FMP
May 25, 2023 1:14 PM - Davit Kirakosyan
AutoZone (NYSE:AZO) shares plunged nearly 6% on Tuesday after the company reported a slowdown in comparable sales, mainly because of the weak demand in March.
Q3 EPS was $34.12, compared to the Street estimate of $31.41. Revenue came in at $4.09 billion, compared to the Street estimate of $4.12 billion.
Domestic comp store sales growth tracked below expectations at 1.9% (vs. Street estimate of 4.1%), reflecting the impacts of weather-related disruptions in March and below-plan commercial sales growth.
While the company does not provide formal financial guidance, management maintained its expectations for double-digit growth in its commercial segment, though returning to such levels could take one or two quarters.
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...