Broadcom Limited (AVGO) Analysts See $3.92 EPS

A combined Broadcom Qualcomm would become the dominant supplier of chips used in the 1.5 billion or so smartphones expected to be sold around the world this year. Mike Blake  Reuters

Reviewing the necessary data for the best stock in today's share market: Broadcom Limited (NASDAQ:AVGO)

About 249,724 shares traded.

Analysts on average were expecting revenue of $4.83 billion, according to Thomson Reuters I/B/E/S. Broadcom also raised its quarterly dividend to $1.75 per share from $1.02. Amazon.Com now has $555.29 billion valuation. The stock decreased 2.17% or $1.7 during the last trading session, reaching $76.5. During the same quarter in the previous year, the company posted $2.53 earnings per share. The stock of Broadcom Limited (NASDAQ:AVGO) earned "Buy" rating by Goldman Sachs on Friday, June 3. It has outperformed by 58.96% the S&P500. TVIAQ's SI was 537,000 shares in December as released by FINRA. The SI to Broadcom Limited Ord's float is 0.81%. The stock price volatility for last week at the close of regular trading was 2.69%, pushing the figure for the whole month to now reaching 3.82%. About 4.13 million shares traded or 37.98% up from the average. It has outperformed by 6.29% the S&P500. It also reduced Bb&T Corp (NYSE:BBT) stake by 75,527 shares and now owns 32,243 shares.

Investors sentiment increased to 1.13 in Q2 2017. Its down 0.03, from 0.98 in 2017Q1. 39,400 are owned by Pointstate Capital L P. San Francisco Sentry Invest Group (Ca) owns 61,588 shares. 112 funds opened positions while 451 raised stakes. L & S Advisors Inc's holdings in Broadcom were worth $9,807,000 as of its most recent SEC filing. Guardian Life Of America reported 0.06% in Visa Inc. First Commercial Bank Of Omaha invested in 38,700 shares. Eqis owns 16,082 shares for 0.21% of their portfolio. Carroll Financial Associates Inc. now owns 593 shares of the semiconductor manufacturer's stock worth $144,000 after acquiring an additional 220 shares in the last quarter. 939,697 were accumulated by Clearbridge Invests Ltd Llc. Scharf Invests Lc has 0.52% invested in Visa Inc. The Alabama-based Buckingham Mgmt has invested 1.35% in Visa Inc. (NASDAQ:AMZN) for 590 shares.

Analysts await Broadcom Limited (NASDAQ:AVGO) to report earnings on December, 14. Nationwide Fund Advsrs reported 0.4% stake. 407 are owned by Harvest Cap Incorporated. Therefore 82% are positive. Avago Technologies Limited had 156 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by UBS on Wednesday, December 16 with "Buy". The rating was maintained by KeyBanc Capital Markets with "Overweight" on Friday, August 25.

In related news, SVP Bryan Ingram sold 10,000 shares of the business's stock in a transaction on Thursday, September 28th.

Broadcom has shown it can integrate its takeover targets and produce strong earnings, said David Heger, an analyst at Edward Jones. Finally, Morgan Stanley reiterated a "buy" rating and issued a $290.00 price target on shares of Broadcom in a report on Friday, August 25th. The rating was maintained by Mizuho with "Buy" on Thursday, May 25. The stock has "Buy" rating by RBC Capital Markets on Monday, July 3.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. It focuses on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. A company with higher PE ratio is more worthy against a company with lower PE ratio.

Broadcom makes chips for wired and wireless communications, enterprise storage, and industrial markets. Broadcom Limited has a fifty-two week low of $163.67 and a fifty-two week high of $285.68. The company was maintained on Friday, September 29 by RBC Capital Markets. The firm has "Buy" rating by Canaccord Genuity given on Friday, June 3. Pacific Crest maintained Broadcom Limited (NASDAQ:AVGO) rating on Thursday, November 3. The recent close goes a long way in suggesting that the stock price is being underpriced by a 26.95% compared to the most bullish target.

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -3.90% and struggles for 50 days moving average of buoyant run is 1.66%. Deutsche Bank maintained the shares of AVGO in report on Friday, September 2 with "Buy" rating. As per Monday, October 12, the company rating was downgraded by Sidoti.

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