FMP
Sep 14, 2021 6:33 PM - Davit Kirakosyan
Berenberg Bank upgraded Leslie's, Inc. (NASDAQ:LESL) to buy from hold and increased its price target on the company’s shares to $30 from $28, as it believes the recent pullback in the company’s stock price since early May presents a strong buying opportunity.
According to the analysts at Berenberg Bank, margin pressures and a recently announced secondary offering boosted the investors’ concerns, but they think industry tailwinds and the positive effect of the company’s growth strategies will allow it to strongly take advantage of industry tailwinds. While they previously rated the company a Hold as they were having difficulties to find valuation upside, they now think the shares offer an attractive entry point.
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...