After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted SoftBank Corp., NEC and Broadcom Jointly Validate RAN Modernization with Virtualization by Unifying O-RAN Architecture and Telco Cloud.
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Stocks Info
Broadcom Inc is listed on the NASDAQ in the Technology sector while operating in the Semiconductors industry. The current market capitalization of Broadcom Inc is $649.84B. A total of 3.45 million shares were traded on the day, compared to an average of 3.28M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, AVGO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 24 SELLs from insiders. Insiders purchased 303,062 shares during that period but sold 277,170.
In the most recent transaction, Spears Kirsten M. sold 2,500 shares of AVGO for 1043.14 per share on Jan 05. After the transaction, the CFO & Chief Accounting Officer now owns 26,880 company shares. In a previous transaction on Dec 21, TAN HOCK E sold 20,000 shares at 1122.46 per share. AVGO shares that President and CEO owns now total 209,796.
Among the insiders who sold shares, HARTENSTEIN EDDY W disposed of 800 shares on Dec 20 at a per-share price of $1140.30. This resulted in the Director holding 810 shares of AVGO after the transaction. In another insider transaction, Brazeal Mark David sold 4,032 shares at $1126.75 per share on Dec 18. Company shares held by the Chief Legal & Corp Affairs Ofc now total 36,868.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Broadcom Inc pays an annual dividend of $19.05, resulting in a dividend yield of 1.36%, and it has a price to earnings (P/E) ratio of 42.57. AVGO’s most recent ex-dividend date was 12/19/2023 when it declared a $5.25 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/20/2023. The AVGO stock dividend was $4.60 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, AVGO has a high of $1407.76 and a low of $586.13.
As of this writing, AVGO has an earnings estimate of $9.48 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $10.6 per share and a lower estimate of $8.31. The company reported an EPS of $10.54 in the last quarter, which was 1.20% higher than expectations of $10.42.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AVGO’s latest balance sheet shows that the firm has $12.16B in Cash & Short Term Investments as of fiscal 2021. There were $39.73B in debt and $6.28B in liabilities at the time. Its Book Value Per Share was $57.94, while its Total Shareholder’s Equity was $24.99B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AVGO is Buy with a score of 4.68.
