How to buy Broadcom (AVGO) shares in Australia
Learn how to easily invest in Broadcom shares.
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Broadcom Inc (AVGO) is a leading semiconductors business with stocks listed in the US. It opened the day at US$488.03 after a previous close of US$490.41. During the day the price has varied from a low of USD480.79 to a high of USD493.74. The latest price was USD485.81 (25 minute delay). Broadcom is listed on the NASDAQ. All prices are listed in US Dollars.
How to buy shares in Broadcom
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Broadcom. Find the share by name or ticker symbol: AVGO. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Broadcom reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$490.41, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Broadcom, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Broadcom. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Broadcom key stats
- Compare share trading platforms
- Is Broadcom stock a buy or sell?
- Broadcom performance over time
- Is Broadcom suitable for ethical investing?
- Are Broadcom shares over-valued?
- Broadcom's financials
- How volatile are Broadcom shares?
- Does Broadcom pay a dividend?
- Other common questions
Broadcom stock price (NASDAQ:AVGO)Use our graph to track the performance of AVGO stocks over time.
Broadcom shares at a glance
|52-week range||US$442.8658 - US$667.7286|
|50-day moving average||US$562.8982|
|200-day moving average||US$567.9227|
|Dividend yield||US$15.9 (3.31%)|
|Earnings per share (TTM)||US$20.19|
Compare trading apps to buy Broadcom shares
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Is it a good time to buy Broadcom stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Broadcom price performance over time
|1 week (2022-06-24)||-4.57%|
|1 month (2022-06-01)||-15.31%|
|3 months (2022-03-29)||-24.27%|
|1 year (2021-07-01)||3.44%|
|2 years (2020-07-01)||55.34%|
|3 years (2019-07-01)||61.75%|
|5 years (2017-06-30)||108.46%|
Stocks similar to Broadcom
Is Broadcom under- or over-valued?
Valuing Broadcom stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Broadcom's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Broadcom's P/E ratio
Broadcom's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Broadcom shares trade at around 25x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Broadcom's PEG ratio
Broadcom's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.889. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Broadcom's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Broadcom's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$16.9 billion (£13.9 billion).
The EBITDA is a measure of a Broadcom's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$30 billion|
|Operating margin TTM||37.67%|
|Gross profit TTM||US$20.3 billion|
|Return on assets TTM||9.59%|
|Return on equity TTM||39.71%|
|Market capitalisation||US$200.5 billion|
TTM: trailing 12 months
Broadcom's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Broadcom.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Broadcom's total ESG risk score
Total ESG risk: 23.54
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Broadcom's overall score of 23.54 (as at 01/01/2019) is pretty good – landing it in it in the 38th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Broadcom is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Broadcom's environmental score
Environmental score: 5.96/100
Broadcom's social score
Social score: 5.66/100
Broadcom's governance score
Governance score: 6.43/100
Broadcom's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Broadcom scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Broadcom hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||23.54|
|Total ESG percentile||38.46|
|Level of controversy||3|
Broadcom share dividends
Dividend payout ratio: 49.33% of net profits
Recently Broadcom has paid out, on average, around 49.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Broadcom shareholders could enjoy a 3.31% return on their shares, in the form of dividend payments. In Broadcom's case, that would currently equate to about $15.9 per share.
While Broadcom's payout ratio might seem fairly standard, it's worth remembering that Broadcom may be investing much of the rest of its net profits in future growth.
Broadcom's most recent dividend payout was on 30 June 2022. The latest dividend was paid out to all shareholders who bought their shares by 21 June 2022 (the "ex-dividend date").
Broadcom share price volatility
Over the last 12 months, Broadcom's shares have ranged in value from as little as US$442.8658 up to US$667.7286. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Broadcom's is 1.0522. This would suggest that Broadcom's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
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. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing merchant silicon products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic transmitter and receiver components. The company also offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; and optocouplers, industrial fiber optics, and motion control encoders and subsystems. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.
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