Broadcom Inc. (AVGO)’s Ratings With Valuations

Wall Street analysts will be watching closely when Broadcom Inc. (NASDAQ:AVGO) reports its quarterly earnings next, which is scheduled for Today After Market Close (Confirmed). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $5.23 per share. In the preceding quarter, the company reportedly generated EPS of $5.85 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 24.10%, a profit margin of 58.80%51.60%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Broadcom Inc. (NASDAQ:AVGO). Most recently, on February 22nd, 2019, Cowen Downgrade a Market Perform rating. Before that, on December 7th, 2018, Charter Equity Upgrade to Buy. Cascend Securities Upgrade a Buy rating on December 7th, 2018, Craig Hallum Reiterated an Buy rating on December 7th, 2018, and Cowen Reiterated a Outperform rating on December 7th, 2018.

At its current price point, combined with the fact that this company has 398.08M shares outstanding, the current market capitalization sits at 106.77B. In the last trading day, 4,189,577 shares of Broadcom Inc. were traded, which compares to its usual volume of about 3.20M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $2.69 in the past five trading days, resulting in a percentage change of +1.01% and a moving average of 268.46. In the past 20 days, its price changed by -$13.12 (which is -4.66%) and the stock’s moving average was 274.51. Looking back a full 50 days, shares of AVGO changed by $13.92 (which is +5.47%) and demonstrated a moving average of 265.77.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 49.34%, a 14-day Stochastic %K score of 46.77% and a 20-day Stochastic %K score of 38.21%. Using a similar metric, Broadcom Inc. (AVGO) shares showed a Stochastic %D of 46.57% over the past 9 days, a Stochastic %D score of 41.37% over the last 14 days, and a 20-day Stochastic %D of 36.07%. Meanwhile, this stock’s MACD Oscillator was -0.44 over the past 9 days, -2.05 over the past two weeks, and -4.83 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $268.20 level. Over the past 12 months, this stock has experienced a high price of $286.63 and a low of $197.46. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Capital Research Management Co purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Broadcom Inc. (NASDAQ:AVGO) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 46,798,662 shares of the company’s stock following the addition of 4,234,197 to this investor’s holdings during the three-month period. This share count represents that Capital Research Management Co now held 11.82% stake in Broadcom Inc. (AVGO)’s shares.

Just in the most recent trading day, Broadcom Inc. (NASDAQ:AVGO) experienced a high price of $272.26 and low point of $267.8909. At the end of the last trading session, this stock was at 268.2 per share, following a gain of $0.88, or -1.11% during the full day.