Broadcom Corp (BRCM)

BRCM (NASDAQ:Electronics) EQUITY
$50.92
neg -1.19
-2.28%
Today's Range: 50.90 - 52.08 | BRCM Avg Daily Volume: 10,273,100
Last Update: 06/29/15 - 4:14 PM EDT
Volume: 8,901,918
YTD Performance: 20.26%
Open: $51.42
Previous Close: $52.11
52 Week Range: $34.50 - $57.70
Oustanding Shares: 598,000,000
Market Cap: 29,047,590,000
6-Month Chart
TheStreet Ratings Grade for BRCM
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 9 19 19 16
Moderate Buy 2 2 2 2
Hold 17 10 11 10
Moderate Sell 0 0 0 0
Strong Sell 0 1 1 1
Mean Rec. 2.27 1.80 1.83 1.88
Latest Dividend: 0.14
Latest Dividend Yield: 1.06%
Dividend Ex-Date: 05/27/15
Price Earnings Ratio: 46.41
Price Earnings Comparisons:
BRCM Sector Avg. S&P 500
46.41 46.10 26.65
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
23.64% 40.88% 61.28%
GROWTH 12 Mo 3 Yr CAGR
Revenue 1.50 0.14 0.04
Net Income 53.80 -0.30 -0.11
EPS 49.40 -0.35 -0.13
Earnings for BRCM:
EBITDA 1.60B
Revenue 8.43B
Average Earnings Estimates
Qtr (06/15) Qtr (09/15) FY (12/15) FY (12/16)
Average Estimate $0.75 $0.82 $2.99 $3.20
Number of Analysts 12 11 15 15
High Estimate $0.77 $0.94 $3.17 $3.43
Low Estimate $0.64 $0.73 $2.80 $2.72
Prior Year $0.46 $0.74 $2.35 $2.99
Growth Rate (Year over Year) 62.14% 10.44% 27.32% 7.11%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Down, Up, Down, Up...The U.S. stock market is trendless with no memory from day to day. Some on our site (e.g., Rev Shark) and elsewhere believe shorting is an "exercise in futility." I say, respectfully, that this is a wonderful two-way market in which money is to be made on both the long and short side. I further have opined that the market might be in a transition from bull market to something else this year (we will see whether that forecast is correct over the next few months!). And So Is the Bond Market Trendless -- though we seem to be in a 2.10%-2.30% range on the 10-year U.S. Note yield, for now. Banks Continue to Be Among the Leaders -- This is my favorite sector on a reward vs. risk basis. The Spread Between Taxable and Non Taxable Yields Narrowed Today -- I posted on the possibility of a narrowing last week and, again, today. Muni bond funds are flourishing despite a near $2 drop in TLT (and rise in rates; the 10-year yield has increased by 5 basis points to 2.18%). Takeover Activity Continues -- As I pointed out about the proposed Broadcom (BRCM) merger, the deals no longer make much economic sense at around 20x EBITDA. This sort of valuation in mergers is symptomatic of an aging bull market -- and perhaps an aging economic recovery.
Several developments could help to support the tech-heavy index in coming weeks.
Look around: A hike by the Fed would be bad for business.

Stocks to Watch Today Real Money Pro($)

Looks like a pretty flat opening to begin May's last trading day. The chip sector's big acquisition frenzy continues, as it appears that Intel (INTC) is on the verge of acquiring Altera (ALTR) for $15 billion once their standstill agreement expires on June 1.
Meanwhile, look for jobless claims and another round of earnings in the U.S.
And four other things you need to know now.
Energy shares slide; Broadcom is the day's big winner.
Buy at right price and have courage to hold.
You could throw darts at financials and health care and win. 

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.