FMP
May 18, 2022 11:54 PM - Davit Kirakosyan
RBC Capital analysts upgraded Mercury Systems, Inc. (NASDAQ:MRCY) to outperform from sector perform and raised their price target to $72 from $60.
The company reported its Q3 results at the start of the month, with EPS of $0.57 coming in worse than the consensus of $0.59. Revenue came in at $253.1 million, compared to the consensus estimate of $249.38 million.
The poor 2022 results reflected delays in several leading programs, supply chain and labor challenges, and the fact that the 2022 budget was not appropriated until the end of March 2022.
After the disappointing 2022, analysts at RBC Capital believe the company is well positioned to return to at least mid-single-digits organic growth, execution (margins and free cash flow) improvement, and the activist presence provides a floor on the valuation.
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...