FMP
Nov 21, 2022 9:12 PM - Davit Kirakosyan
Deutsche Bank provided their outlook on NetApp, Inc. (NASDAQ:NTAP) ahead of the upcoming Q2 earnings announcement.
The analysts acknowledge that the company will face shrinking IT budgets as suggested by many companies in the supply chain, but also believe storage spending will hold up better than server spending. Furthermore, the analysts noted that customers are moving toward a consumption model, which could be a tailwind for the company's Public Cloud business as customers focus on infrastructure optimization, performance monitoring and data services in the cloud.
The analysts believe the company will reiterate its Public Cloud ARR target of $780-820 million (up 60% year-over-year) exiting fiscal 2023. The analysts also see upside potential for the company’s margins given easing supply constraints (leading to lower component cost premiums) and rapidly declining NAND flash prices.
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...