FMP
Dec 1, 2021 7:48 PM - Davit Kirakosyan
Zscaler, Inc. (NASDAQ:ZS) shares were trading around 9% lower Wednesday afternoon, despite the company’s reported Q2 beat, with revenues growing 62% to $230.5 million, compared to the consensus estimate of $212 million. Quarterly billings grew 71% to $247.7 million, beating the consensus estimate of $203.6 million.
The company raised its 2022 revenue/billings guidance to +49%/+39% from +41%/+34% as the land and expand motion shows no signs of slowing. Analysts at RBC Capital increased their price target to $408 from $380 on the company's shares following the earnings results.
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...