FMP
May 14, 2022 1:12 AM - Davit Kirakosyan
ironSource Ltd. (NYSE:IS) shares closed more than 7% higher on Friday following the company’s announced Q1 results, with EPS of $0.05 coming in above the Street estimate of $0.03. Revenue was $190 million, beating the Street estimate of $183.71 million.
The better-than-expected Q1 results were overshadowed by the lowering of full 2022 revenue and EBITDA estimates given changes in macro conditions and gaming customers suggesting user acquisition spending will tick down.
When compared to the weaker guidance, analysts at Deutsche Bank naturally expect this to raise questions regarding the company's ability to maintain share. Here management was adamant there is no issue and in fact highlighted sequential mediation share gains among the top 100 games.
Deutsche Bank lowered its price target on the company’s shares to $6 from $9, while reiterating its buy 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...