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. The Wired Infrastructure segment provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Ethernet switching and routing application products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic laser and receiver components. The Wireless Communications segment offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; and custom touch controllers. The Enterprise Storage segment provides serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; and preamplifiers. The Industrial & Other segment offers optocouplers, industrial fiber optics, motion control encoders and subsystems, and light emitting diodes. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. is based in San Jose, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:AVGO
CUSIPY0486S10
Phone408-433-8000
Debt
Debt-to-Equity Ratio0.55
Current Ratio5.87
Quick Ratio5.29
Price-To-Earnings
Trailing P/E Ratio14.72
Forward P/E Ratio12.04
P/E Growth0.91
Sales & Book Value
Annual Sales$17.64 billion
Price / Sales5.15
Cash Flow$27.5176 per share
Price / Cash7.65
Book Value$56.83 per share
Price / Book3.70
Profitability
EPS (Most Recent Fiscal Year)$14.30
Net Income$1.69 billion
Net Margins56.32%
Return on Equity28.81%
Return on Assets14.42%
Miscellaneous
Employees14,000
Outstanding Shares431,680,000
Market Cap$90.34 billion
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 declared a quarterly dividend on Thursday, June 7th. Shareholders of record on Wednesday, June 20th will be paid a dividend of $1.75 per share on Friday, June 29th. This represents a $7.00 annualized dividend and a yield of 3.33%. The ex-dividend date is Tuesday, June 19th. View Broadcom's Dividend History.
How will Broadcom's stock buyback program work?
Broadcom announced that its Board of Directors has initiated a share repurchase plan 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 shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Broadcom's earnings last quarter?
Broadcom Inc (NASDAQ:AVGO) announced its quarterly earnings results on Thursday, June, 7th. The semiconductor manufacturer reported $4.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.05 by $0.83. The semiconductor manufacturer earned $5.02 billion during the quarter, compared to analysts' expectations of $5 billion. Broadcom had a return on equity of 28.81% and a net margin of 56.32%. The business's revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter last year, the business posted $3.69 earnings per share. View Broadcom's Earnings History.
When is Broadcom's next earnings date?
What price target have analysts set for AVGO?
35 Wall Street analysts have issued 12 month price targets for Broadcom's shares. Their predictions range from $220.00 to $337.00. On average, they anticipate Broadcom's share price to reach $291.2647 in the next twelve months. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets for Broadcom.
What is the consensus analysts' recommendation for Broadcom?
35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. There are currently 9 hold ratings and 26 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. According to Zacks Investment Research, "Shares of Broadcom have underperformed the industry in the past one year. The company faces integration risks due to frequent acquisitions. The company’s leveraged balance sheet and customer concentration continue to be headwinds. Further, a significant portion of Broadcom’s revenue comes from a handful of customers. Therefore, loss of any of the top five customers can significantly hurt top-line growth. Lately, estimates of Broadcom have moved south. Adding to the woes, intensifying competition from peers is likely to keep profitability under pressure at least in the near-term. Nonetheless, Broadcom 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." (6/11/2018)
- 2. Rosenblatt Securities analysts commented, "We rate AVGO Buy and reiterate our $340 price target into the January quarter print on March 15th which we expect to be in-line. CFIUS involvement and the political climate in Washington do not bode well for the Qualcomm (QCOM: Neutral) deal but Broadcom wins regardless. Recall management last quarter raised long-term non-GAAP gross margin, operating margin, and FCF targets to 65%, 47.5%, and 40%, up from 60%, 45% and 35% respectively. Broadcom Ltd. (AVGO) Price Chart– 1 Yr Chart Source: Trading View Company Summary: Broadcom Limited designs, develops, and supplies semiconductors and integrated circuits. The Company offers products such as broadband carrier access, cables, switches, network processors, and wireless connectors. Broadcom markets its products around the world." (3/11/2018)
Are investors shorting Broadcom?
Broadcom saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 10,829,120 shares, an increase of 68.7% from the July 13th total of 6,420,198 shares. Based on an average trading volume of 8,178,644 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.6% of the shares of the company are short sold. View Broadcom's Current Options Chain.
Who are some of Broadcom's key competitors?
Some companies that are related to Broadcom include Intel (INTC), Taiwan Semiconductor Mfg. (TSM), NVIDIA (NVDA), Texas Instruments (TXN), Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYO), Microchip Technology (MCHP), Advanced Micro Devices (AMD), Xilinx (XLNX) and STMicroelectronics (STM).
Who are Broadcom's key executives?
Broadcom's management team includes the folowing people:
- Mr. Hock E. Tan, CEO, Pres & Exec. Director (Age 66)
- Mr. Thomas H. Krause Jr., CFO & Sec. (Age 40)
- Mr. Mark Brazeal, Chief Legal Officer (Age 50)
- Dr. Charlie B. Kawwas, Sr. VP & Chief Sales Officer (Age 47)
- Mr. Bryan T. Ingram, Sr. VP & GM of Wireless Semiconductor Division (Age 53)
Has Broadcom been receiving favorable news coverage?
Media stories about AVGO stock have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Broadcom earned a news and rumor sentiment score of 0.10 on Accern's scale. They also assigned news headlines about the semiconductor manufacturer an impact score of 46.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Broadcom.
Who are Broadcom's major shareholders?
Broadcom's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.96%), FMR LLC (2.64%), Jennison Associates LLC (1.33%), Bank of New York Mellon Corp (1.08%), Janus Henderson Group PLC (0.58%) and Morgan Stanley (0.45%). Company insiders that own Broadcom stock include Bryan Ingram, Charlie B Kawwas, Henry Samueli, Hock E Tan, Justine Lien, Kirsten M Spears, Lake (Offshore) Aiv Gp Silver, Lake Group LLC Silver, Lewis C Eggebrecht, Patricia H Mccall and Thomas H Krause. View Institutional Ownership Trends for Broadcom.
Which institutional investors are selling Broadcom stock?
AVGO stock was sold by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., Marshall Wace LLP, Alpine Woods Capital Investors LLC, Piedmont Investment Advisors LLC, Chartwell Investment Partners LLC, Crosslink Capital Inc., Sit Investment Associates Inc. and Putnam FL Investment Management Co.. Company insiders that have sold Broadcom company stock in the last year include Bryan Ingram, Charlie B Kawwas, Hock E Tan, Kirsten M Spears and Thomas H Krause. View Insider Buying and Selling for Broadcom.
Which institutional investors are buying Broadcom stock?
AVGO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Jennison Associates LLC, Bank of New York Mellon Corp, Janus Henderson Group PLC, Morgan Stanley, Waddell & Reed Financial Inc. and Fred Alger Management Inc.. 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 $210.51.
How big of a company is Broadcom?
Broadcom has a market capitalization of $90.34 billion and generates $17.64 billion in revenue each year. The semiconductor manufacturer earns $1.69 billion in net income (profit) each year or $14.30 on an earnings per share basis. Broadcom employs 14,000 workers across the globe.
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.
