As an investor, understanding financial ratios is important to help assess the current state of a company. For example, we have P/E ratios, debt/equity ratios, EV/EBITDA ratios, interest coverage ratios, and so many more. We then compare each ratio to another company’s financial ratio to make a more informed investment decision. As someone who worked…
$207.89 +2.14 (+1.04%) (As of 07/8/2024 ET) 52-Week Range $104.33 ▼ $230.63 Dividend Yield 1.64% P/E Ratio 27.94 Price Target $192.13 Qualcomm NASDAQ: QCOM is a dominant force in the semiconductor industry, designing and manufacturing wireless communication products and solutions. The industry is undergoing a significant transformation fueled by the burgeoning demand for AI-powered devices. This…
$257.44 -5.75 (-2.18%) (As of 07/8/2024 ET) 52-Week Range $193.68 ▼ $318.71 Dividend Yield 0.16% P/E Ratio 46.30 Price Target $292.79 Salesforce NYSE: CRM is the undisputed leader in cloud-based customer relationship management (CRM) solutions. Salesforce continues to navigate a pivotal period in its corporate evolution. As the company accelerates its integration of artificial intelligence (AI)…
$94.75 -0.24 (-0.25%) (As of 07/8/2024 ET) 52-Week Range $29.05 ▼ $98.69 P/E Ratio 231.10 Price Target $81.50 As the second quarter and first half of the year come to a close, CAVA Group Inc. NYSE: CAVA has gained significant attention for its remarkable stock performance, making it a standout name so far. Up 113% year-to-date,…
$73.08 -2.35 (-3.12%) (As of 07/8/2024 ET) 52-Week Range $73.00 ▼ $123.39 Dividend Yield 2.03% P/E Ratio 19.59 Price Target $97.19 Nike NYSE: NKE analysts are slashing their price targets and sending the stock to the bargain basement. The company’s Q4 results were good enough, but the guidance brought fear into the broader consumer discretionary market….
It’s been a funny year for investors and shares of Tesla Inc. NASDAQ: TSLA. This year, it has broken its long track record of delivering outperformance even when the broader market is rallying—and broken well. While the benchmark S&P 500 index is up an impressive 15% this year already, shares of the electric vehicle (EV)…
Albemarle Corporation NYSE: ALB is a global leader in the production of basic materials for a diverse range of industries, including energy, electric vehicles (EV), and healthcare. The company’s commitment to sustainable practices was recently showcased during its fourth annual Sustainability Day event. Get Albemarle alerts: Sign Up A Focus on Sustainability: Albemarle’s Annual Event…
Shares of MongoDB NASDAQ: MDB fell hard in Q2 for one reason and one reason alone- the guidance. Unlike other AI winners, the company’s guidance is for growth but tepid, anemic growth compared to the whisper expectations. The guidance resulted in a 50% decline for the stock from peak to bottom, assuming a bottom is…
$169.15 +1.57 (+0.94%) (As of 07/8/2024 ET) 52-Week Range $149.58 ▼ $187.22 Dividend Yield 0.78% P/E Ratio 24.69 Price Target $186.00 UniFirst NYSE: UNF is a quality business with savvy management working hard to improve shareholder value. The efforts include upgrading technology to the latest in enterprise resource planning (ERP) and customer relationship management (CRM) software,…
Walgreens Boots Alliance NASDAQ: WBA is a global leader in integrated healthcare, pharmacy, and retail. The company recently released its earnings report for the third quarter of 2024, raising questions about its ability to navigate a challenging market environment and achieve sustainable growth. WBA Walgreens Boots Alliance $10.82 -0.44 (-3.91%) (As of 07/8/2024 ET) 52-Week Range $10.77 ▼…