EPS for Broadcom Inc. (AVGO) Expected At $4.18

August 12, 2018 - By Benjamin Allen

Broadcom Inc. (NASDAQ:AVGO) LogoInvestors sentiment decreased to 0.67 in Q1 2018. Its down 1.00, from 1.67 in 2017Q4. It fall, as 1 investors sold Broadcom Inc. shares while 2 reduced holdings. 0 funds opened positions while 2 raised stakes. 198,376 shares or 0.33% more from 197,722 shares in 2017Q4 were reported.
Moreover, Wagner Bowman Management Corporation has 0.08% invested in Broadcom Inc. (NASDAQ:AVGO). Pennsylvania-based Vantage Advsr Lc has invested 0% in Broadcom Inc. (NASDAQ:AVGO). First Fincl Bank Of Omaha holds 0.23% or 38,700 shares. The Illinois-based Balasa Dinverno Foltz Limited Liability Company has invested 0.06% in Broadcom Inc. (NASDAQ:AVGO). Cibc Markets has invested 0.34% of its portfolio in Broadcom Inc. (NASDAQ:AVGO). Gemmer Asset Management Ltd Liability has 127 shares. 19,010 are held by Eqis Mgmt Inc. Mitchell Mcleod Pugh Williams has 0.49% invested in Broadcom Inc. (NASDAQ:AVGO).

Analysts expect Broadcom Inc. (NASDAQ:AVGO) to report $4.18 EPS on August, 23.They anticipate $0.45 EPS change or 12.06 % from last quarter’s $3.73 EPS. AVGO’s profit would be $1.75B giving it 12.69 P/E if the $4.18 EPS is correct. After having $4.38 EPS previously, Broadcom Inc.’s analysts see -4.57 % EPS growth. The stock decreased 2.01% or $4.35 during the last trading session, reaching $212.23. About 3.30 million shares traded. Broadcom Inc. (NASDAQ:AVGO) has risen 3.81% since August 13, 2017 and is uptrending. It has underperformed by 8.76% the S&P500.

Broadcom Inc. (NASDAQ:AVGO) Ratings Coverage

Among 36 analysts covering Broadcom Ltd (NASDAQ:AVGO), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Broadcom Ltd had 60 analyst reports since February 20, 2018 according to SRatingsIntel. On Friday, April 13 the stock rating was maintained by Credit Suisse with “Buy”. As per Thursday, July 12, the company rating was downgraded by Evercore. Nomura maintained it with “Neutral” rating and $225 target in Thursday, July 12 report. The stock of Broadcom Inc. (NASDAQ:AVGO) earned “Neutral” rating by FBR Capital on Thursday, July 12. Canaccord Genuity maintained it with “Buy” rating and $340.0 target in Thursday, March 15 report. As per Tuesday, May 1, the company rating was maintained by Bernstein. The firm has “Buy” rating by FBR Capital given on Friday, June 8. On Thursday, May 17 the stock rating was reinitiated by Cowen & Co with “Outperform”. Deutsche Bank maintained the shares of AVGO in report on Thursday, March 15 with “Buy” rating. The company was maintained on Tuesday, May 1 by Canaccord Genuity.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company has market cap of $88.75 billion. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. It has a 8 P/E ratio. The Wired Infrastructure segment provides set-top box system-on-chips ; cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Ethernet switching and routing application products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic laser and receiver components.

More notable recent Broadcom Inc. (NASDAQ:AVGO) news were published by: Seekingalpha.com which released: “Is Tesla Your First Choice For Near-Term Wealth Building, Or Is Broadcom?” on July 23, 2018, also Seekingalpha.com with their article: “Broadcom Shareholders: Don’t Worry, Be Happy” published on July 17, 2018, Seekingalpha.com published: “Your 52 Top Yield, Upside, And Net Gain Nasdaq Stocks For July” on July 16, 2018. More interesting news about Broadcom Inc. (NASDAQ:AVGO) were released by: Nasdaq.com and their article: “Notable Monday Option Activity: AVGO, BCC, CVS” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “Broadcom’s 17% Price Drop Is A Gift” with publication date: July 16, 2018.

Broadcom Inc. (NASDAQ:AVGO) Ratings Chart

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