Четверг, 14 Декабря, 2017

Could Broadcom Limited Ord (NASDAQ:AVGO) Change Direction After Less Shorts?

Broadcom profit beats as Qualcomm takeover fight intensifies Stock under Analysis: Broadcom Limited (AVGO)
Kayla Schwartz | 08 Декабря, 2017, 02:06

On back of even higher confidence following robust execution for the quarter, the analyst reiterates a Buy rating on AVGO stock while lifting the price target from $313 to $317, which represents a 15% increase from current levels.

According to Zacks, analysts expect that Broadcom will report full-year sales of $4.1 billion for the current year, with estimates ranging from $16.5 billion to $17.44 billion. The company was maintained on Friday, June 2 by DA Davidson. RBC Capital Markets maintained the shares of AVGO in report on Thursday, August 10 with "Buy" rating. Craig Hallum restated a buy rating on shares of Broadcom in a report on Wednesday, September 13th. As per Tuesday, October 25, the company rating was maintained by UBS. Jefferies maintained Broadcom Limited (NASDAQ:AVGO) rating on Thursday, August 27. Canaccord Genuity has "Buy" rating and $27200 target. KeyBanc Capital Markets maintained Broadcom Limited (NASDAQ:AVGO) on Monday, August 21 with "Buy" rating. Finally, Susquehanna Bancshares raised their target price on Broadcom from $300.00 to $325.00 and gave the stock a "positive" rating in a report on Wednesday. The rating was initiated by Gabelli on Friday, September 18 with "Buy".

With a total market value of $0, Broadcom has price-earnings ratio of 192.61 with a one year low of $160.62 and a one year high of $259.36. AVGO's total short interest was 3.24M shares in December as published by FINRA. During the same quarter in the previous year, the firm earned $3.47 earnings per share. The SI to Chembio Diagnostics Incorporated's float is 1.08%.

While looking at the Stock's Performance, Nielsen Holdings plc now shows a Weekly Performance of 1.01%, where Monthly Performance is 2.69%, Quarterly performance is -2.95%, 6 Months performance is -0.08% and yearly performance percentage is -10.8%. About 5 shares traded. Visa Inc. (NYSE:V) has risen 20.29% since December 7, 2016 and is uptrending. It has underperformed by 38.95% the S&P500.

The company during the last trade was able to reach a volume of 4.68 million shares. The companyÂ's products include lateral flow rapid HIV tests and Dual Path Platform (DPP) HIV 1/2 Assay Test, which detect antibodies to HIV 1 and 2 with visually interpreted results; a DPP HIV-Syphilis multiplex test for the detection of antibodies to HIV and syphilis; and a test for the detection of Hepatitis-C.

Broadcom raised its interim dividend by 72 percent quarter-on-quarter to United States dollars 1.75 after revenues for its fourth quarter hit the high end of expectations and following a very strong fiscal 2017. Its the same as in 2017Q1. Currently Broadcom Limited (NASDAQ:AVGO)'s shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 91.20%. 179,559 shares or 50.22% more from 119,529 shares in 2017Q1 were reported. First Republic Investment Management Inc. owned 0.07% of Broadcom worth $72,574,000 as of its most recent SEC filing.

Читайте также: Overwatch's Winter Wonderland event returns December 12

Alabama-based Mitchell Mcleod Pugh Williams has invested 0.48% in Broadcom Limited (NASDAQ:AVGO). Balasa Dinverno & Foltz Llc accumulated 1,640 shares or 0.06% of the stock. Gemmer Asset Mgmt holds 0.01% or 94 shares in its portfolio.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Wednesday, March 1st.

Broadcom says it will continue to target long-term annual revenue growth of 5%, but raise its target for non-GAAP gross margin to 65% and for non-GAAP operating margin to 47.5%. AVGO's profit would be $1.69B giving it 16.83 P/E if the $3.92 EPS is correct.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. The company had Year Ago Sales of 1.66 Billion.

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued.

