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
Current SymbolNASDAQ:AVGO
Previous Symbol
CUSIPY0486S10
Phone408-433-8000
Debt
Debt-to-Equity Ratio0.66
Current Ratio3.90
Quick Ratio3.41
Price-To-Earnings
Trailing P/E Ratio13.53
Forward P/E Ratio14.28
P/E Growth1.2
Sales & Book Value
Annual Sales$20.85 billion
Price / Sales5.05
Cash Flow$30.3008 per share
Price / Cash Flow8.41
Book Value$64.47 per share
Price / Book3.95
Profitability
EPS (Most Recent Fiscal Year)$18.83
Net Income$12.26 billion
Net Margins58.80%
Return on Equity29.03%
Return on Assets15.94%
Miscellaneous
Employees14,000
Outstanding Shares413,450,000
Market Cap$105.36 billion
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, December 6th. Investors of record on Wednesday, December 19th will be paid a dividend of $2.65 per share on Friday, December 28th. This represents a $10.60 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date is Tuesday, December 18th. This is a positive change from Broadcom's previous quarterly dividend of $1.75. View Broadcom's Dividend History.
How will Broadcom's stock buyback program work?
Broadcom declared that its board has approved a share buyback plan on Thursday, April 12th 2018, which allows the company to buyback $12,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 12.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.
How were Broadcom's earnings last quarter?
Broadcom Inc (NASDAQ:AVGO) issued its quarterly earnings results on Thursday, December, 6th. The semiconductor manufacturer reported $5.85 earnings per share for the quarter, beating the consensus estimate of $5.58 by $0.27. The semiconductor manufacturer earned $5.45 billion during the quarter, compared to analyst estimates of $5.40 billion. Broadcom had a return on equity of 29.03% and a net margin of 58.80%. Broadcom's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm posted $4.59 earnings per share. 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, December, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $24.5-24.5 billion, compared to the consensus revenue estimate of $22.4 billion.
What price target have analysts set for AVGO?
37 Wall Street analysts have issued 1 year price objectives for Broadcom's stock. Their predictions range from $220.00 to $335.00. On average, they anticipate Broadcom's stock price to reach $289.0938 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Broadcom.
What is the consensus analysts' recommendation for Broadcom?
37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. There are currently 7 hold ratings and 30 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, "Broadcom is a premier designer, developer and global supplier of a broad range of semiconductor devices. 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. Nonetheless, shares of Broadcom have underperformed the industry in the past one year. 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. " (12/5/2018)
- 2. 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?
News stories about AVGO stock have trended somewhat positive on Sunday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Broadcom earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the semiconductor manufacturer a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Are investors shorting Broadcom?
Broadcom saw a decline in short interest in November. As of November 30th, there was short interest totalling 7,700,654 shares, a decline of 16.9% from the November 15th total of 9,269,106 shares. Based on an average trading volume of 2,796,286 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.9% 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), Texas Instruments (TXN), NVIDIA (NVDA), Micron Technology (MU), Analog Devices (ADI), Applied Materials (AMAT), NXP Semiconductors (NXPI), Xilinx (XLNX), Infineon Technologies (IFNNY), Advanced Micro Devices (AMD), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYOCY), Microchip Technology (MCHP) and Maxim Integrated Products (MXIM).
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)
Who are Broadcom's major shareholders?
Broadcom's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital World Investors (10.29%), Vanguard Group Inc. (8.13%), Vanguard Group Inc (8.13%), Capital International Investors (6.65%), BlackRock Inc. (6.27%) and Capital Research Global Investors (6.21%). 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 Capital World Investors, Jennison Associates LLC, TIAA CREF Investment Management LLC, FMR LLC, Janus Henderson Group PLC, Franklin Resources Inc., Bank of New York Mellon Corp and Massachusetts Financial Services Co. MA. 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 Capital International Investors, Capital Research Global Investors, Morgan Stanley, Vanguard Group Inc, Vanguard Group Inc., Standard Life Aberdeen plc, First Pacific Advisors LP and Dimensional Fund Advisors LP. 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 $254.83.
How big of a company is Broadcom?
Broadcom has a market capitalization of $105.36 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 14,000 workers across the globe.
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.
