Want to join the ranks of Broadcom investors? This guide provides information about this major electronics sales player that will help you find out if it's worth your while.
Broadcom limited is the market leader in electronic equipment and semiconductor and integrated circuit components. The strength of the company lies in its related business lines. Before buying Broadcom stock, take a look at its financial data and stock status.
Broadcom Limited is an American company specialized in the field of electronic components. It was founded in August 1991. Broadcom Corporation is composed of several companies that it has acquired gradually, including Brocade Communications Systems, Symantec. It is a public limited company with a public offering listed on the NASDAQ - AVGO.
Broadcom Limited is a firm that specializes in the study, design and development of elements, components of electronic circuits and analog, mixed signal and optoelectronic subsystems as well as the distribution and marketing of these components and analog subsystems.
The group's products include power amplifiers, radio frequency filters, encoders, optocouplers, and fiber optic transceivers, among others.
Breakdown of revenues by market type and country :
Revenues by market can be broken down as follows :
The geographical distribution of the turnover is as follows :
Broadcom's business is going strong and its products are in demand in many areas.
Financial information is critical to assessing Broadcom's financial health. The more reliable and accurate the data, the easier it is to decide whether to invest.
Below are the key figures of BrodCom's financial situation for the last three years as well as the forecast for 2021 and 2022.
Situations 2018 to 2020, value in millions of euros
Forecast 2021/2022 - value in millions of euros.
According to this data, the turnover has been steadily increasing over the last three years. General operating expenses remain stable. Net income, on the other hand, shows a sharp decline in 2019 compared to 2018 earnings. Without going into depth, Broadcom announced several acquisition intentions in 2018. This indicates that it was in its full capacity at the time.
Broadcom INC's share price on March 30, 2021 is $456.16. A regression of -3.48% is observed from the previous day's price. The one-year low is $219.68 and the high is $495.14. The gap between these two extreme parameters is very large.
In any case, the variation during March remains stable with a trading volume between 1,700,000 and 3,000,000.