The stock of Broadcom Inc (NASDAQ:AVGO) last traded at $192.47, up 0.08% from the previous session.
AVGO stock price is now 2.81% away from the 50-day moving average and 4.38% away from the 200-day moving average. The market capitalization of the company currently stands at $904.98B.
With the price target maintained at $225, Daiwa Securities recently Upgraded its rating from Outperform to Buy for Broadcom Inc (NASDAQ: AVGO). On December 13, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $210 to quote $240, while ‘Mizuho’ rates the stock as ‘Outperform’
In other news, PAGE JUSTINE, Director sold 800 shares of the company’s stock on Apr 14 ’25. The stock was sold for $148,000 at an average price of $185.00. Upon completion of the transaction, the Director now directly owns 25,380 shares in the company, valued at $4.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 11 ’25, Chief Legal & Corp Affairs Ofc Brazeal Mark David sold 25,000 shares of the business’s stock. A total of $4,500,000 was realized by selling the stock at an average price of $180.00. This leaves the insider owning 465,956 shares of the company worth $89.68 million. A total of 1.99% of the company’s stock is owned by insiders.
During the past 12 months, Broadcom Inc has had a low of $122.33 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 $108484173824, which is based on a 92.83 price-to-earnings ratio, a 4.01 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for AVGO is $187.2024 and a two-hundred day moving average price translates $184.39906 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.
