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How to buy Broadcom stock in Canada | $506

Own Broadcom shares in just a few minutes.

Broadcom Inc
NASDAQ: AVGO - USD
SEMICONDUCTORS
$506.00
- $1.35 ( - 0.27%)

Broadcom is a semiconductors business based in the US. Broadcom stocks (AVGO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $493.49 – an increase of 1.41% over the previous week. Broadcom employs 21,000 staff and has a trailing 12-month revenue of around $26.5 billion.

How to buy Broadcom stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: AVGO in this case.
  5. Research Broadcom stocks. The platform should provide the latest information available.
  6. Buy your Broadcom stocks. It's that simple.

Is it a good time to buy Broadcom stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

How has Coronavirus impacted Broadcom's stock price?

Since the stock market crash in March caused by coronavirus, Broadcom's stock price has had significant positive movement.

Its last market close was $506, which is 39.82% up on its pre-crash value of $304.5 and 225.05% up on the lowest point reached during the March crash when the stocks fell as low as $155.67.

If you had bought $1,000 worth of Broadcom stocks at the start of February 2020, those stocks would have been worth $634.58 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,659.68.

Broadcom stock price

Use our graph to track the performance of AVGO stocks over time.

Broadcom stocks at a glance

Information last updated 2021-09-17.
Latest market close$506
52-week range$335.3117 - $510.7
50-day moving average $489.018
200-day moving average $471.297
Wall St. target price$552.66
PE ratio 37.5037
Dividend yield $14.4 (2.84%)
Earnings per share (TTM) $13.492

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Broadcom price performance over time

Historical closes compared with the last close of $506

1 week (2021-09-13) 1.41%
1 month (2021-08-20) 6.49%
3 months (2021-06-18) 9.17%
6 months (2021-03-19) 6.65%
1 year (2020-09-18) 40.66%
2 years (2019-09-20) 78.01%
3 years (2018-09-20) 106.59%
5 years (2016-09-20) 200.78%

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 38x. In other words, Broadcom stocks trade at around 38x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-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 1.1592. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.

Broadcom's EBITDA

Broadcom's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$13.9 billion.

The EBITDA is a measure of a Broadcom's overall financial performance and is widely used to measure a its profitability.

Broadcom financials

Revenue TTM USD$26.5 billion
Operating margin TTM 28.84%
Gross profit TTM USD$17.4 billion
Return on assets TTM 6.16%
Return on equity TTM 25.32%
Profit margin 22.9%
Book value $59.078
Market capitalisation USD$208.3 billion

TTM: trailing 12 months

How to short and sell Broadcom stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "AVGO.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 4.5 million Broadcom stocks held short by investors – that's known as Broadcom's "short interest". This figure is 5% down from 4.7 million last month.

There are a few different ways that this level of interest in shorting Broadcom stocks can be evaluated.

Broadcom's "short interest ratio" (SIR)

Broadcom's "short interest ratio" (SIR) is the quantity of Broadcom stocks currently shorted divided by the average quantity of Broadcom stocks traded daily (recently around 1.2 million). Broadcom's SIR currently stands at 3.71. In other words for every 100,000 Broadcom stocks traded daily on the market, roughly 3710 stocks are currently held short.

However Broadcom's short interest can also be evaluated against the total number of Broadcom stocks, or, against the total number of tradable Broadcom stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Broadcom's short interest could be expressed as 0.01% of the outstanding stocks (for every 100,000 Broadcom stocks in existence, roughly 10 stocks are currently held short) or 0.011% of the tradable stocks (for every 100,000 tradable Broadcom stocks, roughly 11 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Broadcom.

Find out more about how you can short Broadcom stock.

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

Broadcom Inc was last rated for ESG on: 2019-01-01.

Total ESG score 23.54
Total ESG percentile 38.46
Environmental score 5.96
Social score 5.66
Governance score 6.43
Level of controversy 3

Broadcom stock dividends

54%

Dividend payout ratio: 54.26% of net profits

Recently Broadcom has paid out, on average, around 54.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.84% 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 2.84% return on their shares, in the form of dividend payments. In Broadcom's case, that would currently equate to about $14.4 per share.

Broadcom's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Broadcom's most recent dividend payout was on 30 September 2021. The latest dividend was paid out to all shareholders who bought their stocks by 21 September 2021 (the "ex-dividend date").

Broadcom stock price volatility

Over the last 12 months, Broadcom's stocks have ranged in value from as little as $335.3117 up to $510.7. A popular way to gauge a stock's volatility is its "beta".

AVGO.US volatility(beta: 0.96)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Broadcom's is 0.9558. This would suggest that Broadcom's stocks are less volatile than average (for this exchange).

Broadcom overview

Broadcom Inc. designs, develops, and supplies semiconductor infrastructure software solutions. It offers 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's infrastructure software solutions enable customers to plan, develop, automate, manage, and secure applications across mainframe, distributed, mobile, and cloud platforms. It operates through two segments, Semiconductor Solutions and Infrastructure Software. The company was incorporated in 2018 and is based in San Jose, California.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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