FMP
Jun 21, 2022 11:10 PM - Davit Kirakosyan
Deutsche Bank analysts released their outlook on Constellation Brands, Inc. (NYSE:STZ) ahead of the company’s upcoming Q1 earnings, expected to be reported on June 30.
Amidst a deteriorating market backdrop, rising rates, and record inflation, the analysts see investors as fairly divided with respect to the company. On the one hand, bears see elevated trade-down risk to its above premium beverage alcohol portfolio and view the company's reticence to take a more meaningful price in beer to offset inflation as evidence of a lack of true pricing power.
Bulls, however, continue to see strong execution in beer and improving performance in wine & spirits, ample growth opportunities, and moderating inflationary headwinds positioning the company to achieve, if not beat, its 2023 outlook.
Overall, the analysts take a more neutral stance, with their estimates biased higher on revenues versus consensus estimates heading into Q1/23 results, but lower on margins given incremental gross margin headwinds and elective investments in SG&A and other capabilities. The analysts lowered their price target on the company’s shares to $248 from $250, while reiterating their hold rating.
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...