FMP
Oct 15, 2021 12:26 AM - Davit Kirakosyan
Analysts at Berenberg Bank recently hosted Tim Wan, the CFO of Asana, Inc. (NYSE:ASAN), for a virtual day of meetings.
According to the analysts, most investor questions targeted the competitive landscape, future product strategy, and go-to-market investments. Despite the company’s shares being up 285% since the start of the year, the analysts remain positive on the stock, given its relatively unpenetrated $50 billion market opportunity and large deal momentum, which they believe could potentially sustain growth of over 30-40% levels in mid-term.
The brokerage said that if growth accelerates to 47% over the next 4 years as previously was mentioned in its bull case scenario, it expects the company’s shares to reach $200.
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...