In the past week, AVGO stock has gone up by 5.85%, with a monthly decline of -5.02% and a quarterly surge of 34.28%. The volatility ratio for the week is 3.24%, and the volatility levels for the last 30 days are 3.86% for Broadcom Inc The simple moving average for the last 20 days is 2.85% for AVGO stock, with a simple moving average of 43.10% for the last 200 days.
Is It Worth Investing in Broadcom Inc (NASDAQ: AVGO) Right Now?
Broadcom Inc (NASDAQ: AVGO) has a price-to-earnings ratio that is above its average at 194.77x. The stock has a 36-month beta value of 1.05. Opinions on the stock are mixed, with 30 analysts rating it as a “buy,” 8 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for AVGO is 4.59B, and at present, short sellers hold a 1.24% of that float. On January 20, 2025, the average trading volume of AVGO was 28.54M shares.
AVGO) stock’s latest price update
Broadcom Inc (NASDAQ: AVGO)’s stock price has increased by 3.50 compared to its previous closing price of 229.41. However, the company has seen a 5.85% increase in its stock price over the last five trading sessions. investors.com reported 2025-01-18 that Broadcom and Goldman Sachs lead this weekend’s watchlist of stocks that are just above traditional or early buy points. The post Broadcom, Goldman Sachs Lead 5 Stocks In Buy Areas With This Bullish Base appeared first on Investor’s Business Daily.
Analysts’ Opinion of AVGO
Many brokerage firms have already submitted their reports for AVGO stocks, with TD Cowen repeating the rating for AVGO by listing it as a “Buy.” The predicted price for AVGO in the upcoming period, according to TD Cowen is $240 based on the research report published on December 13, 2024 of the previous year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see AVGO reach a price target of $220, previously predicting the price at $190. The rating they have provided for AVGO stocks is “Outperform” according to the report published on October 14th, 2024.
AVGO Trading at 19.19% from the 50-Day Moving Average
After a stumble in the market that brought AVGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.73% of loss for the given period.
Volatility was left at 3.86%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares sank -1.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.87% upper at present.
During the last 5 trading sessions, AVGO rose by +5.85%, which changed the moving average for the period of 200-days by +77.36% in comparison to the 20-day moving average, which settled at $230.87. In addition, Broadcom Inc saw 2.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AVGO starting from HARTENSTEIN EDDY W, who sale 4,000 shares at the price of $229.64 back on Jan 08 ’25. After this action, HARTENSTEIN EDDY W now owns 46,400 shares of Broadcom Inc, valued at $918,548 using the latest closing price.
Low Check Kian, the Director of Broadcom Inc, sale 48,000 shares at $235.35 during a trade that took place back on Jan 06 ’25, which means that Low Check Kian is holding 113,050 shares at $11,296,800 based on the most recent closing price.
Stock Fundamentals for AVGO
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.6 for the gross margin
The net margin for Broadcom Inc stands at 0.11. The total capital return value is set at 0.1. Equity return is now at value 13.46, with 5.17 for asset returns.
Based on Broadcom Inc (AVGO), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 1.0. The interest coverage ratio of the stock is 4.78.
Currently, EBITDA for the company is 23.72 billion with net debt to EBITDA at 2.44. When we switch over and look at the enterprise to sales, we see a ratio of 22.71. The receivables turnover for the company is 11.68for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
To sum up, Broadcom Inc (AVGO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
