Broadcom Inc (NASDAQ: AVGO) kicked off on Friday, up 24.43% from the previous trading day, before settling in for the closing price of $180.66. Over the past 52 weeks, AVGO has traded in a range of $104.15-$186.42.
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During the last 5-year period, the sales growth of Technology Sector giant was 18.69%. While this was happening, its average annual earnings per share was recorded 29.69%. With a float of $4.58 billion, this company’s outstanding shares have now reached $4.67 billion.
Let’s determine the extent of company efficiency that accounts for 20000 employees. In terms of profitability, gross margin is 60.18%, operating margin of 28.15%, and the pretax margin is 19.23%.
Broadcom Inc (AVGO) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Broadcom Inc is 2.02%, while institutional ownership is 76.09%. The most recent insider transaction that took place on Oct 11 ’24, was worth 2,894,048. In this transaction President, Semi Solutions Grp of this company sold 15,950 shares at a rate of $181.44, taking the stock ownership to the 737,330 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Chief Legal & Corp Affairs Ofc sold 18,900 for $181.45, making the entire transaction worth $3,429,405. This insider now owns 361,660 shares in total.
Broadcom Inc (AVGO) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 29.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.20% during the next five years compared to 13.84% growth over the previous five years of trading.
Broadcom Inc (NASDAQ: AVGO) Trading Performance Indicators
Take a look at Broadcom Inc’s (AVGO) current performance indicators. Last quarter, stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 25.33. Likewise, its price to free cash flow for the trailing twelve months is 67.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 1.50 in the next quarter and is forecasted to reach 7.55 in one year’s time.
Technical Analysis of Broadcom Inc (AVGO)
Looking closely at Broadcom Inc (NASDAQ: AVGO), its last 5-days average volume was 51.65 million, which is a jump from its year-to-date volume of 29.46 million. As of the previous 9 days, the stock’s Stochastic %D was 89.49%. Additionally, its Average True Range was 9.29.
During the past 100 days, Broadcom Inc’s (AVGO) raw stochastic average was set at 96.11%, which indicates a significant increase from 94.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.36% in the past 14 days, which was higher than the 60.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $174.95, while its 200-day Moving Average is $154.90. However, in the short run, Broadcom Inc’s stock first resistance to watch stands at $231.96. Second resistance stands at $239.13. The third major resistance level sits at $249.55. If the price goes on to break the first support level at $214.37, it is likely to go to the next support level at $203.95. Now, if the price goes above the second support level, the third support stands at $196.78.
Broadcom Inc (NASDAQ: AVGO) Key Stats
The company with the Market Capitalisation of 1306.47 billion has total of 4,670,576K Shares Outstanding. Its annual sales at the moment are 35,819 M in contrast with the sum of 14,082 M annual income. Company’s last quarter sales were recorded 13,072 M and last quarter income was -1,875 M.
