Broadcom Inc. (AVGO) EPS Estimated At $4.18

August 12, 2018 - By Jason Dias

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.
Balasa Dinverno And Foltz Limited Liability, a Illinois-based fund reported 1,598 shares. First Bank Of Omaha reported 38,700 shares stake. Gemmer Asset Ltd Liability holds 127 shares or 0.01% of its portfolio. Wagner Bowman Mngmt Corp has invested 0.08% in Broadcom Inc. (NASDAQ:AVGO). Cibc Ww Markets Corporation invested in 134,755 shares or 0.34% of the stock. Mitchell Mcleod Pugh And Williams reported 2,908 shares stake. Vantage Advsr Ltd holds 0% or 12 shares. Eqis Mgmt invested 0.23% 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 3.30M 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. The stock of Broadcom Inc. (NASDAQ:AVGO) earned “Neutral” rating by Goldman Sachs on Wednesday, July 18. The stock of Broadcom Inc. (NASDAQ:AVGO) has “Buy” rating given on Tuesday, June 5 by J.P. Morgan. The stock has “Outperform” rating by Robert W. Baird on Tuesday, May 1. The stock of Broadcom Inc. (NASDAQ:AVGO) has “Overweight” rating given on Friday, March 16 by JP Morgan. Bernstein maintained Broadcom Inc. (NASDAQ:AVGO) rating on Tuesday, May 1. Bernstein has “Buy” rating and $31000 target. The firm has “Outperform” rating by Cowen & Co given on Thursday, May 17. The firm has “Buy” rating given on Friday, April 13 by Credit Suisse. KeyBanc Capital Markets maintained the shares of AVGO in report on Wednesday, July 25 with “Overweight” rating. The rating was downgraded by Raymond James to “Market Perform” on Friday, July 13. The stock of Broadcom Inc. (NASDAQ:AVGO) has “Buy” rating given on Friday, June 8 by Citigroup.

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: “Broadcom Shareholders: Don’t Worry, Be Happy” on July 17, 2018, also 247Wallst.com with their article: “Why Broadcom Already Should Ditch Its Planned CA Acquisition” published on July 18, 2018, Seekingalpha.com published: “Broadcom’s 17% Price Drop Is A Gift” on July 16, 2018. More interesting news about Broadcom Inc. (NASDAQ:AVGO) were released by: Nasdaq.com and their article: “NXP Semiconductors Should Enjoy a Bright Future Without Qualcomm” published on July 24, 2018 as well as Nasdaq.com‘s news article titled: “Broadcom Announces Production Availability of Industry’s First 100G Programmable Storage Adapter with NVMe-oF …” with publication date: August 07, 2018.

Broadcom Inc. (NASDAQ:AVGO) Ratings Chart

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