FMP
May 17, 2024 2:33 PM - Davit Kirakosyan
Robinhood Markets (NASDAQ:HOOD) shares rose more than 5% pre-market today after BofA Securities analysts upgraded the company to Buy from Underperform, raising the price target to $24 from $14. The analysts noted that the current entry point for Robinhood is favorable, contrasting with their 2021 Underperform rating following its IPO.
They cited several reasons for the upgrade: rising retail engagement and accelerating organic growth, positive operating leverage after significant expense reductions, and an attractive valuation following increases in EBITDA and EPS.
While Interactive Brokers remains their top broker Buy, and Virtu Financial is highlighted as a stealth way to benefit from retail engagement through payment for order flow.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...