FMP
Jun 9, 2023 12:32 PM - Davit Kirakosyan
RBC Capital analysts provided their outlook on TD SYNNEX (NYSE:SNX) ahead of the company’s upcoming Q2 earnings report next month.
The analysts expect largely in-line Q2/23 results as cautious IT spending trends continue. They see solid Advanced Solutions dynamics continuing in the near term as management focuses on pivoting to areas of higher growth in advanced solutions and high-growth technologies (e.g., cybersecurity/analytics/cloud/IoT/digital transformation).
The analysts continue to expect the overall backlog for Advanced Solutions (approximately 35-40% of revenue) to further stabilize in the second half of the year while the spending outlook for PCs remains challenged in the near term but benefits from easier comps in the second half of the year. The analysts reiterated their Sector Perform rating and $110 price target on the stock.
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...