FMP
Jun 23, 2022 7:59 PM - Davit Kirakosyan
Analysts at RBC Capital lowered their price target on GoodRx Holdings, Inc. (NASDAQ:GDRX) to $6.50 from $8, noting weaker but stabilizing digital traffic data.
According to the brokerage, its analysis of the company’s digital traffic data shows utilization appears to be stabilizing, which is both encouraging and consistent with management comments from its recent update call.
However, on the flip side, the grocer issue has still not been resolved, meaning it will likely extend beyond Q2, and it is still not clear the extent to which it will ultimately be resolved.
The analysts lowered their Q2 revenue estimates to $184 million (from $190 million) and EBITDA estimate to $38 million (from $45 million), respectively.
For the full 2022 year, the analysts lowered their revenue estimate to $822 million (from $874 million) and EBITDA estimate to $211 million (from $245 million).
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...