About Broadcom Limited
Broadcom Limited is a designer, developer and global supplier of a range of semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS)-based devices and analog III-V based products. The Company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. It offers a range of products that are used in end-products, such as enterprise and data center networking, home connectivity, set-top boxes (STBs), broadband access, telecommunication equipment, smartphones, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Its product portfolio ranges from discrete devices to complex sub-systems that include multiple device types, and also includes firmware for interfacing between analog and digital systems. Its products include mechanical hardware that interfaces with optoelectronic or capacitive sensors.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductor - Broad Line
- Sub-Industry: Semiconductors
- Exchange: NASDAQ
- Symbol: AVGO
- CUSIP: Y0486S10
- Previous Close: $210.37
- 50 Day Moving Average: $198.41
- 200 Day Moving Average: $179.13
- 52-Week Range: $398,980,000.00 - $132.90
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 13.99
- P/E Growth: 1.00
- Market Cap: $83.93B
- Outstanding Shares: 398,980,000
- Beta: 1.12
- Net Margins: -13.13%
- Return on Equity: 22.77%
- Return on Assets: 10.16%
Companies Related to Broadcom Limited:
- Debt-to-Equity Ratio: 0.60%
- Current Ratio: 2.31%
- Quick Ratio: 1.86%
What is Broadcom Limited's stock symbol?
Broadcom Limited trades on the NASDAQ under the ticker symbol "AVGO."
How often does Broadcom Limited pay dividends? What is the dividend yield for Broadcom Limited?
Broadcom Limited declared a quarterly dividend on Thursday, December 8th. Shareholders of record on Friday, December 16th will be paid a dividend of $1.02 per share on Friday, December 30th. This represents a $4.08 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Wednesday, December 14th. This is a positive change from Broadcom Limited's previous quarterly dividend of $0.40.
Where is Broadcom Limited's stock going? Where will Broadcom Limited's stock price be in 2017?
38 analysts have issued 12 month price objectives for Broadcom Limited's stock. Their forecasts range from $165.00 to $250.00. On average, they anticipate Broadcom Limited's share price to reach $210.86 in the next twelve months.
When will Broadcom Limited announce their earnings?
Broadcom Limited is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.
What are analysts saying about Broadcom Limited stock?
Here are some recent quotes from research analysts about Broadcom Limited stock:
According to Zacks Investment Research, "Broadcom is expected to enjoy synergistic benefits from the merger with Avago, which will drive future profitability. In addition, the company maintains an efficient global supply chain with a variable, low-cost operating model that enables it to maintain sustainable revenue growth and expand margins. Broadcom is expected to benefit from rapid increases in data center IP and mobile data traffic to emerge as the undisputed leader in the enterprise storage market. The company's long term target is also positive in our view.However, the stock has underperformed the broader market in the past one-year. Notably, estimates have been going down ahead of the company’s Q1 earnings release. Moreover, Broadcom’s rapidly evolving technical standards and high R&D costs associated with new products put pressure on its profitability." (2/8/2017)
Morgan Stanley analysts commented, "We still see a number levers to drive outsized EPS growth (22 percent CAGR), including product cycles in wireless and networking, ongoing merger synergies, and interest expense reduction," analyst Craig Hettenbach wrote in a note.Related Link: Forget The Fed Meeting, September Means It's Time For A New iPhoneHettenbach noted the company's modest revenue beat and cost discipline in an environment where most semiconductor firms have reported inline revenues. Specifically, the company guided to opex of $808 million in the October quarter, or 5 percent below the firm's estimate of $852 million.Broadcom guided to revenue of $4.1 billion at the mid-point, 1 percent above the Street at $4.06 billion and closer to Morgan Stanley's estimate of $4.12 billion.Gross margin was guided up 10bp to 60.5 percent, 30bp above the Street at 60.2 percent and 20bp below Morgan Stanley's estimate of 60.7 percent. Implied EPS for the October quarter is $3.34, 5 percent or $0.15 above the Street at $3.19 and $0.14 above Morgan Stanley's estimate of $3.20.The analyst raised his non-GAAP CY16/17 EPS estimates by $0.22/$0.46 to $12.02/$13.92, driven by benefit from higher sales as well as lower opex and interest expense."We like AVGO for its above-average growth, leadership position in key markets and margin expansion-Overweight," (9/2/2016)
Brean Capital analysts commented, "[M]ore importantly, AVGO demonstrated how this strategy is paying off in leverage in the financial model of the combined company as EPS is "out growing" revenue on a sequential basis by2x at least for the Jul-16Q and Oct-16Q," analyst Mike Burton wrote in a note.Related Link: A Solid Beat And Raise Quarter For Broadcom Led By Wireless SegmentThe company reported third quarter revenues $3.802 billion versus Street consensus of $3.756 billion, and was higher than the company's original guidance of $3.75 billion. EPS of $2.89 came in 4 percent above the Street consensus of $2.77.Looking ahead, Broadcom guided to October quarter revenue of $4.1 billion at the mid-point, 1 percent above the Street at $4.06 billion. Gross margin was guided up 10bp to 60.5 percent, 30bp above the Street at 60.2 percent. Implied EPS for the October quarter is $3.34 at the mid-point, 5 percent or $0.15 above the Street at $3.19. On the cost side, Broadcom sees flat opex trends.The company expects its wireless communications segment to grow sequentially more than 30 percent as the company expects a full quarter of its ramp at Apple. The company is expecting seasonality to spur growth in its Enterprise Storage business and sees growth of "low single digits" (8/30/2016)
Who owns Broadcom Limited stock?
Broadcom Limited's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.90%), State Street Corp (3.82%), Viking Global Investors LP (1.11%), Silver Lake Group L.L.C. (0.91%), Lone Pine Capital LLC (0.89%) and Prudential PLC (0.56%). Company insiders that own Broadcom Limited stock include Anthony E Maslowski, Boon C Ooi, Bruno Guilmart, Bryan Ingram, Charlie B Kawwas, Henry Samueli, Hock E Tan, Justine Lien, Kirsten M Spears, Lake (Offshore) Aiv Gp Silver, Lewis C Eggebrecht, Patricia H Mccall and Thomas H Krause.
Who sold Broadcom Limited stock? Who is selling Broadcom Limited stock?
Broadcom Limited's stock was sold by a variety of institutional investors in the last quarter, including Silver Lake Group L.L.C., FMR LLC, Tourbillon Capital Partners L.P., Fred Alger Management Inc., I.G. Investment Management LTD., Viking Global Investors LP, Allianz Asset Management AG and Federated Investors Inc. PA. Company insiders that have sold Broadcom Limited stock in the last year include Bruno Guilmart, Bryan Ingram, Charlie B Kawwas, Henry Samueli, Hock E Tan, Justine Lien, Kirsten M Spears, Lake (Offshore) Aiv Gp Silver, Lewis C Eggebrecht, Patricia H Mccall and Thomas H Krause.
Who bought Broadcom Limited stock? Who is buying Broadcom Limited stock?
Broadcom Limited's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Lone Pine Capital LLC, State Street Corp, Artisan Partners Limited Partnership, Newbrook Capital Advisors LP, AQR Capital Management LLC, Franklin Resources Inc. and Putnam Investments LLC.
How do I buy Broadcom Limited stock?
Shares of Broadcom Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Broadcom Limited stock cost?
One share of Broadcom Limited stock can currently be purchased for approximately $210.37.