AVGO - Broadcom Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
257.36
-0.94 (-0.36%)
As of 1:04PM EST. Market open.
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Previous Close258.30
Open255.36
Bid257.9500 x 800
Ask258.0600 x 900
Day's Range254.66 - 261.59
52 Week Range197.46 - 274.26
Volume2,374,642
Avg. Volume3,628,190
Market Cap106.406B
Beta (3Y Monthly)0.94
PE Ratio (TTM)9.05
EPS (TTM)28.4360
Earnings DateDec 3, 2018 - Dec 13, 2018
Forward Dividend & Yield10.60 (4.16%)
Ex-Dividend Date2018-12-18
1y Target Est291.21
Trade prices are not sourced from all markets
  • Is Broadcom’s Valuation Attractive to Investors?
    Market Realist3 hours ago

    Is Broadcom’s Valuation Attractive to Investors?

    In 2015, Broadcom (AVGO) started improving its revenue and profit through acquisitions, sending its stock upward. Early on, Broadcom stock fell as its acquisition of Qualcomm (QCOM) was blocked by Donald Trump. While the acquisition news impacted Broadcom’s stock, its earnings continued to rise, improving its valuation.

  • How Broadcom’s Fiscal 2019 Earnings Could Look
    Market Realist4 hours ago

    How Broadcom’s Fiscal 2019 Earnings Could Look

    Broadcom’s (AVGO) latest acquisition, CA Technologies, could change the way it reports earnings. From fiscal 2019, Broadcom plans to divide its revenue into two segments:  Semiconductor Solutions, which would include its networking, broadband, enterprise storage, wireless, and industrial businesses Infrastructure Software, which would include its mainframe, enterprise, and SAN (Storage Area Network) businesses

  • How Broadcom’s CA Technologies Acquisition Affected Its Earnings
    Market Realist6 hours ago

    How Broadcom’s CA Technologies Acquisition Affected Its Earnings

    Broadcom (AVGO) is restructuring its newly acquired CA Technologies to align it with its own business model. It aims to change its perpetual licensing to a fully ratable subscription model subject to renewal at specific intervals, which could make licensing more flexible and affordable to customers. Broadcom plans to report CA Technologies’ earnings in its newly created Infrastructure Software segment, which comprises the mainframe, enterprise, and SAN (storage area network) businesses.

  • Broadcom Inc. (AVGO) Gains As Market Dips: What You Should Know
    Zacks19 hours ago

    Broadcom Inc. (AVGO) Gains As Market Dips: What You Should Know

    Broadcom Inc. (AVGO) closed the most recent trading day at $258.30, moving +1.3% from the previous trading session.

  • Zacksyesterday

    What Will You Miss Out On by Overlooking Mellanox Stock?

    Mellanox (MLNX) prospects appear bright backed by strength in Ethernet solutions and upbeat third-quarter results. We believe it can be a lucrative addition to your portfolio.

  • Broadcom Restructures CA Technologies’ Business Model
    Market Realistyesterday

    Broadcom Restructures CA Technologies’ Business Model

    Broadcom (AVGO) has been growing its cash flow by acquiring companies that are market leaders with high cash flow. The company is known for successfully integrating businesses and delivering strong returns to shareholders. In fiscal 2019, it is set to integrate CA Technologies, which it acquired in November. As part of the integration, Broadcom plans to change CA Technologies’ business model and include its earnings in its newly created Infrastructure Software segment. CA Technologies licenses its mainframe products to the world’s largest enterprises, which also spend the most on information technology.

  • What Broadcom’s Capital Allocation Strategy Means for Investors
    Market Realistyesterday

    What Broadcom’s Capital Allocation Strategy Means for Investors

    Previously, we saw that Broadcom (AVGO) has been growing its FCF (free cash flow) steadily by acquiring companies with high cash flow. The company’s strategy is to increase its cash flow and give returns to shareholders through dividends, buybacks, and strategic acquisitions. In November 2017, Broadcom tried to acquire Qualcomm (QCOM) but failed, resulting in it compensating shareholders by announcing a $12 billion stock buyback in April.

