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

August 10, 2018 - By Kristen Paramore

Broadcom Inc. (NASDAQ:AVGO) LogoInvestors sentiment decreased to 0.67 in 2018 Q1. 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.
Gemmer Asset Management Ltd Liability Corp holds 0.01% or 127 shares. First Natl Bank Of Omaha holds 38,700 shares or 0.23% of its portfolio. Mitchell Mcleod Pugh & Williams holds 0.49% of its portfolio in Broadcom Inc. (NASDAQ:AVGO) for 2,908 shares. The Illinois-based Balasa Dinverno & Foltz Ltd Llc has invested 0.06% in Broadcom Inc. (NASDAQ:AVGO). Eqis Cap reported 0.23% of its portfolio in Broadcom Inc. (NASDAQ:AVGO). Vantage Investment Ltd Liability reported 0% in Broadcom Inc. (NASDAQ:AVGO). Wagner Bowman Management stated it has 1,266 shares. Cibc World Markets Corp reported 0.34% of its portfolio 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 10, 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 company was initiated on Wednesday, April 25 by Piper Jaffray. The stock has “Buy” rating by Canaccord Genuity on Tuesday, May 1. The firm has “Buy” rating given on Friday, April 13 by J.P. Morgan. On Tuesday, May 1 the stock rating was maintained by Robert W. Baird with “Outperform”. The rating was maintained by B. Riley & Co with “Buy” on Tuesday, May 1. The company was maintained on Monday, March 12 by BMO Capital Markets. Drexel Hamilton maintained Broadcom Inc. (NASDAQ:AVGO) rating on Friday, March 16. Drexel Hamilton has “Buy” rating and $313.0 target. Deutsche Bank maintained Broadcom Inc. (NASDAQ:AVGO) rating on Tuesday, May 1. Deutsche Bank has “Buy” rating and $310 target. The company was maintained on Friday, April 13 by Credit Suisse. Deutsche Bank maintained the stock with “Buy” rating in Thursday, March 15 report.

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’s 17% Price Drop Is A Gift” on July 16, 2018, also Nasdaq.com with their article: “Notable Monday Option Activity: AVGO, BCC, CVS” published on July 23, 2018, 247Wallst.com published: “Short Sellers Can’t Make Up Their Minds on Major Semiconductors” on August 10, 2018. More interesting news about Broadcom Inc. (NASDAQ:AVGO) were released by: 247Wallst.com and their article: “Why Broadcom Already Should Ditch Its Planned CA Acquisition” published on July 18, 2018 as well as Seekingalpha.com‘s news article titled: “Broadcom Shareholders: Don’t Worry, Be Happy” with publication date: July 17, 2018.

Broadcom Inc. (NASDAQ:AVGO) Ratings Chart

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