Check Out Broadcom Inc (AVGO)’s Trade Data Rather Than the Analysts’ Views

With 1.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.08 million shares. The 52-week range on AVGO shows that it touched its highest point at $1438.17 and its lowest point at $601.29 during that stretch. It currently has a 1-year price target of $1530.94. With its current market cap of 614.22 billion, AVGO has annualized dividend of $19.70 while the current yield stands at 1.49%. Beta for the stock currently stands at 1.27.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AVGO was down-trending over the past week, with a drop of -1.68%, but this was up by 2.79% over a month. Three-month performance surged to 17.69% while six-month performance rose 62.27%. The stock gained 112.17% in the past year, while it has gained 18.74% so far this year. A look at the trailing 12-month EPS for AVGO yields 26.98 with Next year EPS estimates of 57.37. For the next quarter, that number is 10.84. This implies an EPS growth rate of 11.55% for this year and 21.73% for next year. EPS is expected to grow by 14.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.37%.

Float and Shares Shorts:

At present, 463.42 million AVGO shares are outstanding with a float of 453.89 million shares on hand for trading. On Mar 15, 2024, short shares totaled 5.53 million, which was 1.19% higher than short shares on Feb 15, 2024. In addition to AVGO as the firm’s Broadcom Inc., EVGO serves as its EVgo Inc.

Institutional Ownership:

Through their ownership of 80.51% of AVGO’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AVGO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, AVGO has a current ratio of $21.00, which is $21.00 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and AVGO currently yields $1.49. In the past year, AVGO’s dividend yield has been $1.49, but when looking at the stock over the past five years, its yield has been $2.80. Accordingly, AVGO has a current buyback yield of $2.33. This was $2.33 for the TTM, and it was $0.97 for the past five years.