FMP
Jan 13, 2022 9:31 PM - Davit Kirakosyan
Qorvo, Inc. (NASDAQ:QRVO) was downgraded at Oppenheimer to Perform from Outperform given the lack of obvious growth/upside near-term catalysts.
The analysts mentioned that their upgrade on the company in July 2020 was mainly driven by the 5G RAN content/share gains expectations, however, 5G upside has been slow to materialize.
The analysts believe that Handset (the company is now 80% exposed to handset/mobile) is a large market with 1.6 billion units/year, but it is largely an ex-growth mature market with component suppliers dependent on sustained content gains for growth.
The analysts see limited content gains for the company this year, with content opportunities limited at Apple and increased competition from QUALCOMM Incorporated in China Android.
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...