FMP
Jun 16, 2022 10:03 PM - Davit Kirakosyan
Hertz Global Holdings, Inc. (NASDAQ:HTZ) announced a new $2 billion share repurchase authorization, which is an addition to the previous $2 billion share repurchase program announced in November 2021 ($0.2 billion remaining).
While stating they are aware of, and fully respect, market concerns about a potential recession on the horizon, analysts at Deutsche Bank said they believe the increased repurchase authorization is largely reflective of management's confidence in its 2022 free cash flow generation and doesn't necessarily extend to a view on 2023.
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...