Broadcom Inc (NASDAQ: AVGO) on Friday, soared 0.25% from the previous trading day, before settling in for the closing price of $231.98. Within the past 52 weeks, AVGO’s price has moved between $104.15 and $251.88.
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Technology Sector giant saw their annual sales surged by 18.69% over the last five years. The company achieved an average annual earnings per share of 30.31%. With a float of $4.59 billion, this company’s outstanding shares have now reached $4.69 billion.
The firm has a total of 37000 workers. Let’s measure their productivity. 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
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Broadcom Inc is 2.02%, while institutional ownership is 75.84%. The most recent insider transaction that took place on Dec 24 ’24, was worth 10,798,200. In this transaction President and CEO of this company sold 45,000 shares at a rate of $239.96, taking the stock ownership to the 842,836 shares. Before that another transaction happened on Dec 24 ’24, when Company’s Chief Legal & Corp Affairs Ofc sold 20,168 for $238.79, making the entire transaction worth $4,815,937. This insider now owns 321,660 shares in total.
Broadcom Inc (AVGO) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 30.31% 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 13.91% growth over the previous five years of trading.
Broadcom Inc (NASDAQ: AVGO) Trading Performance Indicators
Broadcom Inc (AVGO) is currently performing well based on its current performance indicators. A quick ratio of 1.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.19. Likewise, its price to free cash flow for the trailing twelve months is 56.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 7.63 in one year’s time.
Technical Analysis of Broadcom Inc (AVGO)
Analysing the last 5-days average volume posted by the [Broadcom Inc, AVGO], we can find that recorded value of 26.21 million was lower than the volume posted last year of 28.25 million. As of the previous 9 days, the stock’s Stochastic %D was 48.19%. Additionally, its Average True Range was 10.41.
During the past 100 days, Broadcom Inc’s (AVGO) raw stochastic average was set at 83.48%, which indicates a significant increase from 52.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.39% in the past 14 days, which was higher than the 58.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $189.01, while its 200-day Moving Average is $161.61. Now, the first resistance to watch is $236.36. This is followed by the second major resistance level at $240.17. The third major resistance level sits at $243.85. If the price goes on to break the first support level at $228.87, it is likely to go to the next support level at $225.19. Now, if the price goes above the second support level, the third support stands at $221.38.
Broadcom Inc (NASDAQ: AVGO) Key Stats
Market capitalization of the company is 1092.72 billion based on 4,687,356K outstanding shares. Right now, sales total 51,574 M and income totals 5,895 M. The company made 14,054 M in profit during its latest quarter, and 4,324 M in sales during its previous quarter.
