Analysis Broadcom Inc. (0YXG)
6/5/2024
Analysis of Broadcom Inc. (0YXG)
Broadcom Inc. (0YXG) has been showing some interesting price movements recently. The stock closed at 1315.47 on June 4th, after opening at 1321.90. The Relative Strength Index (RSI) is at 43.57, indicating a neutral position. The Moving Average Convergence Divergence (MACD) is at 5.93, below the signal line of 16.82, with a negative histogram, suggesting a bearish trend.Looking at the moving averages, the Simple Moving Average (SMA) is at 1349.11, the Exponential Moving Average (EMA) is at 1346.41, and the Weighted Moving Average (WMA) is at 1356.88. These averages indicate a downward trend in the stock price.
Overall, based on the technical indicators, Broadcom Inc. seems to be in a bearish phase, with the potential for further downward movement in the near term. Investors may want to closely monitor the stock for any potential reversal or trend change.
Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive current ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and it has shown a positive return on assets and return on equity.
Looking at stock statistics, the company has a low short ratio and a significant percentage of shares held by institutions. The stock price has fluctuated between a fifty-two-week low and high, with a positive change over the period.
Valuation metrics show a relatively high PEG ratio and price-to-book ratio. The company's market capitalization and enterprise value are substantial, with moderate price-to-sales and enterprise-to-EBITDA ratios.
The stock price summary includes beta, moving averages, and the range of prices over the past year.
Lastly, dividends and splits information shows the company's dividend history, payout ratio, and dividend yield metrics. The company has a regular dividend payment schedule and has undergone a stock split in the past.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the cost of goods sold has also been rising, indicating a potential challenge in managing production or procurement costs.
3. The gross profit margin has remained relatively stable over the years, indicating that the company has been able to maintain profitability despite the increase in sales and cost of goods sold.
4. Operating income has also shown a positive trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020, indicating efficient management of operating expenses.
5. Net income has been increasing over the years, reaching $97 billion in 2023, showing that the company has been able to translate its revenue growth into bottom-line profitability.
6. Earnings per share (EPS) have also been increasing, indicating that the company's profitability growth is being distributed among shareholders.
7. The company has been able to generate consistent EBITDA, which reflects its operational performance and cash flow generation capabilities.
8. Overall, the financial performance of the company in terms of revenue and profitability has been positive and improving over the years.
Earnings
The company's results for the most recent quarter ending on April 30, 2025, have not been provided at this time. The previous results were reported on February 27, 2025, through the Transfer Agent. Before that, on January 31, 2025, the results were released after hours. The results for October 31, 2024, were not provided at the time. On August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Balance Sheet
These are balance sheets. Here are the conclusions based on the data provided:1. Total assets have been increasing over the years, reaching the highest value in 2023 at $352,583,000,000.
2. Current assets fluctuate from year to year, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have shown an increasing trend, with the highest value in 2023 at $209,017,000,000.
4. Total liabilities have also been increasing, reaching the highest value in 2023 at $290,437,000,000.
5. Shareholders' equity has been fluctuating, with the highest value in 2019 at $90,488,000,000.
6. The company has been relying more on non-current liabilities to finance its operations, as seen in the increasing trend over the years.
7. The company has been investing more in non-current assets, such as investments and advances, machinery, furniture, and equipment, which indicates potential long-term growth strategies.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has been consistently positive, indicating that the company's core business operations are generating cash.
3. The company has been paying a significant amount in income taxes each year, with the highest amount paid in 2021.
4. The end cash position has also varied, reaching its peak in 2020 and its lowest point in 2022.
5. Financing activities have had a major impact on the company's cash flow, with substantial amounts being used for common stock repurchases and debt issuances/payments.
6. Investing activities show significant fluctuations, especially in terms of acquisitions, investments, and capital expenditures.
7. Overall, the company's cash flow statement reflects a mix of operational, financing, and investing activities that have influenced its cash position over the years.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share (EPS), we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This represents an increase from the EPS of $1.17 reported a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. This is higher than the EPS of $1.35 reported in the same quarter last year.
3. For the current fiscal year ending on September 30, 2024, the average EPS estimate is $6.10, with a low estimate of $5.95 and a high estimate of $6.41. This shows growth from the EPS of $5.67 reported in the previous fiscal year.
4. Looking ahead to the next fiscal year ending on September 30, 2025, the average EPS estimate is $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This indicates a potential increase from the EPS of $6.10 expected for the current fiscal year.
Overall, the analysts' estimates suggest a positive outlook for the company's earnings per share, with expected growth in both the short term and the long term.
Revenue estimate
The analysts' estimates for the future quarterly and annual sales of the company indicate a moderate growth trend.For the current quarter ending on June 30, 2024, the average estimate is $77,545,400,000, representing a 2% increase from the same period last year. The number of analysts providing estimates is 25.
Looking at the next quarter ending on September 30, 2024, the average estimate is $85,501,800,000, with a sales growth of 3% compared to the previous year. The number of analysts remains at 25.
For the current fiscal year ending on September 30, 2024, the average estimate is $357,772,000,000, showing a 1% growth from the previous year. The number of analysts providing estimates has increased to 38.
In the following fiscal year ending on September 30, 2025, the average estimate is $380,772,000,000, indicating a more significant growth of 6% from the current fiscal year. The number of analysts remains at 38.
Overall, the estimates suggest a steady growth trajectory for the company's sales in the upcoming quarters and years, with a slightly more optimistic outlook for the next fiscal year.
Growth estimates
Based on the consensus estimates provided by analysts, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest that the company has been experiencing strong growth in the past, and analysts expect this growth to continue at a slightly lower but still healthy rate in the coming years.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $275
- Median: $201.43
- Average: $204.58
- Current price: $192.25
- Currency: USD
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median forecast above the current price. However, there is a wide range of forecasts, from a low of $164 to a high of $275, indicating some uncertainty in the market.
MACD of 0YXG
This is not investment advice. Remember to verify the information provided here.
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