EPS for Broadcom Limited (AVGO) Expected At $3.92

Broadcom Beats Quarterly Sales, Earnings Targets; Shares Tick Up

They now have a $330.00 price target on the semiconductor manufacturer's stock, up from their prior price target of $290.00. Carroll Financial Associates Inc. now owns 593 shares of the semiconductor manufacturer's stock valued at $144,000 after acquiring an additional 220 shares in the last quarter. Visa Inc now has $248.98B valuation. Dividends are mostly given in terms of cash payments, property or as shares of stock. About 7.53M shares traded or 5.77% up from the average. Chembio Diagnostics, Inc. (NASDAQ:CEMI) has declined 22.25% since December 7, 2016 and is downtrending.

Broadcom Limited (AVGO) was also brought into the spotlight with a $2.24 rise. Therefore 96% are positive. Avago Technologies Limited had 162 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Tuesday, December 6 by Loop Capital.

Broadcom (NASDAQ:AVGO)'s stock had its "buy" rating reiterated by investment analysts at Craig Hallum in a research report issued on Thursday. Jefferies maintained Broadcom Limited (NASDAQ:AVGO) rating on Thursday, August 27. After $3.73 actual EPS reported by Broadcom Limited for the previous quarter, Wall Street now forecasts 5.09% EPS growth. The firm earned "Buy" rating on Wednesday, September 9 by Sterne Agee CRT. The company was maintained on Friday, June 3 by Mizuho. KeyBanc Capital Markets maintained Broadcom Limited (NASDAQ:AVGO) on Monday, August 21 with "Buy" rating.

Analysts await Sirius XM Holdings Inc. Canaccord Genuity has "Buy" rating and $27200 target. The company was maintained on Friday, June 2 by DA Davidson. The rating was upgraded by Wunderlich to "Hold" on Wednesday, July 29. The rating was initiated by UBS on Wednesday, December 16 with "Buy". AVGO's total short interest was 3.24 million shares in December as published by FINRA.

Broadcom Beats Quarterly Sales, Earnings Targets; Shares Tick Up

Broadcom raised its interim dividend by 72 percent quarter-on-quarter to Dollars 1.75 after revenues for its fourth quarter hit the high end of expectations and following a very strong fiscal 2017. 123 funds opened positions while 564 raised stakes. 4,875,100 shares of the company's stock traded hands, compared to its average volume of 2,777,329. 39,400 are owned by Pointstate Capital L P. San Francisco Sentry Invest Group (Ca) owns 61,588 shares. Archon Prns Lc has 2.21% invested in Visa Inc. Broadcom Limited has its outstanding Shares of 398.53 Million. (NYSE:V) for 234,377 shares. Vantage Investment Ltd Liability Co stated it has 12 shares. During the regular session, Broadcom rose 0.9% to 263.89. The net result, which includes the impact of discontinued operations, moved to a profit of Dollars 671 million or USD 1.50 per diluted share, from a loss the year earlier of 668 million, or 1.59 per diluted share. It has outperformed by 47.30% the S&P500.

Some buy side analysts are also providing their Analysis on Nielsen Holdings plc, where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 3 said it's a HOLD, and 0 analysts rated the stock as Sell. Royal Bank Of Canada reaffirmed a "buy" rating and issued a $285.00 target price (up from $270.00) on shares of Broadcom in a research report on Saturday, August 26th. Moreover, Cibc Ww Corp has 0.25% invested in Broadcom Limited (NASDAQ:AVGO) for 102,545 shares. Wagner Bowman Mgmt holds 0.08% of its portfolio in Broadcom Limited (NASDAQ:AVGO) for 1,248 shares.

Alabama-based Mitchell Mcleod Pugh Williams has invested 0.48% in Broadcom Limited (NASDAQ:AVGO). First Bankshares Of Omaha owns 38,700 shares. The semiconductor manufacturer reported $4.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $4.52 by $0.07. 16,082 were reported by Eqis Cap.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. The company has market cap of $116.02 billion. The company's P/E (price to earnings) ratio is 26.75 and Forward P/E ratio of 14.44. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.



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