Broadcom Stock Today

AVGO
 Stock
  

USD 538.59  13.06  2.37%   

Market Performance
0 of 100
Odds Of Distress
Less than 31
Broadcom is selling for 538.59 as of the 18th of August 2022. This is a -2.37 percent decrease since the beginning of the trading day. The stock's open price was 551.65. Broadcom has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Broadcom are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of July 2022 and ending today, the 18th of August 2022. Click here to learn more.
CUSIP
11135F101
Fiscal Year End
October
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
6th of August 2009
Category
Technology
Classification
Information Technology
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California. The company has 412.87 M outstanding shares of which 4.96 M shares are presently shorted by private and institutional investors with about 2.34 trading days to cover. More on Broadcom

Moving together with Broadcom

0.71ADIAnalog Devices Fiscal Year End 22nd of November 2022 PairCorr
0.81ASXAse Industrial Holding Tech BoostPairCorr

Broadcom Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Broadcom's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Broadcom or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Broadcom was previously known as Broadcom Inc 8 and was traded on NASDAQ Exchange under the symbol AVGOP.
Broadcom has a strong financial position based on the latest SEC filings
Over 83.0% of the company shares are held by institutions such as insurance companies
On 30th of June 2022 Broadcom paid $ 4.1 per share dividend to its current shareholders
Latest headline from www.wptv.com: Stock indexes turn mixed on Wall Street Walmart lifts Dow - WPTV News Channel 5 West Palm
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Broadcom's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Broadcom's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Older SymbolAVGOP
New SymbolAVGO1
CEOHock Tan
SEC FilingsBroadcom Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Broadcom report their recommendations after researching Broadcom's financial statements, talking to executives and customers, or listening in on Broadcom's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Broadcom. The Broadcom consensus assessment is calculated by taking the average forecast from all of the analysts covering Broadcom.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Broadcom based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Broadcom financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares440.3 M471.5 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted460 M493.4 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations17.1 B15.8 B
Significantly Up
Increasing
Slightly volatile
Total Assets93.8 B86.9 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities62.8 B58.2 B
Significantly Up
Increasing
Slightly volatile
Current Assets20.6 B19.1 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities7.8 B7.2 B
Significantly Up
Increasing
Slightly volatile
Total Debt49.3 B45.7 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.08660.0765
Moderately Up
Decreasing
Slightly volatile
Gross Margin0.670.71
Notably Down
Increasing
Slightly volatile
Asset Turnover0.40.32
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Broadcom's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Broadcom's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Broadcom's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadcom's financial leverage. It provides some insight into what part of Broadcom's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Broadcom's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Broadcom deploys its capital and how much of that capital is borrowed.
Liquidity
Broadcom cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 39.47 B in liabilities with Debt to Equity (D/E) ratio of 1.88, which is about average as compared to similar companies. Broadcom has a current ratio of 2.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Broadcom until it has trouble settling it off, either with new capital or with free cash flow. So, Broadcom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Broadcom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Broadcom to invest in growth at high rates of return. When we think about Broadcom's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

17.08 Billion
Broadcom (AVGO) is traded on NASDAQ Exchange in USA. It is located in 1320 Ridder Park Drive and employs 20,000 people. Broadcom was previously known as Broadcom Inc 8 and was traded on NASDAQ Exchange under the symbol AVGOP. Broadcom is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with current market capitalization of 227.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Broadcom's market, we take the total number of its shares issued and multiply it by Broadcom's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Broadcom conducts business under Technology sector and is part of Semiconductors industry. The entity has 412.87 M outstanding shares of which 4.96 M shares are presently shorted by private and institutional investors with about 2.34 trading days to cover. Broadcom currently holds about 9 B in cash with 14.81 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.3.
Check Broadcom Probability Of Bankruptcy
Ownership
Broadcom retains a total of 412.87 Million outstanding shares. The majority of Broadcom outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Broadcom to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Broadcom. Please pay attention to any change in the institutional holdings of Broadcom as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Broadcom Ownership Details

Broadcom Stock Price Odds Analysis

What are Broadcom's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Broadcom jumping above the current price in 90 days from now is about 35.93%. The Broadcom probability density function shows the probability of Broadcom stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3956. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Broadcom will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Broadcom is significantly underperforming DOW.
  Odds Below 538.59HorizonTargetOdds Above 538.59
63.87%90 days
 538.59 
35.93%
Based on a normal probability distribution, the odds of Broadcom to move above the current price in 90 days from now is about 35.93 (This Broadcom probability density function shows the probability of Broadcom Stock to fall within a particular range of prices over 90 days) .

Broadcom Historical Income Statement

Broadcom Income Statement is one of the three primary financial statements used for reporting Broadcom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Broadcom revenue and expense. Broadcom Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Broadcom Net Income is quite stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 8.36 Billion. Net Income Common Stock is expected to rise to about 8 B this year, although the value of Cost of Revenue will most likely fall to about 9.9 B. View More Fundamentals

Broadcom Stock Against Markets

Picking the right benchmark for Broadcom stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Broadcom stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Broadcom is critical whether you are bullish or bearish towards Broadcom at a given time.

Similar Equity Warning - AVGO

Broadcom was forked

The entity Broadcom with a symbol AVGO was recently forked. You can potentially use AVANTGO INC with a symbol AVGO1 from now on.

Broadcom Corporate Directors

Broadcom corporate directors refer to members of a Broadcom board of directors. The board of directors generally takes responsibility for the Broadcom's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Broadcom's board members must vote for the resolution. The Broadcom board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bruno Guilmart - Independent DirectorProfile
Peter Marks - Independent DirectorProfile
Kenneth Hao - Independent DirectorProfile
Harry You - Independent DirectorProfile

Invested in Broadcom?

You need to understand the risk of investing before taking a position in Broadcom. The danger of trading Broadcom is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Broadcom is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Broadcom. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Broadcom is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Broadcom information on this page should be used as a complementary analysis to other Broadcom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Broadcom Stock analysis

When running Broadcom price analysis, check to measure Broadcom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadcom is operating at the current time. Most of Broadcom's value examination focuses on studying past and present price action to predict the probability of Broadcom's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Broadcom's price. Additionally, you may evaluate how the addition of Broadcom to your portfolios can decrease your overall portfolio volatility.
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Is Broadcom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadcom. If investors know Broadcom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.8
Market Capitalization
218.1 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0959
Return On Equity
0.4
The market value of Broadcom is measured differently than its book value, which is the value of Broadcom that is recorded on the company's balance sheet. Investors also form their own opinion of Broadcom's value that differs from its market value or its book value, called intrinsic value, which is Broadcom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadcom's market value can be influenced by many factors that don't directly affect Broadcom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadcom's value and its price as these two are different measures arrived at by different means. Investors typically determine Broadcom value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadcom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.