Broadcom Ltd (AVGO) Tops Profit, Revenue Expectations

Investors sentiment is 1 in 2017 Q2. Its the same as in 2017Q1. It is the same, as 0 investors sold Broadcom Limited shares while 3 reduced holdings. only 0 funds opened positions while 3 raised stakes.

Many analysts are providing their Estimated Earnings analysis for Broadcom Limited and for the current quarter 26 analysts have projected that the stock could give an Average Earnings estimate of $4.52/share. Maryland-based Wagner Bowman has invested 0.08% in Broadcom Limited (NASDAQ:AVGO). Cowen & Co maintained Broadcom Limited (NASDAQ:AVGO) rating on Friday, December 9. Vantage Advisors Ltd Co owns 12 shares. First State Bank Of Omaha owns 38,700 shares. Gemmer Asset Mngmt Ltd Liability Corporation holds 0.01% or 94 shares in its portfolio. 16,550 are owned by Scott Selber Incorporated. Wagner Bowman Management has invested 0.08% in Broadcom Limited (NASDAQ:AVGO). For the next 5 years, Broadcom Limited is expecting Growth of 20% per annum, whereas in the past 5 years the growth was 54.28% per annum. CWA Asset Management Group LLC now owns 1,917 shares of the semiconductor manufacturer's stock worth $447,000 after purchasing an additional 17 shares during the last quarter. The institutional investor owned 3,580 shares of the semiconductor manufacturer's stock after selling 150 shares during the period. Broadcom Limited AVGO has a Forward P/E ratio of 14.66 with a PEG of 10.83 and a P/S value of 6.21. It has outperformed by 47.30% the S&P500. Scott And Selber holds 2.33% of its portfolio in Broadcom Limited (NASDAQ:AVGO) for 16,550 shares. Therefore 96% are positive. Avago Technologies Limited had 155 analyst reports since August 4, 2015 according to SRatingsIntel. Five investment analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has issued a strong buy rating to the company. BMO Capital Markets assumed coverage on Broadcom in a report on Monday, November 20th. The company presently has a consensus rating of "Buy" and a consensus target price of $234.16. Broadcom Limited (NASDAQ:AVGO) has risen 64.00% since December 6, 2016 and is uptrending. The firm now has an "outperform" rating on the semiconductor manufacturer's stock. The firm has "Market Perform" rating given on Thursday, October 6 by Wells Fargo. The rating has been shown in a report on 4 December. The company had Year Ago Sales of 4.15 Billion.

Progressive Corp (PGR) Shares Bought by Norinchukin Bank The
The Illinois-based Blair William & Commerce Il has invested 0.14% in International Business Machines Corporation (NYSE:IBM). The investor is now holding $23.62 million shares due in part to a decrease of 1.07 million new shares in their portfolio.

Broadcom Limited is a designer, developer and global supplier of a range of semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS)-based devices and analog III-V based products. The current P/E Ratio for Broadcom Limited AVGO is valued at 216.61 that allows investors an understanding on the calculation of the market value of Broadcom Limited relative to its earnings.

Revenue by segment: Wired infrastructure, $2.146B (up 3%); Wireless communications, $1.796B (up 33%); Enterprise storage, $645M (up 15%); Industrial and other, $257M (up 66%).

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