The stock of Broadcom Inc (NASDAQ:AVGO) last traded at $167.43, down -1.00% from the previous session.
AVGO stock price is now -19.57% away from the 50-day moving average and -8.97% away from the 200-day moving average. The market capitalization of the company currently stands at $787.25B.
With the price target enhanced from $210 to $240, TD Cowen maintained Buy rating for Broadcom Inc (NASDAQ: AVGO). On October 14, 2024, Mizuho reiterated its ‘Outperform’ rating on the stock by increasing its target price from $190 to quote $220, while ‘William Blair’ rates the stock as ‘Outperform’
In other news, SAMUELI HENRY, Director sold 663,976 shares of the company’s stock on Mar 26 ’25. The stock was sold for $120,576,863 at an average price of $181.60. Upon completion of the transaction, the Director now directly owns 38,798,721 shares in the company, valued at $6.5 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Chairman of the Board of Broad Samueli Foundation bought 136,248 shares of the business’s stock. A total of $23,611,656 was incurred on buying the stock at an average price of $173.30. A total of 2.00% of the company’s stock is owned by insiders.
During the past 12 months, Broadcom Inc has had a low of $119.76 and a high of $251.88. As of last week, the company has a debt-to-equity ratio of 0.95, a current ratio of 1.00, and a quick ratio of 0.91. According to the stock market information, the enterprise value for the company is $98192728064, which is based on a 80.76 price-to-earnings ratio, a 3.46 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for AVGO is $208.1628 and a two-hundred day moving average price translates $183.927 for the stock.
The latest earnings results from Broadcom Inc (NASDAQ: AVGO) was released for 2021-08-01. The net profit margin was 18.47% and return on equity was 14.85% for AVGO. The company reported revenue of $14.92 billion for the quarter, compared to $11.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.71 percent.
