FMP
Apr 17, 2024 4:05 PM - Davit Kirakosyan
Northcoast Research analysts downgraded Boeing (NYSE:BA) to Sell from Neutral, setting a price target of $140 on the stock. The analysts reflected on a turbulent last three months for Boeing, during which the aerospace sector has seen its fair share of dramatic developments, including unusual incidents and concerns about safety protocols highlighted by whistleblowers. With the quarterly earnings update looming, which the analysts anticipate will raise further concerns about Boeing's fundamentals, Northcoast’s outlook is decidedly bearish.
The analysts suggested that while the market has already reacted to some negative news, as seen in the declining stock price, it may still be overlooking deeper structural issues such as balance sheet stability and potential future cash liabilities.
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...