  • Broadcom's Planning to Milk Its CA Technologies Acqusition
    Motley Foolyesterday

    Broadcom's Planning to Milk Its CA Technologies Acqusition

    Shareholders should love this.

  • Broadcom’s Acquisition Strategy Reflects in Its Cash Flow
    Market Realistyesterday

    Broadcom’s Acquisition Strategy Reflects in Its Cash Flow

    Broadcom (AVGO) increased its profitability in fiscal 2018 by leveraging Brocade Communications’ high-profit margins, which translated into high operating cash flow. Broadcom’s acquisition strategy, which comprises acquiring companies with high cash flow, increased its operating cash flow almost fourfold in four years from $2.3 billion in fiscal 2015 to $8.9 billion in fiscal 2018. Its cash flow rose 35% YoY (year-over-year) in fiscal 2018.

  • Zacks2 days ago

    Cisco Systems (CSCO) Likely to Buy Luxtera: Good Move?

    Cisco (CSCO) benefits from its expanding footprint in the rapidly growing security market. Also, partnerships and acquisitions will boost the company's revenue base.

  • Broadcom’s Profit Margin Marks a Record
    Market Realist2 days ago

    Broadcom’s Profit Margin Marks a Record

    Broadcom (AVGO) has significantly improved its profitability by leveraging merger synergies from its Brocade Communications acquisition. The company’s non-GAAP gross margin expanded YoY (year-over-year) to 68.4% in the fourth quarter of fiscal 2018 from 63.3%, beating analysts’ consensus estimate of 67%. This margin improvement came from a favorable product mix, which included a larger share of Brocade’s high-margin FC SAN (fiber channel storage area network) products. The Brocade acquisition expanded Broadcom’s fiscal 2018 gross margin to 51.5% from 48. ...

  • What Drove Broadcom’s Fiscal 2018 Revenue?
    Market Realist2 days ago

    What Drove Broadcom’s Fiscal 2018 Revenue?

    Broadcom (AVGO) has grown its business organically and through acquisitions. The company completed the acquisition of CA Technologies in November but did not include it in its fiscal 2018 fourth-quarter earnings, meaning its fiscal 2018 earnings reflected only its Brocade Communications acquisition and organic growth from its existing businesses. In the fourth quarter of fiscal 2018, Broadcom’s revenue rose 12% YoY (year-over-year) and 8% sequentially to $5.44 billion, beating analysts’ estimate of $5.4 billion.

  • Acquisitions: Broadcom’s Key Growth Driver
    Market Realist2 days ago

    Acquisitions: Broadcom’s Key Growth Driver

    Broadcom (AVGO) has grown significantly over the last few years under the leadership of CEO Hock Tan, both organically and through acquisitions. Broadcom’s fiscal 2018 earnings again showed how synergies have boosted Broadcom, which acquired Brocade Communications in November 2017.

  • How the CA Technologies Acquisition Could Help Broadcom
    Market Realist2 days ago

    How the CA Technologies Acquisition Could Help Broadcom

    In early November, Broadcom (AVGO) closed the acquisition of CA Technologies for an equity value of ~$18.9 billion. Broadcom’s all-cash CA Technologies deal was made to please shareholders after it failed to make the biggest ever technology deal with Qualcomm (QCOM).

  • Qualcomm Stock: Why Analysts Are Positive
    Market Realist2 days ago

    Qualcomm Stock: Why Analysts Are Positive

    Among the 27 analysts covering Qualcomm (QCOM), 13 recommended a “buy,” while 14 recommended a “hold.” None of the analysts recommended a “sell.” The company will likely continue to perform well despite the trade war and other global headwinds. Analysts have set a target price of $68.50 for the stock and a median consensus estimate of $68.00. Qualcomm was trading at $57.11 on December 4—a 16.0% discount to its consensus median target estimate.

