FMP
Apr 29, 2024 1:11 PM - Davit Kirakosyan
WW Grainger (NYSE:GWW) shares rose more than 5% pre-market today after Stephens analysts upgraded the company from Equal Weight to Overweight, while also increasing the price target from $1,000 to $1,250.
The analysts expressed that the upgrade might have been more timely in 2022, given WW Grainger's strong performance during challenging inflationary and supply chain conditions, which led to an impressive beat and raise cycle.
Moving forward, the analysts developed a strong belief in the company's trajectory toward becoming a top-tier industrial entity, anticipating a mid-teens total shareholder return. This outlook is supported by two main factors: the lasting impacts of digital transformation that are expected to enhance market share through high-touch customer interactions, potentially resulting in a double-digit organic EPS compound annual growth rate; and strategic capital allocation that could contribute an additional 300 to 400 basis points to annual returns.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...