Analysts Taking Ride on Hard Facts For: Broadcom (NASDAQ:AVGO), Acacia Communications (NASDAQ:ACIA)

Broadcom Limited (NASDAQ:AVGO) [Trend Analysis], stock knocked down around -0.53% in early session as its gaining volume of 5.16 Million. Finally, we can see dark clouds emerging over AVGO. For the current estimate trends of EPS, pool recommendation was $3.48 and for one month was $3.21. As earning per share serves as an indicator for company’s profitability, analyst have given their estimate trends for the next year with quarterly estimate of $3.67. For annual bases, the firm attains $14.84 per-share earnings for FY 2016 trends against $15.98 for fiscal year 2017 Trends, views extracted from WSJ.

To view the price target ranked by analysts, AVGO attains high-level price target of 273 while lower level target was 203, it can be use an indication to know how much worth stock has stored in it. The stock was rated ‘Hold’ by 2 analysts in current phase, 4 analysts rated at ‘Overweight’. For conclusion, consensus ranking came to stand at Buy.

The stock showed weekly upbeat performance of -1.84%, which maintained for the month at 7.86%. Similarly, the positive performance for the quarter recorded as 25.09% and for the year was 48.36%, while the YTD performance remained at 25.69%. AVGO has Average True Range for 14 days of 3.74.

Acacia Communications, Inc. (NASDAQ:ACIA) [Trend Analysis] pretends to be active mover, stock shows upbeat performance surged around 5.42% to trade at $55.02. Looking over the ACIA ranking chart, the ACIA got 7 analysts recommendation as a Buy security in previous month pool in contrast with 7 analysts gave buy ratings at this month. The call for hold was given by 1 analyst while call for sale was recommended by 2 analysts. Overall the consensus ratings were for Buy as compared to Buy rating in last month, courtesy to WSJ.

Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $0.76 while three months ago that trend was for $0.88. This contrasts with this year Q4 current estimates trend of $0.66 while for one month was for $0.79. The fiscal year 2016 current estimate trend was for $3.35 as compared to FY 2017 current Estimate trends of $3.85.

The liquidity measure in recent quarter results of the company was recorded 5.70 as current ratio, on the other side the debt to equity ratio was 0.00, and long-term debt to equity ratio remained 0.00. The Company has gross margin of 46.20% and profit margin was positive 19.90% in trailing twelve months. (Read Latest [Free Analytic] Facts on NASDAQ:ACIA and Be Updated) To accommodate long-term intention, experts calculate Return on Investment of 30.90%. The firm has Profit Margin of positive 19.90%.

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Roger Valet

A Seneca Globe News writer since 2013, Roger Valet covers Wall Street and stock market news. In the past Roger covered the real estate market and then moved on to cover corporate management. You can reach Mr. Roger at roger.valet@senecaglobe.com

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