FMP
Oct 13, 2021 7:59 PM - Davit Kirakosyan
SMART Global Holdings, Inc. (NASDAQ:SGH) were trading more than 18% higher on Wednesday following the company’s reported solid Q4 results, with impressive gross margin improvement and generally in line revenue.
The company’s gross margin improvement was well ahead of guidance and also ahead of the long-term financial framework set forth in the company’s analyst day in April.
Analysts at Deutsche Bank view this improvement as a result of solid execution, favorable mix in IPS, and benevolent pricing in LED, mentioning they are encouraged with the transformation story of the company and see the potential for the stock to re-rate higher.
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...