Dell Technologies Pre-earnings Analysis Chart done on hourly timeframe. Dell investors have enjoyed a multi-month rally since the company’s last earnings report, but its valuation will be tested again this week upon their new earnings release. The stock’s 70% rally since March has moved its price to earnings ratio to 37, far above the healthy 15-25 healthy range, but investors are hoping that the company’s net income continues to grow as it did over the last two quarters. If it does, then the price to earnings ratio will shrink, justifying the current stock valuation. Despite falling revenue, Dell grew its net by as much as 310% in Q3 and 89% in Q4 of last year, which shows operational competence from...
Zscaler Inc. Pre-earnings Analysis Chart done daily timeframe. The cybersecurity industry is expected to grow by 64% in the next five years as technological advances continue and our world becomes even more integrated with the internet. From protection against cyber warfare between countries to protection on our own personal devices, the industry has become essential to our safety and companies like Zscaler, Palo Alto Networks, and CrowdStrike are reaping the benefits. Large scale government contracts and revenue from private deals with massive technology companies are awarding cybersecurity firms billions of dollars and demand is growing as rapid as technological innovation. Zscaler in specific has more than tripled its revenue in the last four years since Covid supercharged our online presence,...
JP Morgan Chase & Co Analysis JPM shares fell from their all time highs this week after comments from their CEO left investors uneasy. Jamie Dimon, who has served as the bank’s CEO for two decades, stated that he is ruling out share buybacks at this time because the stock is too expensive. Dimon has sold more than $180 million worth of JPM shares in 2024, $33M just weeks before his comments about the stock being expensive. Other executives at the company proceeded to sell thousands worth of shares following his selling. Jamie Dimon is respected on Wall Street and is viewed as an influential leader; he’s now made several comments in regard to troubles in the economy and the...
Target Corporation Pre-earnings Analysis Chart done on hourly timeframe. Recent earnings from Walmart may spell bad news for Target’s numbers this quarter due to Walmart’s report of high income shoppers starting to visit their stores. Middle class and high income shoppers have long preferred Target over Walmart, but as inflation continues to weigh in on Americans’ spending ability, those customers are starting to change their spending habits and places to purchase. This gives Walmart the upper hand in terms of sales, but it doesn’t fully count Target out as a company when looking at valuations. Target is currently trading at a price to earnings ratio of 18x, far cheaper than Walmart’s 27x. Granted Walmart does bring in six times the...
Walmart Pre-earnings Analysis Chart done on daily timeframe. Walmart shares reached a new all time high this year thanks to buyers buying up the stock leading to its split, but shares have flat lined over the last two months. The company’s earnings this week may be the catalyst that finally breaks them above or below their current range. Walmart has surpassed profit estimates on three of the last four quarters with the outlier being a flat result. Walmart’s massive infrastructure and revenue has allowed it to compete with big players like Amazon in the online space at a time in which consumers are budgeting from every angle. Inflation’s impact on the way consumers spend their money has benefitted Walmart thanks...
