Currently, there are 4.67B common shares owned by the public and among those 4.58B shares have been available to trade.
The company’s stock has a 5-day price change of 25.22% and 37.06% over the past three months. AVGO shares are trading 101.39% year to date (YTD), with the 12-month market performance up to 106.30% higher. It has a 12-month low price of $104.15 and touched a high of $186.42 over the same period. AVGO has an average intraday trading volume of 22.28 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 30.96%, 28.49%, and 45.13% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Broadcom Inc (NASDAQ: AVGO) shares accounts for 76.09% of the company’s 4.67B shares outstanding.
It has a market capitalization of $1306.47B and a beta (3y monthly) value of 1.15. The stock’s trailing 12-month PE ratio is 183.74, while the earnings-per-share (ttm) stands at $1.22. The company has a PEG of 8.67 and a Quick Ratio of 1.07 with the debt-to-equity ratio at 1.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.88% over the week and 3.47% over the month.
Analysts forecast that Broadcom Inc (AVGO) will achieve an EPS of 1.49 for the current quarter, 1.48 for the next quarter and 7.49 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.17 while analysts give the company a high EPS estimate of 1.17. Comparatively, EPS for the current quarter was 1.1 a year ago. Earnings per share for the fiscal year are expected to increase by 29.69%, and 19.49% over the next financial year. EPS should grow at an annualized rate of 21.20% over the next five years, compared to 13.84% over the past 5-year period.
Looking at the support for the AVGO, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on December 13, 2024, with the firm’s price target at $210-$240. Mizuho coverage for the Broadcom Inc (AVGO) stock in a research note released on October 14, 2024 offered a Outperform rating with a price target of $220. William Blair was of a view on September 18, 2024 that the stock is Outperform, while TD Cowen gave the stock Buy rating on July 16, 2024, issuing a price target of $175- $210. Rosenblatt on their part issued Buy rating on July 11, 2024.
