FMP
Nov 22, 2022 8:46 AM - Davit Kirakosyan
Deutsche Bank analysts shared their views on Pure Storage, Inc. (NYSE:PSTG) ahead of the upcoming Q3 earnings announcement, expecting the company to post results consistent with its guidance and reiterate its fiscal 2023 outlook.
While IT spending decisions are slowing, analysts believe demand for storage products will fare better than the demand for other products (e.g. servers). The analysts also expect an expanding subscription business (approximately 37% of total revenue) to offset any potential slowdown in product sales. Furthermore, the analysts noted that on the margin front, rapidly declining NAND prices could provide a potential tailwind.
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...