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How to buy Broadcom stock in Canada | $506
Own Broadcom shares in just a few minutes.
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
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: AVGO in this case.
- Research Broadcom stocks. The platform should provide the latest information available.
- 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.
What's in this guide?
- Can I buy shares in Broadcom?
- Has coronavirus impacted Broadcom shares?
- Broadcom shares summary
- Compare share dealing platforms
- Is Broadcom stock a buy or sell?
- Broadcom performance over time
- Can I short Broadcom shares?
- 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
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 priceUse our graph to track the performance of AVGO stocks over time.
Broadcom stocks at a glance
|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|
|Dividend yield||$14.4 (2.84%)|
|Earnings per share (TTM)||$13.492|
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Note: The dollar amounts in the table below are in Canadian dollars.
Broadcom price performance over time
|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 (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.
|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%|
|Market capitalisation||USD$208.3 billion|
TTM: trailing 12 months
How to short and sell Broadcom stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "AVGO.US"
- Choose your position size.
- Select "sell" rather than "buy".
- 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
|Total ESG score||23.54|
|Total ESG percentile||38.46|
|Level of controversy||3|
Broadcom stock dividends
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".
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 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.
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Broadcom in the news
Upcoming Ex-Dividend Dates: September 21-October 4, 2021
Dividend Champion Highlights: Week Of September 19
You Can Still Buy This Value Stock Cheap
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