Broadcom Inc (NASDAQ:AVGO) has a beta value of 1.04 and has seen 3.23 million shares traded in the recent trading session. The company, currently valued at $795.11B, closed the recent trade at $169.10 per share which meant it gained $2.89 on the day or 1.74% during that session. The AVGO stock price is -48.95% off its 52-week high price of $251.88 and 29.01% above the 52-week low of $120.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 40.88 million shares traded. The 3-month trading volume is 33.92 million shares.
The consensus among analysts is that Broadcom Inc (AVGO) is Buy stock at the moment, with a recommendation rating of 1.41. 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. The expected earnings per share for the stock is 1.57.
Broadcom Inc (NASDAQ:AVGO) trade information
Sporting 1.74% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AVGO stock price touched $169.10 or saw a rise of 7.22%. Year-to-date, Broadcom Inc shares have moved -27.06%, while the 5-day performance has seen it change -5.19%. Over the past 30 days, the shares of Broadcom Inc (NASDAQ:AVGO) have changed -11.77%. Short interest in the company has seen 55.15 million shares shorted with days to cover at 1.53.
Wall Street analysts have a consensus price target for the stock at $257.5, which means that the shares’ value could jump 34.33% from the levels at last check today.. The projected low price target is $225.0 while the price target rests at a high of $267.0. In that case, then, we find that the latest price level in today’s session is -57.89% off the targeted high while a plunge would see the stock gain -33.06% from the levels at last check today..
Broadcom Inc (AVGO) estimates and forecasts
The company’s shares have lost -6.85% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 21.48%.
28 analysts offering their estimates for the company have set an average revenue estimate of 14.95B for the current quarter. 27 have an estimated revenue figure of 15.82B for the next ending quarter. Year-ago sales stood 12.49B and 13.07B respectively for this quarter and the next, and analysts expect sales will grow by 19.72% for the current quarter and 21.48% for the next.
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 13.91% over the past 5 years. Earnings growth for 2025 is a modest 35.95% while over the next 5 years, the company’s earnings are expected to increase by 23.17%.
AVGO Dividends
Broadcom Inc is expected to release its next earnings report on 2025-Mar-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 6.96 at a share yield of 4.12%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.5%.
Broadcom Inc (NASDAQ:AVGO)’s Major holders
Insiders own 2.02% of the company shares, while shares held by institutions stand at 78.95% with a share float percentage of 80.58%. Investors are also buoyed by the number of investors in a company, with Broadcom Inc having a total of 4879.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 44.82 million shares worth more than $71.96 billion. As of 2024-06-30, VANGUARD GROUP INC held 9.612% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 34.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $54.91 billion and represent 7.3344% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.11% shares in the company for having 146.33 shares of worth $24.71 billion while later fund manager owns 126.43 shares of worth $21.35 billion as of Dec 31, 2024 , which makes it owner of about 2.69% of company’s outstanding stock.
