FMP
May 10, 2022 4:25 PM - Davit Kirakosyan
Advanced Energy Industries (NASDAQ:AEIS) reported its Q1 results last week, with EPS coming in at $1.24, above the consensus estimate of $0.95. Revenue was $397 million, compared to the consensus estimate of $360.99 million.
Berenberg Bank analysts provided their views on the quarterly results, lowering their price target to $110 from $120 to reflect lower estimates and valuation multiple. The analysts mentioned that near-term challenges still remain for Q2, estimating sales to be sequentially down and margins to be almost flat. However, the analysts believe the medium-term outlook still looks attractive, emphasizing that the backlog continues to grow and supply chain issues seem to be stabilizing.
The company provided its Q2/22 outlook, expecting EPS in the range of $0.75-$1.35, compared to the consensus of $1.05, and revenue in the range of $370-420 million, compared to the consensus of $369 million. Management believes the company is on track to deliver an annualized EPS target of over $6 exiting 2022.
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...