FMP
Sep 13, 2021 10:56 PM - Davit Kirakosyan
According to analysts at Wedbush, Wingstop Inc’s (NASDAQ:WING) business model is among the best positioned to capitalize on a post-COVID acceleration in digital/delivery adoption in the near-, medium-, and long-term.
The analysts’ checks through early September point to Q3 SSS growth in the 6% to 8% range, or 33.0-35.5% range on a 2-year basis, above 4.9% consensus year-over-year and consistent with Q2 2-year SSS growth of 34.7%. Notable takeaways include the continued strength in digital orders and the recovery of dine-in traffic.
Wedbush increased its price target on the company’s shares to $205 from $180, maintaining its outperform rating.
Despite the solid domestic top line trends, the brokerage mentioned that international (Mexico, Indonesia) has underperformed through 2021, pressuring the overall royalty rate. As a gradual normalization in these intl. markets occurs, helped by continued growth in the UK and entry into Canada, the analysts expect a gradual return to the ~10 bps of year-over-year growth in the underlying royalty rate.
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...