FMP
Jan 13, 2022 4:08 AM - Davit Kirakosyan
Denny's Corporation (NASDAQ:DENN) announced its preliminary Q4 results, with domestic co-owned same-store sales growth coming in at 58.6% and franchised at 48.3%, compared to the consensus estimates of 57.3% and 47.9%, respectively.
Analysts at Wedbush believe the difference in company same-store sales growth vs. franchised same-store sales growth is due to better staffing levels (including a higher percentage of 24/7 locations) and a catch up in average check as they believe franchisees may have been more aggressive with respect to menu price increases earlier in the year.
The analysts maintained their outperform rating and $20 price target on the company’s shares, stating that they continue to believe the company's current valuation does not fully reflect management's ability to deliver post-COVID growth above pre-COVID growth rates.
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...