FMP
Nov 21, 2022 9:15 PM - Davit Kirakosyan
Spectrum Brands (NYSE:SPB) reported its Q4 results on Friday, with EPS of $0.48 coming in worse than the Street estimate of $0.59. Revenue was $749.5 million, compared to the Street estimate of $787.73 million.
According to the analysts at Deutsche Bank, the company’s fundamentals are challenged. Furthermore, the prospects of the company winning its dispute with the DOJ over the HHI transaction appear to Deutsche Bank questionable.
The analysts think the company’s stock discounts those realities, and believe management’s below-consensus 2023 guidance embeds reasonable downside protections. The analysts cut the fiscal 2023 EBITDA forecast to $311 million, and their price target to $63 from $68.
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...