Broadcom makes chips for wired and wireless communications, enterprise storage, and industrial markets.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Recommended

  • Stipe Miocic Vs Francis Ngannou Set For UFC 220 In January

    Stipe Miocic Vs Francis Ngannou Set For UFC 220 In January

    With her unanimous decision win, the new UFC champion makes her top-10 debut at No. 7, while Modafferi falls four spots to eighth. Most recently, he briefly disconnected Alistair Overeem from the mortal plain with a thunderous uppercut.
    Serena 'very likely' to defend Australian Open title

    Serena 'very likely' to defend Australian Open title

    Williams is just one Grand Slam title away from matching the record of 24 set by Margaret Court. At that point, Williams was practicing and Mouratoglou would soon join her in Florida.
    Delta plane diverted hundreds of miles for potty break

    Delta plane diverted hundreds of miles for potty break

    Travelers were escorted to the terminal so the plane could be serviced and refueled for takeoff. Correction: A lot of passengers had to go "really bad", according to a Delta report .
  • Arizona GOP Rep. Trent Franks will resign, sources say

    Arizona GOP Rep. Trent Franks will resign, sources say

    Franks was seen huddling with fellow Republicans on the floor of the House Thursday, in what appeared to be a prayer circle. The general election must be held no less than 50 and no more than 60 days after the primary.
    Blackrock INC Increased Holding in Disney Walt Co (DIS)

    Blackrock INC Increased Holding in Disney Walt Co (DIS)

    Private Management Group Inc holds 1.3% of its portfolio in Consolidated Communications Holdings, Inc. for 1.11 million shares. The stock of The Walt Disney Company (NYSE: DIS ) has "Buy" rating given on Monday, August 14 by RBC Capital Markets.
    Ed Sheeran receives royal honor from Prince Charles

    Ed Sheeran receives royal honor from Prince Charles

    Sheeran's "New York concert" tomorrow (Dec. 8) is the Z100 Jingle Ball at Madison Square Garden. The 26-year-old was presented with the honour from Prince Charles at Buckingham Palace .
  • Serena Williams Reveals She Gets 'Emotional' Thinking About Ending Breastfeeding

    Serena Williams Reveals She Gets 'Emotional' Thinking About Ending Breastfeeding

    Her sister, Venus Williams , was involved in a June crash that killed a 78-year-old man. And just last month, she married Reddit co-founder Alexis Ohanian .
    London Mayor Calls for UK Apology Over Jallianwala Bagh Massacre

    London Mayor Calls for UK Apology Over Jallianwala Bagh Massacre

    Mr Khan was also presented with a Siropa (robe of honour) by the officials of the Shiromani Gurdwara Parbandhak Committee (SGPC). Sadiq Khan visited Jallianwala Bagh memorial in the city of Amritsar during his 6-day trade mission to India and Pakistan .
    First 2 flu-related deaths of season in Washoe County

    First 2 flu-related deaths of season in Washoe County

    Symptoms include fever, headache, extreme tiredness, dry cough, sore throat, runny or stuffy nose and muscle aches. It can affect one's upper respiratory system, which starts at the sinuses and ends at the vocal chords.
  • Yahoo and Mozilla in the court

    Yahoo and Mozilla in the court

    The price tag was reduced by $350 million following an admission to a pair of hacks that exposed over 1 billion accounts. Mozilla cites third-party data that asserts that during the term of the agreement, Firefox lost market share to Chrome.
    76ers near deal to send Jahlil Okafor to Brooklyn

    76ers near deal to send Jahlil Okafor to Brooklyn

    Booker, a seven-year veteran out of Clemson, is averaging 10.1 points and 6.6 rebounds in 18 games. The Brooklyn Nets will release guard Sean Kilpatrick , reports The Vertical's Shams Charania .
    Camila Cabello Makes Florals Look Fierce On Her Solo Album's New Cover

    Camila Cabello Makes Florals Look Fierce On Her Solo Album's New Cover

    The album will follow just over a year after the Cuban-American singer-songwriter announced her departure from the girl group. Camila has definitely been on a hot streak, giving fans tons of new content ahead of the release of her album on January 12.

Military Appoints New Theatre Commander Removes Army General Leading Against Boko Haram Military Appoints New Theatre Commander Removes Army General Leading Against Boko Haram The Boko Haram insurgency, which began in 2009, has left at least 20,000 dead and made more than two million others homeless. The former theatre commander, who was deployed to Army Headquarters, is to now serve as deputy Chief of Policy and Planning.

