Hints and tips:
...In our view, this probably explains their strong re-rating (forward P/E of 27.2x), and why they are trading at a 110% premium to the STOXX 600 (13.0x)” wrote....
...The programme has two objectives: to drive women’s emancipation through professional beekeeping and to raise awareness of how essential bees are to Earth’s biodiversity. guerlain.com; unesco.com H is for...
...Goldman veteran Tim O’Neill is retiring after nearly four decades at the Wall Street investment bank, per Bloomberg....
...The Faangs, in market cap terms, are numbers 1, 2, 3, 4 and 7 in the S&P 500....
...All of these are endorsed by due diligence aficionado Kevin O’Leary....
...O Over-rule When an umpire reverses a call by a line judge, aka how umpires prove they’re awake. P Passing shots Things of beauty that have more or less killed off serve-and-volley tactics....
...In 2019 it generated a 58 per cent net return, about double the S&P 500....
...Morten O. Ravn: Hopefully not....
...Valuation: Our SKr115 12-month DCF-based PT (from SKr140 following earnings revisions and updated beta to 1.1 from 1.0) equates to 17.5x FY21E P/E....
...The picture at the federal level with H.R. 2339 is complicated....
...Citi’s Tobias Levkovich says the present level of valuations — with a forward P/E at 20x for the S&P 500 — “leaves little to chance”....
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...We believe this will likely remain supportive of improving E&P share prices....
...This scenario still presents 15-20% potential downside risk on a P/E basis when we compare valuation in our scenario of 17.7x 2022E P/E to the historical implied P/E of 14.9x reached during the GFC....
...From the GILD point of view, we think this is unlikely because: 1) Dan O’Day arrived as chairman and CEO only 15 mos ago, so this would be very early and quick; 2) GILD thinks its P/E is far too low, which...
...Without conviction in wider P&P sector pricing upside near term and the stock likely being put in the penalty box by some investors as they question earnings resilience, in our view DS Smith lacks near-term...
...At 8.3x 2021E P/E, 5.5x EV/EBITDA and 10% FCF yield, WPP trades at a 42% P/E discount to the market (vs. 3Y median discount of 29%) which we believe does not reflect earnings rebound potential and self-help...
...This puts the sector on a relative P/E premium of 35% on NTM+1 (Apr 21-Mar 22), 16.2x for Beverages vs 12.0x for the Market....
...On our new forecasts, the valuation is FY21 7.5x EBITDA, 7.8x P/E, 13% EqFCF yield and 6.5% dividend yield....
...Company commentary supports our view of limited direct impact to P&C : Hannover Re: noted a potential €200m loss across P&C and L&H; Munich Re: noted a €500m loss should all the events it covers for communicable...
...O is for oligarchy — the new bankster mafia. P is for pump and dump — crypto's raison d'être. Q is for queue — the laborious wait to shift $0.42 between accounts....
...Notably, Chris Meekins, our Healthcare Policy analyst, believes the next 5-7 days will provide clarity on the likely duration and extent of the outbreak in the U.S. and by next week, we will probably have...
...Jim O’Sullivan of High Frequency Economics said the ISM report would also “encourage the view that Fed officials have turned too dovish”....
...The message that this Fed wasn’t going to hold the market’s hand has taken time to register says Bill O’Donnell, a venerable Treasury market strategist....
...A lot of fund managers wouldn’t touch ITV on a P/E ratio of about 10 times with a barge pole, but they very happily bought Netflix at 100 times....
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