FMP
Sep 21, 2022 7:26 PM - Davit Kirakosyan
RBC Capital analysts lowered their price target to $114 from $141 on Fidelity National Information Services, Inc. (NYSE:FIS) ahead of their upcoming meeting tomorrow with the company’s new CFO Erik Hoag.
Incorporating a more challenging backdrop in the UK (15% of revenues), strengthening Dollar, higher interest costs & D&A, and a new lower share price embedded in their buyback model, the analysts lowered their 2022/2023 estimates.
Based on the above assumptions, the analysts’ 2022/2023 revenue, adjusted EBITDA and adjusted EPS moved to $14.57 billion/$6.46 billion/$6.96 and $15.34 billion/$6.87 billion/$7.60 from $14.69 billion/$6.53 billion/$7.04 and $15.61 billion/$6.98 billion/$7.85, respectively. Their 2022 and 2023 adjusted EPS are now approximately 1.5% and 3.4% lower than the Street estimates.
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...