Broadcom Inc designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Phone408-433-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$20.85 billion
Profitability
Miscellaneous
Employees15,000
Next Earnings Date9/5/2019 (Estimated)
OptionableOptionable
Broadcom (NASDAQ:AVGO) Frequently Asked Questions
What is Broadcom's stock symbol?
Broadcom trades on the NASDAQ under the ticker symbol "AVGO."
How often does Broadcom pay dividends? What is the dividend yield for Broadcom?
Broadcom announced a quarterly dividend on Thursday, June 13th. Stockholders of record on Monday, June 24th will be paid a dividend of $2.65 per share on Tuesday, July 2nd. This represents a $10.60 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date is Friday, June 21st. View Broadcom's Dividend History.
How will Broadcom's stock buyback program work?
Broadcom declared that its board has initiated a share repurchase program on Thursday, April 12th 2018, which authorizes the company to repurchase $12,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 12.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.
How were Broadcom's earnings last quarter?
Broadcom Inc (NASDAQ:AVGO) released its earnings results on Thursday, June, 13th. The semiconductor manufacturer reported $5.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $5.18 by $0.03. The semiconductor manufacturer had revenue of $5.52 billion for the quarter, compared to analysts' expectations of $5.70 billion. Broadcom had a net margin of 15.92% and a return on equity of 32.81%. Broadcom's revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company posted $4.88 EPS. View Broadcom's Earnings History.
When is Broadcom's next earnings date?
What guidance has Broadcom issued on next quarter's earnings?
Broadcom updated its FY 2019 earnings guidance on Thursday, June, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $22.5-22.5 billion, compared to the consensus revenue estimate of $24.41 billion.
What price target have analysts set for AVGO?
36 brokers have issued 1 year target prices for Broadcom's shares. Their predictions range from $220.00 to $350.00. On average, they anticipate Broadcom's share price to reach $298.3881 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Price Targets for Broadcom.
What is the consensus analysts' recommendation for Broadcom?
36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. There are currently 9 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Broadcom.
What are Wall Street analysts saying about Broadcom stock?
Here are some recent quotes from research analysts about Broadcom stock:
- 1. Rosenblatt Securities analysts commented, "We see Huawei as already built in to the current share price for AVGO and reiterate our Buy rating and $350 PT into the print (Thursday, June 13 th ) on the company’s secular semiconductor prospect and FCF generation." (6/10/2019)
- 2. According to Zacks Investment Research, "Broadcom reported mixed first-quarter fiscal 2019 results. Wherein the bottom line surpassed the Zacks Consensus Estimate but the top line missed the same. The company faces intensifying competition and integration risks due to frequent acquisitions. The company’s leveraged balance sheet and customer concentration continue to be headwinds. Nonetheless, The company is benefiting from strong demand of its wireless solutions and expanding product portfolio, which makes it well-positioned to address the needs of rapidly growing technologies like IoT and 5G. Strong ties with leading OEMs across multiple target markets will help the company to gain key insights into the requirements of customers. Further, Broadcom is a leading player in the semiconductor market based on its multiple target markets, accretive acquisitions and strong cash flow." (3/19/2019)
- 3. Mizuho analysts commented, "We believe multiple tailwinds into 2019-20 with the CA acquisition mostly behind, AI ASICs, regaining RF share, 5G ramps with wireless/Networking, strong FCF and dividend growth positions AVGO well. AVGO provides an attractive opportunity given a dominant market share, ~$6B in buybacks remaining, $8B+ of ~3%+ dividend yield. Reiterating our Buy and raising PT to $295. The shares trade at a conservative ~ 11x F19E EPS." (10/5/2018)
Has Broadcom been receiving favorable news coverage?
Media coverage about AVGO stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Broadcom earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave press coverage about the semiconductor manufacturer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Broadcom.
Who are some of Broadcom's key competitors?
Some companies that are related to Broadcom include Intel (INTC), Taiwan Semiconductor Mfg. (TSM), Texas Instruments (TXN), NVIDIA (NVDA), Analog Devices (ADI), Applied Materials (AMAT), Micron Technology (MU), Advanced Micro Devices (AMD), NXP Semiconductors (NXPI), Xilinx (XLNX), Kyocera (KYOCY), Microchip Technology (MCHP), Infineon Technologies (IFNNY), Marvell Technology Group (MRVL) and Maxim Integrated Products (MXIM).
What other stocks do shareholders of Broadcom own?
Who are Broadcom's key executives?
Broadcom's management team includes the folowing people:
- Mr. Hock E. Tan, CEO, Pres & Exec. Director (Age 67)
- Mr. Thomas H. Krause Jr., CFO & Sec. (Age 41)
- Mr. Mark D. Brazeal, Chief Legal Officer (Age 51)
- Dr. Charlie B. Kawwas, Sr. VP & Chief Sales Officer (Age 48)
- Mr. Bryan T. Ingram, Sr. VP & GM of Wireless Semiconductor Division (Age 54)
Who are Broadcom's major shareholders?
Broadcom's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.49%), FMR LLC (2.30%), Northern Trust Corp (1.24%), Clearbridge Investments LLC (1.05%), Jennison Associates LLC (0.92%) and First Pacific Advisors LP (0.46%). Company insiders that own Broadcom stock include Bryan Ingram, Charlie B Kawwas, Donald Macleod, Hock E Tan, Kirsten M Spears, Lake Group LLC Silver, Lewis C Eggebrecht and Thomas H Krause. View Institutional Ownership Trends for Broadcom.
Which major investors are selling Broadcom stock?
AVGO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Investec Asset Management LTD, Clearbridge Investments LLC, Strs Ohio, Factory Mutual Insurance Co., Janus Henderson Group PLC, Federated Investors Inc. PA and Clark Capital Management Group Inc.. Company insiders that have sold Broadcom company stock in the last year include Bryan Ingram, Charlie B Kawwas, Donald Macleod, Hock E Tan, Kirsten M Spears, Lewis C Eggebrecht and Thomas H Krause. View Insider Buying and Selling for Broadcom.
Which major investors are buying Broadcom stock?
AVGO stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, SG Americas Securities LLC, PNC Financial Services Group Inc., Hexavest Inc., American Century Companies Inc., Amundi Pioneer Asset Management Inc., Parametric Portfolio Associates LLC and Avalon Advisors LLC. View Insider Buying and Selling for Broadcom.
How do I buy shares of Broadcom?
Shares of AVGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Broadcom's stock price today?
One share of AVGO stock can currently be purchased for approximately $264.10.
How big of a company is Broadcom?
Broadcom has a market capitalization of $104.54 billion and generates $20.85 billion in revenue each year. The semiconductor manufacturer earns $12.26 billion in net income (profit) each year or $18.83 on an earnings per share basis. Broadcom employs 15,000 workers across the globe.View Additional Information About Broadcom.
What is Broadcom's official website?
How can I contact Broadcom?
Broadcom's mailing address is 1320 RIDDER PARK DRIVE, SAN JOSE CA, 95131. The semiconductor manufacturer can be reached via phone at 408-433-8000 or via email at [email protected]
MarketBeat Community Rating for Broadcom (NASDAQ AVGO)
MarketBeat's community ratings are surveys of what our community members think about Broadcom and other stocks. Vote "Outperform" if you believe AVGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVGO will underperform the S&P 500 over the long term. You may vote once every thirty days.
