FMP
Jan 23, 2023 8:51 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
State Street (NYSE:STT) shares gained around 7% since the company’s reported Q4 results on Friday, with EPS of $2.07 coming in better than the Street estimate of $1.98. Revenue was $3.16 billion, compared to the Street estimate of $3.03 billion.
The company’s 2023 outlook was encouraging relative to forecasts. The most positive aspect for the stock is the $4.5 billion share repurchase authorization, which management hopes to fulfill this year, and may imply nearly 200% of earnings being returned to shareholders via buyback and dividends.
Analysts at Deutsche Bank view the results positively, with modest beats to both their fee revenue and net interest revenue forecasts, partially offset by slightly higher operating expenses. The analysts raised their price target to $88 from $85, while maintaining their Hold rating.
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...