FMP
Nov 19, 2021 11:27 PM - Davit Kirakosyan
Palo Alto Networks, Inc. (NASDAQ:PANW) reported its Q1 results, with non-GAAP EPS coming in at $1.64, beating the consensus estimate of $1.57.Quarterly revenue was $1.25 billion, compared to the consensus estimate of $1.20 billion. The company raised its full 2022-year revenue guidance to $5.35-$5.40 billion, representing a growth rate of 26-27%.
While revenue and billings outperformance was broad-based, what stood out was billings growth of 28% compared to the consensus estimate of 21% and +77% NG Security ARR. Also of note, with all the concern around supply chain issues, product revenue grew 25% to $296 million and topped expectations of 11% growth.
Analysts at RBC Capital increased their price target on the company’s shares to $660 from $590, 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...