Scharf Investments LLC Holds Stake in Dollar Gen Corp New (DG) Scharf Investments LLC Holds Stake in Dollar Gen Corp New (DG) Dollar General still plans to open about 1,285 new stores, as well as remodeling or relocating 760 locations, in fiscal 2017. The stock of Dollar General Corporation (NYSE:DG) has "Outperform" rating given on Monday, April 4 by Macquarie Research.

Pearl Harbor attack recalled in solemn Norco ceremony Pearl Harbor attack recalled in solemn Norco ceremony Missouri, and Pearl Harbor memorials can be seen behind them in the harbor. Almost half of the American casualties that morning were aboard the U.S.S.

IIHS Taps 64 Models as Top Safety Picks for 2018 IIHS Taps 64 Models as Top Safety Picks for 2018 The IIHS is putting more focus on passenger safety this year with the addition of a new small-overlap front passenger crash test. Every year, the Insurance Institute for Highway Safety names only a handful of vehicles with its Top Safety Pick + honor.

Rep. John Lewis: Trump is an 'insult' to civil rights event Rep. John Lewis: Trump is an 'insult' to civil rights event Bernie Thompson, a Mississippi Democrat, also will not attend, and released a joint statement with Lewis on Thursday. He said he planned to boycott the inauguration for the first time in three decades, which he did.

Burnley boss Sean Dyche: 'No timescale on Robbie Brady return' Burnley boss Sean Dyche: 'No timescale on Robbie Brady return' Brady has just been nominated for the Premier League's Player of the Month award after helping Burnley to three wins from four games, scoring the victor in a 2-1 win over Bournemouth.

Everton to pitch youngsters into Limassol clash Everton to pitch youngsters into Limassol clash Kenny believes Everton's improvement in recent games proves the players have all taken to Allardyce's style. The Toffees , already eliminated from the competition, face Apollon Limassol in Nicosia this evening.

Karan Johar, Rohit Shetty and Ranveer Singh Join Hands for #Simmba Karan Johar, Rohit Shetty and Ranveer Singh Join Hands for #Simmba Presented by Karan Johar , it was announced earlier today that Simmba has been locked for a release on December 28 next year. Clarifying that in an interview, Rohit stated that remake of the classic movie will not be happening anytime soon.

Atlanta news anchor responds on-air to being called racial slur Atlanta news anchor responds on-air to being called racial slur On Dec. 5, 2017, you think it's okay to call this journalist a 'n--'", she said, the slur going uncensored. Kathyrae192 wrote. "you are what I call a N****r not a black person. you are what's wrong with the world".

R. Kelly Burglars Empty ATL Homes ... Cops ID a Suspect R. Kelly Burglars Empty ATL Homes ... Cops ID a Suspect Completely wiped clean, almost everything was taken including furniture, electronics and other property, TMZ reports . Since Walker had done work in the past for Kelly before, the men said they thought that everything was above board.

How to Set Up and Use Apple Pay Cash on Your iPhone How to Set Up and Use Apple Pay Cash on Your iPhone You'll have to confirm your legal name and address and type in the last four digits of your Social Security number. But the company delayed its launch until the release of iOS 11.2, which became available over the weekend.

US troops may become targets after US Jerusalem decision - Iraqi paramilitary group US troops may become targets after US Jerusalem decision - Iraqi paramilitary group The alert, posted on December 6, is a " worldwide caution " that asks USA citizens to be on high-alert when traveling. The Palestinians want the eastern sector as the capital of their future state.

Israel strikes Gaza, no injured Israel strikes Gaza, no injured Rallies, demonstrations and protests dominated the West Bank, East Jerusalem and the Gaza Strip against Trump's declaration. The IDF blasted back at Hamas positions in the Gaza Strip Thursday evening, following Palestinian rocket fire at Israel .

Anheuser-Busch (Budweiser) Pre-Orders 40 Tesla Semi Trucks Anheuser-Busch (Budweiser) Pre-Orders 40 Tesla Semi Trucks The performance of firm for the quarter recorded as 14.83% and for year stands at -2.39%, while the YTD performance was -8.73%. The consumer goods maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $1.03 by $0.60.

Russian Federation just declared the defeat of ISIS in eastern Syria Russian Federation  just declared the defeat of ISIS in eastern Syria The Britain-based Syrian Observatory for Human Rights says 21 civilians were killed, among them 9 children. The Syrian troops are now demining the settlements previously occupied by IS terrorists.