Broadcom (NASDAQ:AVGO) Posts Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Broadcom (NASDAQ:AVGO) posted its quarterly earnings data on Thursday. The semiconductor manufacturer reported $1.40 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.10), Zacks reports. Broadcom had a net margin of 11.43% and a return on equity of 28.00%. Broadcom updated its Q2 2025 guidance to EPS.

Broadcom Stock Down 6.3 %

Shares of AVGO traded down $12.13 during mid-day trading on Thursday, hitting $179.45. 51,832,171 shares of the company’s stock were exchanged, compared to its average volume of 29,617,768. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. Broadcom has a twelve month low of $119.76 and a twelve month high of $251.88. The firm has a fifty day moving average of $224.53 and a two-hundred day moving average of $192.64. The stock has a market cap of $841.15 billion, a price-to-earnings ratio of 146.37, a P/E/G ratio of 2.29 and a beta of 1.01.

Broadcom Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.59 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Broadcom’s previous quarterly dividend of $0.53. This represents a $2.36 dividend on an annualized basis and a yield of 1.32%. Broadcom’s payout ratio is 191.87%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Bank of America lifted their price target on Broadcom from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Morgan Stanley dropped their price target on shares of Broadcom from $265.00 to $246.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Citigroup raised their price objective on shares of Broadcom from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Broadcom from $190.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, Barclays raised their target price on shares of Broadcom from $205.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Three research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Broadcom currently has an average rating of “Moderate Buy” and a consensus target price of $225.04.

Insider Activity at Broadcom

In related news, Director Check Kian Low sold 48,000 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $235.35, for a total value of $11,296,800.00. Following the completion of the sale, the director now directly owns 113,050 shares in the company, valued at approximately $26,606,317.50. The trade was a 29.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Charlie B. Kawwas sold 40,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $231.98, for a total value of $9,279,200.00. Following the transaction, the insider now owns 696,730 shares in the company, valued at approximately $161,627,425.40. This trade represents a 5.43 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 191,278 shares of company stock valued at $44,964,800. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Broadcom stock. Brighton Jones LLC increased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 21.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 29,683 shares of the semiconductor manufacturer’s stock after purchasing an additional 5,322 shares during the period. Brighton Jones LLC’s holdings in Broadcom were worth $6,882,000 at the end of the most recent reporting period. 76.43% of the stock is owned by hedge funds and other institutional investors.

About Broadcom

Broadcom Inc designs, develops, and supplies various 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 operates in two segments, Semiconductor Solutions and Infrastructure Software.