FMP
Sep 10, 2021 7:20 PM - Davit Kirakosyan
Zscaler, Inc. (NASDAQ:ZS) reported strong Q4 results quarter with minimal year-over-year billings and revenue deceleration against tough comps as all results were well above expectations. The company delivered a 57% revenue growth to $197.1 million, better than the consensus estimate of $186.8 million and billings growth of 70% to $332.2 million, compared to the consensus estimate of $278.1 million.
The company raised their expectations for the full 2022-year with revenue/billings growth now expected to be 40% and 33% at the midpoint, compared to their prior estimates of 36%/31%.
Analysts at RBC Capital increased their price target on the company’s shares to $326 from $300, mentioning that demand remains broad-based across both the enterprise and mid-market as they are increasingly bullish on the long-term prospects from the federal market, an area of increased investment as ZTNA is being prioritized.
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...