FMP
Sep 22, 2022 7:27 PM - Davit Kirakosyan
RBC Capital analysts provided their outlook on CarMax, Inc. (NYSE:KMX) ahead of the upcoming Q2 earnings announcement. While the analysts continue to believe in the company's long-term share gain opportunity, they believe industry data and peer read-throughs continue to point to a deteriorating macro backdrop. RBC Capital’s bias skews to the downside on both used unit comp sales (Street’s -2.0%) and EPS (Street’s $1.43).
More encouragingly, the analyst’s channel work leads them to believe the company can now offer 100% online purchasing to nearly all consumers - which paired with a reallocation of advertising spend, should result in continued share progress.
The analysts expect Q2 used units flat year-over-year at 231,700 (Street’s 230,500). This implies the company gained share as industry data remains soft, although the analysts note visits to the company's website were down approximately 15% year-over-year during Q2.
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...