FMP
Sep 22, 2021 5:57 PM - Davit Kirakosyan
Lennar Corporation (NYSE:LEN) reported its Q3 results, with quarterly EPS growing 100% year-over-year to $4.52. Excluding the mark to market adjustments, the EPS was $3.27, a bit lower than the Street estimate of $3.28.
The company’s guided Q4/21 orders of 15,200-15,400 (+0-1%) came in lower than the consensus estimate of +7%.
Analysts at RBC Capital increased their price target on the company’s shares to $102 from $100, raising their 2021 EPS estimate to $14.51 from $13.47, driven entirely by the Q3 MTM gains with core Q4 coming down.
The brokerage said it remains Sector Perform on the company against a backdrop of lower visibility into 2022, given the risk of demand deceleration, supply constraints, and a push-out of SpinCo timing.
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...