FMP
Sep 16, 2021 7:46 PM - Davit Kirakosyan
S&P Global Inc. (NYSE:SPGI) has meaningful upside potential with the merger deal with INFO, which is expected to close in Q4/21, subject to regulatory approval.
Analysts at Oppenheimer believe that even after the strong run recently, there is an additional upside to the company if the deal goes through. They believe that the risk that the deal would be blocked, especially under current heightened regulatory concerns, is still minimal.
Oppenheimer increased its price target on the company’s shares to $550 from $476, maintaining its outperform rating. Even though the company is widely known as one of the largest rating agencies in the world, the non-rating agency businesses actually generate over 50% of revenue, and the brokerage believes it is much more than a rating agency and strives to become a benchmark business.
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...