FMP
Jun 16, 2022 10:05 PM - Davit Kirakosyan
Deutsche Bank upgraded Republic Services, Inc. (NYSE:RSG) to buy from hold, while maintaining their $147 price target on the company’s shares.
The brokerage mentioned the following reasons for the upgrade: (1) the company is an inflation hedge in today's environment, (2) it is a safe haven in market downturns and (3) it provides compelling earnings growth especially on a risk-adjusted basis.
The analysts view the stock as attractive for investors during market uncertainty given its defensive attributes and evidence of relative outperformance during downturns.
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...