Stock To Watch: Broadcom Corporation (NASDAQ:BRCM)


The leading market experts have placed a mean price target of $55.78 on Broadcom Corporation (NASDAQ:BRCM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.00 a share for the upcoming quarter and $2.83 for the current fiscal. Technical View The technical analysis of Broadcom Corporation plainly substantiates that the 50-day moving average of Broadcom Corporation is $55.63, and stock is hovering -0.96 or -1.73% distant from $55.63. It is noted that the 200-day MA is $52.95, and Broadcom Corporation stock is $1.72 or +3.24% off from this point. Broadcom Corporation (NASDAQ:BRCM) 52-week high is $58.51 and the 52-week low is $41.28. This explains if the stock moves $-3.84, it will post a 52-week high. In event of $+32.44% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Broadcom Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Broadcom Corporation (NASDAQ:BRCM) ratio came in at N/A. The stock last ended the trading session at $54.67 and registered a market cap of $N/A. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Broadcom Corporation (NASDAQ:BRCM) PEG ratio is at 0.00.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 20 times, 1 visits today)