FMP
Sep 21, 2021 10:52 PM - Davit Kirakosyan
Axalta Coating Systems Ltd. (NYSE:AXTA) made a pre-announcement on Tuesday, lowering its Q3/21 outlook and withdrawing its full 2021-year guidance due to ongoing supply disruptions and continued raw material inflation.
Analysts at RBC Capital decreased their price target on the company’s shares to $36 from $38, mentioning that they believe the underlying demand in the company's various end markets remains strong, despite the headwinds.
Given the company’s pre-announcement, the brokerage took down its Q3/2021/2022 EBITDA estimates to $191 million/$921 million/$990 million (from $202 million/$940 million/$1,030 million) due to ongoing supply chain disruptions which are resulting in lower auto production rates.
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...