FMP
Jan 23, 2023 8:48 PM - Davit Kirakosyan
Deutsche Bank analysts provided their outlook on The Estée Lauder Companies Inc. (NYSE:EL) ahead of the company’s upcoming Q2/23 results, scheduled to be reported on February 2.
Acknowledging a wide range of potential outcomes, the analysts expect the company to deliver Q2 results slightly ahead of its own outlook, mainly owing to less adverse FX trends.
Despite this favorability, the analysts believe the company will broadly (and prudently) reaffirm its fiscal 2023 EPS outlook, as benefits from FX improvement are offset by absorbing dilution from the Tom Ford acquisition and lingering uncertainty regarding the pacing of recovery of normal demand in China near term and risks of degrading demand in the US/Europe.
The analysts raised their price target on the company’s shares to $290 from $266 while maintaining their Buy rating.
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...