Sentences with phrase «expect at their valuations»

They were very close to what we would expect at their valuations.

Not exact matches

The deal values Uber at $ 48 billion, a 30 percent drop from its most recent valuation of $ 68 billion in 2016, and is expected to close this month.

At $ 17 per share, above its expected range of $ 14 to $ 16, Snap has a market valuation of around $ 24 billion.

The company priced its IPO higher than expected at $ 12.50 per share, a $ 1 billion valuation.

The survey found 39 % of respondents predicted the market would value Aramco at between $ 1 trillion and $ 1.5 trillion, with 36 % expecting a valuation below $ 1 trillion.

It said it expected to price its shares at around $ 13 to $ 14 a share, raising questions about whether the company would be valued at less than its private company valuation of nearly $ 2 billion.

Remember, plenty of other experienced investors are buying in at this valuation expecting asset - light Uber to be worth at least $ 100 billion at IPO — and many pundits called Fidelity nuts to invest at a $ 17 billion pre-money just six months ago (similar accusations were hurled at TPG and Google Ventures for giving it a $ 2 billion + mark in the summer of 2013).

Miller expects such growth to continue, making the company a good buy even at its relatively high valuation of 26 times fiscal 2017 earnings.

Kostin also outlined three strategies: Secular growth, or companies where sales growth is expected to rise at least 10 percent for multiple years without high valuations; firms that are investing in capital expenditures and research and development; and companies with a strong chance to be acquired.

Its initial valuation was expected to be at least 30 % lower than the $ 2.4 billion it commanded from private investors like TPG Capital last summer.

As a result, he argues, we should expect to see plenty more acquisitions like Walmart's purchase of Jet.com, as the incumbents wake up to the threat that smaller startups are posing and attempt to «hedge their own public valuations by buying the very same unicorns that keep them awake at night.»

The new funding is expected to value Warby at more than $ 1.2 billion, which was its last valuation back in 2015.

Domestic - facing stocks have faster expected sales and earnings growth but trade at a nearly two point P / E multiple valuation discount relative to stocks with high international sales.

At its current valuation of ~ $ 67 / share, HLF has a price to economic book value ratio (price - to - EBV) of 1.2 That ratio means that the market expects only 20 % growth in NOPAT for the remainder of HLF's existence.

«Absent material equity valuation improvements for Ares and KKR, we expect further conversions of Fitch - rated alternative investment managers to be decreasingly likely, given that the remaining managers generally have more incentive income which would not benefit from the lower tax rate,» said Meghan Neenan, head of North American Non-Bank Financial Institutions at Fitch.

«At 15x and 11x NTM EPS and FCF, the stock is trading near the upper - end of its recent valuation range and we believe it is tough to expect the multiple to expand,» wrote Lamba of Apple.

It's expected to raise about $ 10 billion at a market valuation of $ 80 billion or more, according Cate Cadell and Julie Zhu of Reuters, who say it's China's biggest tech I.P.O. since Alibaba — a huge win for the Hong Kong Stock Exchange.

At its current valuation of ~ $ 7 / share, OCLR has a price to economic book value (PEBV) of just 0.7, which implies that the market expects OCLR's after - tax operating profit (NOPAT) to permanently decline by 30 %.

In any event, I'm pleased with the overall behavior of our stock holdings, and I expect that we'll have plenty of opportunity to increase our exposure to market fluctuations at more appropriate valuations.

Equities are essentially 50 - year duration investments at current valuations, and even if investors are passive and don't hold any view about future market returns at all, one of the basic principles of financial planning is to align the duration of ones assets with the expected horizon over which the funds are expected to be spent.

We expect this to continue with the Apple Watch, the television, and the car, and the world will look back on today's undervaluation as a fascinating example of market inefficiency (and likewise on our valuation at 18x earnings per share as conservative).

Valuation wise they are now at a level where I would expect to earn around 16 - 17 % p.a. long term which looks atractive to me despite potential short term head winds.

One way to assess broad market value and expected returns is to look at a relative valuation measure and track subsequent market returns.

This isn't to say that stocks can't deliver adequate returns between now and some narrow set of future dates, but to expect that stocks purchased at these levels will deliver attractive long - term returns in general requires the assumption that current valuations will remain elevated into the indefinite future.

In other words, if a very long - term investor is willing to rely on the notion that valuations when they sell will match or exceed the unusually high valuations of the present, that investor can reasonably expect stocks purchased at current levels to deliver long - term returns somewhere the range of 8 - 10 %.

