FMP
Jun 28, 2022 7:48 PM - Davit Kirakosyan
RBC Capital analysts released their outlook on MSCI Inc. (NYSE:MSCI) ahead of the company’s upcoming Q2 earnings release.
The analysts estimate a 1% decline in Q2 average assets under management (AUM) composed of an estimated 9% decline in June along with the previously reported 1% decline in May and 9% growth in April. This represents a meaningful cut to the analyst's previous estimate of a 5% growth.
The analysts expect Q2 revenue to be $551 million, below the Street estimate of $565 million, and EPS to be $2.58, below the Street estimate of $2.72. As a result, the analysts lowered their price target on the company’s shares to $520 from $600, while maintaining their outperform 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...