FMP
Sep 15, 2021 6:59 PM - Davit Kirakosyan
Analysts at Berenberg Bank increased their price target on SiteOne Landscape Supply, Inc. (NYSE:SITE) to $237 from $207, reiterating their positive view on the company as the ongoing spend on outdoor living spaces over the past year, a strong construction market, and margin benefits from its operational initiatives continue to benefit the company. This makes the company lift its full 2021-year guidance to $3,325 million.
According to the brokerage the double-digit organic growth during the pandemic has strongly outperformed the company's historical mid-single-digit organic growth, which lead the analysts to view the company's roll-up acquisition strategy and internal technology initiatives to be adding value to its location portfolio and could result in faster long-run growth.
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...