FMP
May 25, 2023 5:03 PM - Davit Kirakosyan
RBC Capital analysts provided their views on PulteGroup, Inc. (NYSE:PHM) after hosting a virtual investor meeting with CFO Bob O’Shaughnessy. The company is continuing to see a broad-based demand recovery though did not provide any post-quarter quantification.
According to the analysts, management chalks up more resilient demand and pricing power in part due to share shift given the lack of existing home supply as well as builders’ ability to better incentivize around mortgage rates.
The company is currently running a national 4.99% mortgage rate buy-down program, which has been an effective tool to bring buyers in – the exact rate level and cost of this program will vary somewhat depending on prevailing headline rates.
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...