FMP
Sep 28, 2021 11:02 PM - Davit Kirakosyan
Analysts at Berenberg Bank increased their price target on Teledyne Technologies Incorporated (NYSE:TDY) to $570 from $565 as they believe the stock pullback on broader supply chain concerns offers an attractive setup into Q3.
According to the brokerage the recent weak corporate commentary across industrials coupled with FLIR acquisition integration risk has caused the company’s multiple to de-rate since May. However, recent order trends suggest the company’s guidance is quite conservative, in the brokerage view, and the company can even exceed expectations.
The company’s execution track record and unique position as both a supplier and customer in the semis industry also provide the analysts with confidence in its ability to navigate supply challenges.
Analysts at Berenberg Bank believe the market has yet to fully appreciate the TDY/FLIR combination, and they expect the stock to re-rate as synergies materialize and the company de-levers.
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...