Revenue Estimates Analysis Broadcom Limited (AVGO)


Broadcom Ltd. tops Street 4Q forecasts

It is flat, as 0 investors sold Broadcom Limited shares while 3 reduced holdings. only 0 funds opened positions while 3 raised stakes.

Many analysts are providing their Estimated Earnings analysis for Broadcom Limited and for the current quarter 26 analysts have projected that the stock could give an Average Earnings estimate of $4.52/share. The company reported the earnings of $4.1/Share in the last quarter where the estimated EPS by analysts was $4.03/share. Gemmer Asset Mngmt Limited Company owns 94 shares.

Shares of Broadcom Limited (NASDAQ:AVGO) opened at $261.65 on Wednesday.

In other Broadcom news, CFO Thomas H. Krause sold 2,595 shares of the company's stock in a transaction dated Thursday, November 16th.

While looking at the Stock's Performance, Broadcom Limited now shows a Weekly Performance of -5.68%, where Monthly Performance is -4.38%, Quarterly performance is 4.92%, 6 Months performance is 2.9% and yearly performance percentage is 57.5%. First State Bank Of Omaha owns 38,700 shares. Vantage Invest Advsr Ltd Liability Corp holds 0% of its portfolio in Broadcom Limited (NASDAQ:AVGO) for 12 shares.

Broadcom Limited (AVGO) will report its next earnings on Dec 06 AMC. Shine Investment Advisory Services Inc. acquired a new position in shares of Broadcom during the 2nd quarter worth approximately $116,000. AVGO's profit would be $1.69B giving it 16.69 P/E if the $3.92 EPS is correct. The institutional investor owned 3,580 shares of the semiconductor manufacturer's stock after selling 150 shares during the period. It has outperformed by 47.30% the S&P500. Mitchell Mcleod Pugh And Williams accumulated 0.48% or 2,688 shares. Therefore 96% are positive. Finally, KeyCorp reiterated a "buy" rating and issued a $290.00 price target on shares of Broadcom in a research report on Tuesday, October 17th. The rating was maintained by Mizuho on Friday, June 2 with "Buy".

The long term debt/equity forBroadcom Limited (NASDAQ:AVGO) shows a value of 0.69 with a total debt/equity of 0.69. The rating was maintained by Morgan Stanley on Monday, July 17 with "Overweight". On Thursday, December 3 the stock rating was maintained by RBC Capital Markets with "Outperform". Five investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company's stock. The stock was sold at an average price of $247.28, for a total transaction of $442,136.64. Nomura has "Buy" rating and $300 target.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. The company also forecast current-quarter revenue of $5.30 billion, plus or minus $75 million, helped by its acquisition of network gear maker Brocade Communications Systems. It focuses on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company's P/E (price to earnings) ratio is 215 and Forward P/E ratio of 14.55.

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