Broadcom Inc (NASDAQ:AVGO) shares, rose in value, with the stock price down by -2.24% to the previous day’s close as strong demand from buyers drove the stock to $175.26.
Actively observing the price movement in the recent trading, the stock is buoying the session at $179.27, falling within a range of $172.71 and $178.36. The value of beta (5-year monthly) is 1.03 whereas the PE ratio is 84.53 over 12-month period. Referring to stock’s 52-week performance, its high was $251.88, and the low was $119.76. On the whole, AVGO has fluctuated by -17.70% over the past month.
With the market capitalization of Broadcom Inc currently standing at about $824.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05. The company’s Forward Dividend Ratio is 2.23, with its dividend yield at 1.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 62.52B, with a low estimate of 14.89B and a high estimate of 15.39B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.95B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AVGO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.62, with the price of AVGO currently trading nearly -7.54% and -16.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.95, while the 7-day volatility ratio is showing 3.25% which for the 30-day chart, stands at 5.03%. Furthermore, Broadcom Inc (AVGO)’s beta value is 1.04, and its average true range (ATR) is 9.09.
A comparison of Broadcom Inc (AVGO) with its peers suggests the former has fared considerably weaker in the market. AVGO showed an intraday change of -2.24% in today’s session so far, and over the past year, it grew by 29.67%%.
Data on historical trading for Broadcom Inc (NASDAQ:AVGO) indicates that the trading volumes over the past 10 days have averaged 30.46 and over the past 3 months, they’ve averaged 30.37 million. According to company’s latest data on outstanding shares, there are 4.70 billion shares outstanding.
Nearly 2.00% of Broadcom Inc’s shares belong to company insiders and institutional investors own 77.06% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 54.39 million shares as on 2025-03-14, resulting in a short ratio of 1.65. According to the data, the short interest in Broadcom Inc (AVGO) stood at 131.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 50.73 million. The stock has fallen by -24.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AVGO stock heading into the next quarter.
