Analysts expect over 2020 rising revenue Broadcom, quite high dividend

Broadcom will announce it's last quarter's results tomorrow. Over the current book year the total revenue will be 23,55 billion USD (consensus estimates). This is slightly more than 2019's revenue of 22,6 billion USD.

Historical revenues and results Broadcom plus estimates 2020

Broadcom Bunnik © Broadcom

The analysts expect for 2020 a net profit of 9,66 billion USD. According to most of the analysts the company will have a profit per share for this book year of 21,37 USD. The price/earnings-ratio therefore equals 17,55.

Huge dividend Broadcom

Per share the analysts expect a dividend of 12,16 USD per share. The dividend yield is then 3,24 percent. The average dividend yield of the semiconductor companies is a moderate 0,08 percent.

Newest target prices around 348 USD

The most recent recommendations for the semiconductor company are from Cowen and Company, UBS and Citigroup.

Based on the current number of outstanding shares Broadcom's market capitalization is 153 billion USD. The Broadcom stock was the past 12 months quite unstable. Since last September the stock is even 39 percent higher. This year the stock price moved between 156 and 379 dollar.

Historical stock prices Broadcom

Click here for dividend Broadcom. On Monday the stock closed at 375,01 USD.

Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.