FMP
May 10, 2024 2:14 PM - Davit Kirakosyan
Squarespace (NYSE:SQSP) shares rose more than 3% pre-market today after Mizuho analysts upgraded the company to Buy from Neutral, significantly raising the price target to $50.00 from $34.00. The analysts believe Squarespace is poised to significantly exceed consensus estimates, projecting a 22% year-over-year growth in 2024 and 20% in 2025, compared to the consensus of 19% and 14%, respectively.
The analysts pointed out several growth levers that are currently underappreciated by the market. These include the acquisition of Google Domains, which is expected to have a halo effect by driving new domain registrations, anticipated pricing advantages in 2025, and a modest boost from Squarespace Payments. The analysts suggest that these factors will enable Squarespace to achieve over 20% growth with 30% unlevered free cash flow margins in the medium term.
Additionally, the upcoming investor day next week is seen as a potential catalyst that could lead to a revaluation of the company’s shares.
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...
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...