As on April 05, 2021, Broadcom Inc. (NASDAQ: AVGO) got off with the flyer as it spiked 2.63% to $488.48. During the day, the stock rose to $489.635 and sunk to $476.82 before settling in for the price of $475.95 at the close. Taking a more long-term approach, AVGO posted a 52-week range of $221.45-$495.14.
The Technology Sector giants’ yearly sales growth during the last 5-year period was 28.50%. Meanwhile, its Annual Earning per share during the time was 5.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.10%. This publicly-traded company’s shares outstanding now amounts to $407.00 million, simultaneously with a float of $396.59 million. The organization now has a market capitalization sitting at $194.30 billion. At the time of writing, stock’s 50-day Moving Average stood at $467.43, while the 200-day Moving Average is $391.77.
While finding the extent of efficiency of the company that is accounted for 21000 employees. It has generated 1,137,524 per worker during the last fiscal year. Meanwhile, its income per employee was 141,000. The stock had 8.60 Receivables turnover and 0.33 Total Asset turnover. For the Profitability, stocks gross margin was +46.68, operating margin was +18.24 and Pretax Margin of +10.23.
Broadcom Inc. (AVGO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. Broadcom Inc.’s current insider ownership accounts for 0.20%, in contrast to 82.60% institutional ownership. According to the most recent insider trade that took place on Mar 29, this organization’s Director sold 100 shares at the rate of 474.23, making the entire transaction reach 47,423 in total value, affecting insider ownership by 1,649. Preceding that transaction, on Mar 26, Company’s Chief Operating Officer sold 1,890 for 469.29, making the whole transaction’s value amount to 886,949. This particular insider is now the holder of 64,660 in total.
Broadcom Inc. (AVGO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 1/30/2021, the company posted $6.61 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $6.56) by $0.05. This company achieved a net margin of +12.40 while generating a return on equity of 12.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.57 per share during the current fiscal year.
Broadcom Inc.’s EPS decrease for this current 12-month fiscal period is -2.10% and is forecasted to reach 28.96 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.60% through the next 5 years, which can be compared against the 5.00% growth it accomplished over the previous five years trading on the market.
Broadcom Inc. (NASDAQ: AVGO) Trading Performance Indicators
Let’s observe the current performance indicators for Broadcom Inc. (AVGO). It’s Quick Ratio in the last reported quarter now stands at 2.00. The Stock has managed to achieve an average true range (ATR) of 17.67. Alongside those numbers, its PE Ratio stands at $56.58, and its Beta score is 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.87. Similarly, its price to free cash flow for trailing twelve months is now 29.10.
In the same vein, AVGO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.63, a figure that is expected to reach 6.41 in the next quarter, and analysts are predicting that it will be 28.96 at the market close of one year from today.
Technical Analysis of Broadcom Inc. (AVGO)
Through scrutinizing the latest numbers posted by the [Broadcom Inc., AVGO], it can be observed that its last 5-days Average volume of 2.63 million was better the volume of 2.24 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 85.09% While, its Average True Range was 16.49.
Raw Stochastic average of Broadcom Inc. (AVGO) in the period of the previous 100 days is set at 95.06%, which indicates a major fall in contrast to 97.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.97% that was higher than 34.77% volatility it exhibited in the past 100-days period.