Broadcom Inc (AVGO) 14-day ATR is 10.74: This Stock is Set to Soar Above its Peers

As on Tuesday, Broadcom Inc (NASDAQ: AVGO) started slowly as it slid -1.59% to $231.84, before settling in for the price of $235.58 at the close. Taking a more long-term approach, AVGO posted a 52-week range of $104.15-$251.88.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Technology sector posted annual sales growth of 18.69% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 13.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 30.31%. This publicly-traded company’s shares outstanding now amounts to $4.69 billion, simultaneously with a float of $4.59 billion. The organization now has a market capitalization sitting at $1069.46 billion. At the time of writing, stock’s 50-day Moving Average stood at $186.90, while the 200-day Moving Average is $160.52.

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 2.02%, in contrast to 75.84% institutional ownership. According to the most recent insider trade that took place on Dec 24 ’24, this organization’s President and CEO sold 45,000 shares at the rate of 239.96, making the entire transaction reach 10,798,200 in total value, affecting insider ownership by 842,836. Preceding that transaction, on Dec 24 ’24, Company’s Chief Legal & Corp Affairs Ofc sold 20,168 for 238.79, making the whole transaction’s value amount to 4,815,937. This particular insider is now the holder of 321,660 in total.

Broadcom Inc (AVGO) Earnings and Revenue Records

Broadcom Inc’s EPS increase for this current 12-month fiscal period is 30.31% and is forecasted to reach 7.63 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 21.20% through the next 5 years, which can be compared against the 13.91% 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 1.07. The Stock has managed to achieve an average true range (ATR) of 10.74. Alongside those numbers, its PE Ratio stands at $190.17, and its Beta score is 1.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 20.74. Similarly, its price to free cash flow for trailing twelve months is now 55.09.

In the same vein, AVGO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.22, a figure that is expected to reach 1.51 in the next quarter, and analysts are predicting that it will be 7.63 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 25.18 million was lower the volume of 30.46 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 59.70% While, its Average True Range was 11.33.

Raw Stochastic average of Broadcom Inc (AVGO) in the period of the previous 100 days is set at 82.87%, which indicates a major rise in contrast to 73.59% 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 111.15% that was higher than 58.79% volatility it exhibited in the past 100-days period.