FMP
Sep 16, 2021 7:51 PM - Davit Kirakosyan
Accenture plc (NYSE:ACN) is going to report Q4/21 results on Sept 23, where the company is expected to deliver a quarterly revenue of $13,499 million (~24.6% year-over-year) and EPS of $2.18, according to the analysts at Deutsche Bank.
Due to the recent spike in digital IT services demand, bookings have accelerated and the company has ramped up hiring to meet demand. In addition, the company has boosted investments in acquisitions that are centered on its strategic priorities (Cloud, Industry X, Interactive, and Security), which continue to accelerate in double digits.
With acquisitions expected to add ~4ppts to 2022 inorganic revenue growth, above the historical average of ~2ppts, the brokerage believes the company could guide top-line to ~8-11% year-over-year cc.
Given the strong fundamental momentum for the company’s IT Services, analysts at Deutsche Bank increased their price target to $395 from $310, reiterating 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...