FMP
Sep 27, 2021 8:09 PM - Davit Kirakosyan
Constellation Brands, Inc. (NYSE:STZ) is going to report its Q2 earning on Oct 6. Analysts at Deutsche Bank provided their outlook, expecting relatively balanced stance, though leaning constructive given that the stock has failed to show follow-through since a recent reaffirmation of full-year guidance.
On the one hand, the brokerage mentioned that recovery in on-premise channels and depleted inventory levels throughout the trade in Mexican beer should allow for solid top-line growth in beer, with lagging year-to-date shipments expected to catch up with channel demand over the balance of the year (assuming the company is able to successfully supply its products). Moreover, protecting full-year profitability, certain depreciation costs have again been deferred and other expected cost headwinds have reportedly not manifested as anticipated by management exiting Q1.
The analysts lowered their price target on the company’s shares to $234 from $242.
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...