Broadcom Inc (AVGO) Files 10-K for the Fiscal Year Ended on October 31, 2018

Broadcom Inc (AVGO, Financial) files its latest 10-K with SEC for the fiscal year ended on October 31, 2018. Broadcom Inc is engaged in designing, developing and supplying analog and digital semiconductor connectivity solutions. Its product portfolio serves wired infrastructure, wireless communications, enterprise storage and industrial and other end markets. Broadcom Inc has a market cap of $101.26 billion; its shares were traded at around $244.91 with a P/E ratio of 8.65 and P/S ratio of 5.11. The dividend yield of Broadcom Inc stocks is 3.24%. Broadcom Inc had annual average EBITDA growth of 32.50% over the past ten years. GuruFocus rated Broadcom Inc the business predictability rank of 3-star.

For the last quarter Broadcom Inc reported a revenue of $5.4 billion, compared with the revenue of $4.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $20.8 billion, an increase of 18.2% from last year. For the last five years Broadcom Inc had an average revenue growth rate of 55.6% a year.

The reported diluted earnings per share was $28.44 for the year. The Broadcom Inc enjoyed an operating margin of 25.75%, compared with the operating margin of 15.12% a year before. The 10-year historical median operating margin of Broadcom Inc is 22.20%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Broadcom Inc has the cash and cash equivalents of $4.3 billion, compared with $11.2 billion in the previous year. The long term debt was $17.5 billion, compared with $17.4 billion in the previous year. The interest coverage to the debt is 8.5. Broadcom Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $244.91, Broadcom Inc is traded at close to its historical median P/S valuation band of $235.19. The P/S ratio of the stock is 5.11, while the historical median P/S ratio is 4.90. The intrinsic value of the stock is $303.39 a share, according to GuruFocus DCF Calculator. The stock lost 5.93% during the past 12 months.

CEO Recent Trades:

  • President and CEO Hock E Tan sold 20,000 shares of AVGO stock on 12/17/2018 at the average price of $256.47. The price of the stock has decreased by 4.51% since.

CFO Recent Trades:

  • CFO Thomas H. Krause sold 22,500 shares of AVGO stock on 12/13/2018 at the average price of $257.08. The price of the stock has decreased by 4.73% since.

Directors and Officers Recent Trades:

  • Director Lewis C Eggebrecht sold 2,000 shares of AVGO stock on 12/14/2018 at the average price of $260.81. The price of the stock has decreased by 6.1% since.
  • SVP & Chief Sales Officer Charlie B Kawwas sold 10,000 shares of AVGO stock on 12/13/2018 at the average price of $259.19. The price of the stock has decreased by 5.51% since.

For the complete 20-year historical financial data of AVGO, click here.