FMP
Oct 22, 2021 5:59 PM - Davit Kirakosyan
Analysts at Deutsche Bank provided their outlook on The Estée Lauder Companies Inc. (NYSE:EL) ahead of the company’s Q1 earnings report.
The analysts overall agree with the consensus estimates; however, they are cognizant of a number of cross-currents exemplified by recent results from LVMH P&C, PG/SK-II, and L'Oreal Luxe. Specifically, while LVMH P&C results were largely in line with the Street estimates and L'Oreal Luxe slightly better than the Street, the analysts note that industry dynamics point to stronger-than-anticipated results in the US offset by relative underperformance in China/Asia/Hainan.
As a result of this, analysts lowered their piece target on the company’s shares to $342 from $347, while keeping their hold rating unchanged.
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...