FMP
Sep 1, 2021 10:58 PM - Davit Kirakosyan
Ambarella (NASDAQ: AMBA) shares were trading 26% higher intra-day on Wednesday following better-than-expected Q2 results, which were driven by strong demand and improving supply yield. The company’s quarterly $0.35 EPS came above the consensus estimate of $0.25. Q2 revenue of $79.3 million also beat the consensus of $75.68, growing 58% year-over-year.
The company’s management guided Q3 revenue in the range of $88.0 - $92.0 million, again higher than the Street estimate of $78.7 million.
Analysts at Deutsche Bank increased their price target on the company’s shares to $115 from $110 following strong beat/raise, impressed by the company’s guidance which implies strong growth to continue in Q3 as increased foundry supply (post TX freeze) allows the company to better meet demand. Beyond the near-term, the brokerage believes the company’s Automotive growth trajectory remains very strong with revenue in that segment expected to roughly double year-over-year in 2022 and continue growing strongly in the future.
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...