About Broadcom (NASDAQ:AVGO)
Broadcom Limited 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. The company was formerly known as Avago Technologies Limited and changed its name to Broadcom Limited in February 2016. Broadcom Limited was founded in 2005 and is headquartered in Singapore.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:AVGO
CUSIPY0486S10
Phone65-6755-7888
Debt
Debt-to-Equity Ratio0.60
Current Ratio5.70
Quick Ratio5.04
Price-To-Earnings
Trailing P/E Ratio18.90
Forward P/E Ratio15.46
P/E Growth1.22
Sales & Book Value
Annual Sales$17.64 billion
Price / Sales6.29
Cash Flow$27.3512 per share
Price / Cash9.88
Book Value$56.83 per share
Price / Book4.76
Profitability
EPS (Most Recent Fiscal Year)$14.30
Net Income$1.69 billion
Net Margins56.32%
Return on Equity30.85%
Return on Assets14.55%
Miscellaneous
Employees14,000
Outstanding Shares410,750,000
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. Stockholders of record on Wednesday, June 20th will be given a dividend of $1.75 per share on Friday, June 29th. This represents a $7.00 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Tuesday, June 19th. View Broadcom's Dividend History.
How will Broadcom's stock buyback program work?
Broadcom declared that its board has authorized a stock buyback program on Thursday, April 12th 2018, which allows the company to buyback $12,000,000,000.00 in outstanding 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 programs are usually a sign that the company's leadership believes its stock is undervalued.
How were Broadcom's earnings last quarter?
Broadcom Inc (NASDAQ:AVGO) posted its earnings results on Thursday, June, 7th. The semiconductor manufacturer reported $4.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.05 by $0.83. The semiconductor manufacturer had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $5 billion. Broadcom had a net margin of 56.32% and a return on equity of 30.85%. The company's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.69 EPS. View Broadcom's Earnings History.
When is Broadcom's next earnings date?
What price target have analysts set for AVGO?
35 equities research analysts have issued 1 year price objectives for Broadcom's shares. Their forecasts range from $270.00 to $350.00. On average, they expect Broadcom's share price to reach $312.9706 in the next twelve months. 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)
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), NXP Semiconductors (NXPI), Analog Devices (ADI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Microchip Technology (MCHP), STMicroelectronics (STM), Kyocera (KYO), Skyworks Solutions (SWKS) and Xilinx (XLNX).
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, VP & Sec. (Age 40)
- Dr. Henry E. Samueli, CTO & Director (Age 63)
- 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?
News headlines about AVGO stock have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Broadcom earned a daily sentiment score of 0.10 on Accern's scale. They also gave news headlines about the semiconductor manufacturer an impact score of 46.61 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Broadcom's major shareholders?
Broadcom's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Barrow Hanley Mewhinney & Strauss LLC (0.24%), Rhumbline Advisers (0.16%), Bahl & Gaynor Inc. (0.06%), GW&K Investment Management LLC (0.03%), Klingenstein Fields & Co. LLC (0.03%) and Origin Asset Management LLP (0.03%). 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 Vaughan Nelson Investment Management L.P., Affinity Investment Advisors LLC, Origin Asset Management LLP, Putnam FL Investment Management Co., Rhumbline Advisers, Oak Ridge Investments LLC, Nvwm LLC and Cambridge Financial Group Inc.. 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 GW&K Investment Management LLC, Barrow Hanley Mewhinney & Strauss LLC, Bahl & Gaynor Inc., Heritage Investors Management Corp, QUANTRES ASSET MANAGEMENT Ltd, Scott & Selber Inc., Pittenger & Anderson Inc. and Braun Bostich & Associates 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 $270.23.
How big of a company is Broadcom?
Broadcom has a market capitalization of $111.00 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 1 YISHUN AVENUE 7, SINGAPORE U0, 768923. The semiconductor manufacturer can be reached via phone at 65-6755-7888 or via email at [email protected]
MarketBeat Community Rating for Broadcom (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.
