FMP
Jan 19, 2023 9:02 PM - Davit Kirakosyan
Prologis (NYSE:PLD) reported its Q4 results, with EPS coming in at $0.63, compared to the Street estimate of $0.61. Revenue was $1.75 billion, beating the Street estimate of $1.42 billion.
According to the analysts at Deutsche Bank, the company delivered a high-quality beat as strong occupancy, rent growth and balance sheet position the company to deliver outsized relative trading performance in 2023.
Industrial REITs are set to re-establish their favored investor status as analysts expect the company’s strong fundamentals to outshine concerns over the likely Global economic slowdown. Although Industrial REITs are not immune to slowing or negative GDP growth, the analysts contend that the strong demand for the company’s last mile (and low vacancy) assets are highly coveted by their tenant base, thus any vacancy is likely to be relet briskly.
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...