FMP
Oct 22, 2021 5:53 PM - Davit Kirakosyan
Snap Inc. (NYSE:SNAP) shares were trading around 25% lower Friday afternoon following yesterday’s Q3 results announcement, with daily active users beating the Street expectations, but revenue was disappointing.
The company provided a weaker outlook for Q4 on IDFA headwinds & expectations of supply chain disruptions impacting ad spend. While IDFA headwinds will be felt across the entire digital ad ecosystem, the company's skew towards larger direct response advertiser and shorter duration of advertiser relationships will probably increase headwinds in comparison to others.
Analysts at Oppenheimer lowered their price target on the company’s shares to $75 from $88, reiterating their outperform rating. While the analysts expect the company to fully recover from these headwinds, they believe it will take time for alternative measurement solutions to reach full adoption.
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...