I expect we'll see valuations at least touch historically normal levels at some point in the next decade, and of course, our 10 - year prospective return estimates imply this.

At present, investors rely on the emergence of yet another valuation bubble in order to perform better than the expected return of zero that is now priced into stocks for the coming 5 - year period.

For example, if a «normal» level of short - term interest rates is 4 % and investors expect 3 - 4 more years of zero interest rate policy, it's reasonable for stock prices to be valued today at levels that are about 12 - 16 % above historically normal valuations (3 - 4 years x 4 %).

In contrast, Fund returns during the advance that began in 2003 have been as intended, given the level of valuations at which the advance began, but have been lower than I would expect during typical bull markets.

At the market's actual 2000 peak, valuations were so high that even a future price / peak earnings ratio of 20 could have been expected to result in a nearly zero annualized returns over the following 10 years.

So, if ROIC is 50 % and growth comes in at 4 % a year over the next 10 years instead of 8 % a year as you expected - your ending valuation will be off by quite a bit.

Based on their valuations, Utilities are expected to grow at the same rate as the rest of the S&P 500, which seems unrealistic.

As the report notes, it comes at a time when Walker is expected to seal his # 50m move to Manchester City, after Tottenham's Premier League rivals finally agreed to match their hefty valuation of the England international.

Coutinho only inked a fresh five - and - a-half year deal back in January, and Liverpool are expected to play hardball over negotiations unless Barcelona pay up at least half of Neymar's valuation.

In intrinsic valuation, the value of an asset is the expected cash flows on that asset, discounted back at a risk adjusted discount rate.

Barclays Capital's Jay Gelb the deal's valuation appeared high at 19 times Heinz's expected 2014 earnings per share, but that it would enhance Berkshire's consumer portfolio.

But unless one expects a reprise of that bubble, or at least a reprise of the sort of enthusiasm we saw during the housing bubble (when valuations ascended high enough to drive 10 - year prospective returns below 3 % annually), the odds of sustained durable gains from present levels are weak.

At today's valuations, we can expect the Total Return to be dragged down as multiples contract.

Still, at present, there are enough headwinds from valuations, fiscal strains, unsustainable monetary policy, sovereign default risks, and other factors that we expect to maintain a «line» of downside protection with index put options even if we shift to a more constructive stance.

Its valuation at over 60x earnings indicates investors expect rapid EPS growth over the next five years.

But given today's low interest rates (recently about 2.3 % for 10 - year Treasuries) and relatively rich stock valuations (Yale finance professor Robert Shiller's cyclically adjusted P / E ratio for the stock market recently stood at 29.2 vs. an average of 16.7 since 1900), it would seem to strain credulity to expect anything close to the annualized returns of close to the annualized return of 10 % for stocks and 5 % for bonds over the past 90 years or so, let alone the dizzying gains the market has generated from its post-financial crisis lows.

However, if you add that into the near - term 10 % compound annual growth for the company's EPS that is expected by at least one professional analysis firm, you've got a case for double - digit total return very quickly (assuming the valuation doesn't compress).

We ARE at insane valuations, and I expect a «mean reversion» in the next 2 years.

This valuation looks inexpensive on an absolute basis, and especially when we factor in the high earnings growth expectations: With a PE multiple of 15.6 and an expected EPS growth rate of 21 % Lowe's trades at a PEG ratio of just 0.74.

With charts like this, looking at relative valuation, you can expect some «mean reversion» over time and you have to make a judgement about what you think is an appropriate level of premium / discount, and in turn, what you think is an attractive level.

use as the intercept the structural alpha for the factor or strategy (P); by definition structural alpha is expected return at a neutral valuation.

That being said, even at today's historically attractive valuation multiples, investors should likely only expect to earn a potential total annual return of about 5.9 % to 6.9 % (1.9 % yield plus 4 % to 5 % annual earnings growth) over the next decade, far below the company's historical return rate and the returns offered by most other dividend aristocrats.

I expect to publish a performance - related post or two, but timeliness dictates I first take a closer look at what's hot or not in The Great Irish Share Valuation Project.

I'm merely stating that after funding the pension (in line with mgmt comments) and paying the expected dividend (while not an obligation to shareholders, mgmt knows the company's relative valuation is at least partially based on its yield relative to peers and will not likely cut it) there is no capital left for growth, share repurchaes or to raise the dividend.

I update my valuation regularly, anyway, so I expect to incorporate any actual share dilution at least once a quarter.