Broadcom Inc (NASDAQ: AVGO) kicked off on Monday, down -6.05% from the previous trading day, before settling in for the closing price of $199.43. Over the past 52 weeks, AVGO has traded in a range of $119.76-$251.88.
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Technology Sector giant saw their annual sales surged by 18.69% over the last five years. While this was happening, its average annual earnings per share was recorded 30.90%. 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) Insider Activity
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 2.01%, while institutional ownership is 77.17%. The most recent insider transaction that took place on Jan 08 ’25, was worth 918,548. In this transaction Director of this company sold 4,000 shares at a rate of $229.64, taking the stock ownership to the 46,400 shares. Before that another transaction happened on Jan 06 ’25, when Company’s Director sold 48,000 for $235.35, making the entire transaction worth $11,296,800. This insider now owns 113,050 shares in total.
Broadcom Inc (AVGO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.89% during the next five years compared to 13.91% 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 17.03. Likewise, its price to free cash flow for the trailing twelve months is 45.24.
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 7.65 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 31.84 million was better than the volume posted last year of 28.28 million. As of the previous 9 days, the stock’s Stochastic %D was 7.83%. Additionally, its Average True Range was 10.98.
During the past 100 days, Broadcom Inc’s (AVGO) raw stochastic average was set at 31.62%, which indicates a significant increase from 5.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.04% in the past 14 days, which was lower than the 64.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $225.82, while its 200-day Moving Average is $179.19. Now, the first resistance to watch is $199.44. This is followed by the second major resistance level at $211.52. The third major resistance level sits at $218.97. If the price goes on to break the first support level at $179.91, it is likely to go to the next support level at $172.46. Should the price break the second support level, the third support level stands at $160.38.
Broadcom Inc (NASDAQ: AVGO) Key Stats
The company with the Market Capitalisation of 878.27 billion has total of 4,687,356K Shares Outstanding. Its annual sales at the moment are 51,574 M in contrast with the sum of 5,895 M annual income. Company’s last quarter sales were recorded 14,054 M and last quarter income was 4,324 M.
