Broadcom Inc (NASDAQ:AVGO) has a beta value of 1.12 and has seen 3.21 million shares traded in the recent trading session. The company, currently valued at $1169.19B, closed the recent trade at $27550000.0 per share which meant it gained $27549750.01 on the day or 3213275% during that session. The AVGO stock price is 100.0% off its 52-week high price of $265.43 and 100.0% above the 52-week low of $128.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 27.09 million shares traded. The 3-month trading volume is 27.55 million shares.
The consensus among analysts is that Broadcom Inc (AVGO) is Buy stock at the moment, with a recommendation rating of 1.45. 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 1.66.
Broadcom Inc (NASDAQ:AVGO) trade information
Over the past 30 days, the shares of Broadcom Inc (NASDAQ:AVGO) have changed 8.21%. Short interest in the company has seen 48.42 million shares shorted with days to cover at 2.51.
Wall Street analysts have a consensus price target for the stock at $237.5, which means that the shares’ value could drop -11599900.0% from the levels at last check today.. The projected low price target is $215.0 while the price target rests at a high of $295.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Broadcom Inc (AVGO) estimates and forecasts
The company’s shares have gained 3.48% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 21.64%.
33 analysts offering their estimates for the company have set an average revenue estimate of 15.82B for the current quarter. 31 have an estimated revenue figure of 16.97B for the next ending quarter. Year-ago sales stood 13.07B and 14.05B respectively for this quarter and the next, and analysts expect sales will grow by 21.00% for the current quarter and 21.64% 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 35.62% while over the next 5 years, the company’s earnings are expected to increase by 25.23%.
AVGO Dividends
Broadcom Inc is expected to release its next earnings report on 2025-Jun-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.30 at a share yield of 0.93%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.39%.
Broadcom Inc (NASDAQ:AVGO)’s Major holders
Insiders own 2.02% of the company shares, while shares held by institutions stand at 79.18% with a share float percentage of 80.82%. Investors are also buoyed by the number of investors in a company, with Broadcom Inc having a total of 4943.0 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.
