FMP
Sep 20, 2021 4:57 PM - Davit Kirakosyan
Personalis, Inc. (NASDAQ:PSNL) dropped more than 8% Monday morning following VA MVP (U.S. Department of Veterans Affairs Million Veteran Program) update. According to the company, VA MVP has issued a new task order for $10 million, which is lower than what most investors were expecting.
Despite this near-term weakness, analysts at Oppenheimer see favorable upside/downside for both near-term expansion (new task order is through March 31, 2022) and VA's long-term commitment to the program. More importantly, the brokerage noted that the non-VA oncology business continues to exceed their estimates, with the company raising its non-VA outlook by $0.5 million for Q3, by $1 million for 2021, and issuing a new 2022 target of 50% growth implying $51–52.5 million.
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...