  • Inside Broadcom’s Cash Flows and Balance Sheet Structure
    Market Realist2 days ago

    Inside Broadcom’s Cash Flows and Balance Sheet Structure

    Chip maker Broadcom (AVGO) has strong cash flows and has been rewarding its shareholders with dividends and share buybacks. In the fourth quarter of fiscal 2018, the company’s cash flow from operations was $2.64 billion compared to $2.25 billion in the previous quarter and $1.96 billion in the previous year’s quarter. Broadcom generally returns 50% of the previous fiscal year’s free cash flow to stockholders in the form of cash dividends.

  • ACCESSWIRE2 days ago

    Today's Research Reports on Trending Tickers: Broadcom and NXP Semiconductors

    NEW YORK, NY / ACCESSWIRE / December 12, 2018 / U.S. equities finished lower on Tuesday after bouncing between the red and green territory. The stocks gained more than 1% across the board on improving ...

  • The Zacks Analyst Blog Highlights: UnitedHealth, Broadcom, CVS Health, FedEx and Oracle
    Zacks2 days ago

    The Zacks Analyst Blog Highlights: UnitedHealth, Broadcom, CVS Health, FedEx and Oracle

    The Zacks Analyst Blog Highlights: UnitedHealth, Broadcom, CVS Health, FedEx and Oracle

  • TheStreet.com3 days ago

    Who Are the 9 Highest-Paid CEOs and How Much Do They Make?

    In 2017, the CEOs of the top 350 companies in America had an average compensation of $18.9 million according to a study by the Economic Policy Institute. According to the EPI, these companies had a CEO-to-employee compensation ratio of 312-to-1. How do they make this compensation, and what has their tenure looked like?

  • How Are Broadcom’s Revenues Performing?
    Market Realist3 days ago

    How Are Broadcom’s Revenues Performing?

    Semiconductor giant Broadcom (AVGO) has been posting stable revenue. It operates in the communications infrastructure sector, where exposure is high in the wired business.

  • Bloomberg3 days ago

    Cisco Is in Talks to Buy Optical Chip Maker Luxtera

    A final price for the closely held company hasn’t been determined but a deal will likely value Luxtera in the hundreds of millions of dollars, said the people, who asked not to be identified because the negotiations are private. Cisco beat out rival bids from other companies including Intel Corp. and Broadcom Inc., one of the people said. Representatives for Luxtera, based in Carlsbad, California, and Cisco declined to comment.

  • Broadcom Beats Earnings Expectations in Q4 2018
    Market Realist3 days ago

    Broadcom Beats Earnings Expectations in Q4 2018

    Broadcom (AVGO) reported its fiscal 2018 fourth-quarter earnings results on December 6. Broadcom has beaten analysts’ earnings for the past four straight quarters. Its earnings not only beat estimates but also came in 27.5% higher than its fiscal 2017 fourth-quarter EPS of $4.59 and 17.5% higher than its fiscal 2018 third-quarter EPS of $4.98.

  • Broadcom Impressed Investors with Upbeat Q4 Results
    Market Realist3 days ago

    Broadcom Impressed Investors with Upbeat Q4 Results

    On December 6, Broadcom (AVGO) released upbeat results for the fourth quarter of fiscal 2018, which ended on November 4. Broadcom’s solid results pushed its stock up 5.17% in after-hours trading on the day driven by impressive results and strong guidance. The stock was up 0.58% to $228.56 on December 7.

  • Here's Broadcom's Plan to Boost Earnings
    Motley Fool4 days ago

    Here's Broadcom's Plan to Boost Earnings

    Extreme cost-cutting at CA Technologies should do the trick.

  • TheStreet.com4 days ago

    Is Broadcom an Easy Buy After 51% Dividend Boost?

    released its fourth-quarter earnings results. Not only did the company beat on earnings and revenue forecasts, but it provided guidance that came in well ahead of analysts' expectations. Based on consensus expectations, Broadcom's growth was still reasonable for 2019.