Broadcom Inc (AVGO): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. The current market capitalization of Broadcom Inc is $1452.93B. A total of 110.01 million shares were traded on the day, compared to an average of 23.71M shares.

In the most recent transaction, Kawwas Charlie B sold 15,950 shares of AVGO for 181.44 per share on Oct 11 ’24. After the transaction, the President, Semi Solutions Grp now owns 737,330 company shares. In a previous transaction on Oct 11 ’24, Brazeal Mark David sold 18,900 shares at 181.45 per share. AVGO shares that Chief Legal & Corp Affairs Ofc owns now total 361,660.

Among the insiders who sold shares, Brazeal Mark David disposed of 18,900 shares on Oct 09 ’24 at a per-share price of $182.88. This resulted in the Chief Legal & Corp Affairs Ofc holding 380,560 shares of AVGO after the transaction. In another insider transaction, Brazeal Mark David bought 18,900 shares at $181.45 per share on Oct 11 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Broadcom Inc pays an annual dividend of $16.28, resulting in a dividend yield of 6.51%, and it has a price to earnings (P/E) ratio of 204.33. AVGO’s most recent ex-dividend date was 1.31% when it declared a $0.59 quarterly dividend that was paid in cash on 12/23/2024. Previously, the company paid the dividend on 9/19/2024 with an ex-dividend date of 1.39%. The AVGO stock dividend was $0.53 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, AVGO has a high of $228.70 and a low of $104.15.

As of this writing, AVGO has an earnings estimate of $1.5 per share for the current quarter. EPS was calculated based on a consensus of 31.0 estimates, with a high estimate of $1.58 per share and a lower estimate of $1.17.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AVGO’s latest balance sheet shows that the firm has $12.16B in Cash & Short Term Investments as of fiscal 2021. There were $39.73B in debt and $6.28B in liabilities at the time. Its Book Value Per Share was $14.06, while its Total Shareholder’s Equity was $24.99B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AVGO is Buy with a score of 4.82.

Most Popular

Related Posts