FMP
Sep 27, 2021 8:05 PM - Davit Kirakosyan
Analysts at Deutsche Bank provided a report reviewing the recent Q3 results by H.B. Fuller Company (NYSE:FUL), increasing their price target to $70 from $67.
The company’s shares rose 7.9% following a solid Q3 release with (1) EBITDA beat by 1%, (2) implied Q4 EBITDA guidance, roughly in line with consensus and (3) early 2022 EBITDA guidance of up ~10% meeting expectations.
According to the brokerage, the in-line H2/21 results and outlook were particularly noteworthy as a number of coatings and specialty chemical peers, such as AXTA, ECL, IFF, PPG, and SHW, have recently preannounced earnings shortfalls for the September quarter and/or lowered their full-year guidance due to issues around raw material inflation, raw material availability, freight and logistics constraints, and chip shortages.
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...