Analysts See $3.92 EPS for Broadcom Limited (AVGO)

Analysts See $3.92 EPS for Broadcom Limited (AVGO)

The company has market cap of $88.69 million. The firm broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. 39,400 are owned by Pointstate Capital L P. San Francisco Sentry Invest Group (Ca) owns 61,588 shares. The Illinois-based Bruce & Co.

The stock increased 2.20% or $5.8075 during the last trading session, reaching $269.6975. Croft reported 47,994 shares.

Ratings analysis reveals 38% of Sirius XM Radio's analysts are positive. Jefferies maintained Broadcom Limited (NASDAQ:AVGO) rating on Friday, June 3. At the moment, the stock is trading for about -4.74% less than its 52-week high. The shares were sold at an average price of $244.01, for a total value of $7,320,300.00. The rating was initiated by Bernstein with "Outperform" on Wednesday, October 5. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base.

In other Broadcom news, SVP Bryan Ingram sold 30,000 shares of the firm's stock in a transaction that occurred on Thursday, September 14th. The stock has "Buy" rating by Bank of America on Friday, July 21.

Among 39 analysts covering Visa Inc. (NASDAQ:SIRI) to report earnings on February, 1. SIRI's profit will be $183.84M for 35.00 P/E if the $0.04 EPS becomes a reality. Ten analysts have made estimates for Broadcom's earnings, with the lowest sales estimate coming in at $4.1 billion and the highest estimate coming in at $4.12 billion. About 5 shares traded. Sirius XM Holdings Inc. Therefore, ROE for Broadcom Limited, AVGO is 2.70%. First Bancshares Of Omaha has invested 0.24% in Broadcom Limited (NASDAQ:AVGO). Analysts expected earnings of $4.51 a share on sales of $4.82 billion, according to Zacks Investment Research. The stock has "Buy" rating by Keefe Bruyette & Woods on Thursday, June 8. The rating was maintained by Canaccord Genuity on Friday, May 26 with "Buy". The company said on Monday it planned to field a slate of 11 nominees to Qualcomm's board, its first formal move towards a hostile bid for the US chipmaker. On Thursday, August 10 the stock rating was maintained by RBC Capital Markets with "Buy". RBC Capital Markets has "Top Pick" rating and $190 target. The firm earned "Buy" rating on Friday, August 25 by Mizuho. The company presently has a consensus rating of "Buy" and an average price target of $228.54.

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Investors sentiment is 1 in Q2 2017. Its the same as in 2017Q1. During the same period last year, the business posted $3.47 EPS. sell-side analysts expect that Broadcom will post 13.93 earnings per share for the current year. Morgan Stanley reaffirmed an "overweight" rating and set a $245.00 target price on shares of Broadcom in a research report on Monday, April 10th. The semiconductor manufacturer reported $4.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $4.52 by $0.07.

Cowen upped the price target of Broadcom (NASDAQ:AVGO) to $320.00 indicating a possible upside of 0.21%. First Republic Investment Management Inc. owned 0.07% of Broadcom worth $72,574,000 as of its most recent SEC filing. Broadcom makes up approximately 1.8% of M&R Capital Management Inc.'s portfolio, making the stock its 14th biggest holding. Balasa Dinverno & Foltz Llc accumulated 1,640 shares or 0.06% of the stock. Wagner Bowman Mgmt holds 0.08% of its portfolio in Broadcom Limited (NASDAQ:AVGO) for 1,248 shares.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. It focuses on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.

With an estimated value of 25.55 for 2017, Broadcom Limited has a P/E ratio of 216.84. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

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