Broadcom Inc (NASDAQ:AVGO) has a beta value of 1.20 and has seen 4.88 million shares traded in the recent trading session. The company, currently valued at $712.66B, closed the recent trade at $153.10 per share which meant it gained $4.48 on the day or 3.01% during that session. The AVGO stock price is -20.94% off its 52-week high price of $185.16 and 48.07% above the 52-week low of $79.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 31.06 million shares traded. The 3-month trading volume is 37.49 million shares.
The consensus among analysts is that Broadcom Inc (AVGO) is Buy stock at the moment, with a recommendation rating of 1.52. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 27 have rated it as a Hold, with 26 advising it as a Buy. 0 have rated the stock as Underweight.
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
Broadcom Inc (NASDAQ:AVGO) trade information
Sporting 3.01% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AVGO stock price touched $153.10 or saw a rise of 0.02%. Year-to-date, Broadcom Inc shares have moved 37.16%, while the 5-day performance has seen it change 6.38%. Over the past 30 days, the shares of Broadcom Inc (NASDAQ:AVGO) have changed -10.69%. Short interest in the company has seen 50.94 million shares shorted with days to cover at 1.5.
Wall Street analysts have a consensus price target for the stock at $1750, which means that the shares’ value could jump 91.25% from the levels at last check today. The projected low price target is $200.0 while the price target rests at a high of $2050.0. In that case, then, we find that the latest price level in today’s session is -1238.99% off the targeted high while a plunge would see the stock gain -30.63% from the levels at last check today.
Broadcom Inc (AVGO) estimates and forecasts
Figures show that Broadcom Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 21.03% over the past 6 months, with this year growth rate of 11.58%, compared to -6.60% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 2.37% over the past 5 years. Earnings growth for 2024 is a modest 13.59% while over the next 5 years, the company’s earnings are expected to increase by 17.80%.
AVGO Dividends
The forward dividend is 2.04 at a share yield of 1.33%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.85%.
Broadcom Inc (NASDAQ:AVGO)’s Major holders
Insiders own 2.03% of the company shares, while shares held by institutions stand at 79.72% with a share float percentage of 81.37%. Investors are also buoyed by the number of investors in a company, with Broadcom Inc having a total of 4058.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 44.65 million shares worth more than $59.18 billion. As of 2024-03-31, VANGUARD GROUP INC held 9.8786% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 34.91 million shares as of 2024-03-31. The firm’s total holdings are worth over $46.27 billion and represent 7.723% of shares outstanding.
