single analyst's opinion to gauge how mainstream it is. Institutional investors and hedge funds own 90.29% of the company's stock. Principal Financial Group Inc. now owns 667,057 shares of the semiconductor manufacturer's stock valued at $155,459,000 after purchasing an additional 83,929 shares in the last quarter. Carroll Financial Associates Inc. now owns 593 shares of the semiconductor manufacturer's stock worth $144,000 after buying an additional 220 shares during the last quarter. AllSquare Wealth Management LLC acquired a new stake in shares of Broadcom in the third quarter valued at about $113,000.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Wednesday, December 6th.

According to 26 analysts, the Average Revenue Estimate for the current Fiscal quarter is $4.83 Billion and the Low Revenue estimate is $4.71 Billion, while the High Revenue estimate is $4.9 Billion. Finally, TRUE Private Wealth Advisors lifted its holdings in shares of Broadcom by 5.1% during the second quarter. Return on Equity (ROE) stands at 9.1% and Return on Investment (ROI) of 0 percent. The ex-dividend date of this dividend is Monday, December 18th. This represents a $4.08 dividend on an annualized basis and a yield of 1.74%. Broadcom's dividend payout ratio (DPR) is now 95.77%. Value investors will surely go for the low or decreasing P/FCF totals and reasonably low stock share prices. Also, SVP Bryan Ingram sold 794 shares of Broadcom stock in a transaction dated Wednesday, December 6th. The disclosure for this sale can be found here. Stock investors bought 1,103 put options on the company. In taking a look at recent performance, we can see that shares have moved 1.46% over the past week, 4.67% over the past 4-weeks, 2.54% over the past half year and 19.12% over the past full year.

COPYRIGHT VIOLATION WARNING: "Broadcom's (AVGO) Buy Rating Reaffirmed at Oppenheimer" was reported by TrueBlueTribune and is the property of of TrueBlueTribune.

Broadcom Limited is a designer, developer and global supplier of a range of semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS)-based devices and analog III-V based products.

Other reports by Click Lancashire

Discuss This Article