CNBC's Michael Bloom contributed to this report. SoFi Technologies SOFI +3.42 shares were higher Wednesday after another Wall. Two competing billboards from Burger King and McDonalds. ![]() That's another reason to like the stock's setup, he said. Updated J11:55 am ET / Original J11:32 am ET. Burger King claps back at McDonalds with its own ChatGPT ad after the chatbot calls the Big Mac the most iconic burger. "But, the point is that expectations have moved to an extremely low level." Lasser also noted comparable sales estimates imply the compound annual growth rate will slow 90 basis points in the third quarter and 40 basis points in the fourth quarter. "Perhaps, the market is assigning a lower multiple than the average of the last 5 years," he said. That would mandate an approximately 8% operating margin, which Lasser said is just half the company's long-term target set at between 14% and 15%. ![]() Using that average multiple under the assumption the market is discounting estimates for next year, he said it can be implied the stock is anticipating earnings per share of around $15 in 2024. Lasser noted the stock trades at 16.5 times the firm's per-share earnings estimate for 2023, which is almost 40% below the average price-to-earnings multiple for the next 12 months of 27.3 times seen in the last five years. 23, 2021, 11:49 AM Splunk (NASDAQ:SPLK) has observed the following analyst ratings within the last quarter: In the last 3 months, 24 analysts. But the company narrowly missed expectations of comparable sales, reporting 9.3% against a 9.4% estimate. Where Splunk Stands With Analysts Benzinga Jun. Ulta posted $2.63 billion in revenue, slightly edging out the $2.62 billion analyst forecast. (SPLK) Stock Price, News, Quote & History - Yahoo Finance SPLK - Splunk Inc. Earnings per share came in at $6.88, including a 14-cent-per-share benefit, ahead of the $6.82 consensus estimate of analysts polled by FactSet. ULTA YTD mountain Ulta, year to date When reporting earnings last month, the company beat expectations on both lines. "After ULTA's shares have pulled back by 20% in the last month, we think the risk-reward is firmly tilted to the upside," he said in a note to clients Thursday. Analyst Michael Lasser named the buy-rated beauty stock a top idea exiting second-quarter earnings season. Barclays analyst Raimo Lenschow maintained a Buy rating on Splunk (SPLK Research Report) today and set a price target of 130.00.The company’s shares closed yesterday at 101.60. Ulta is a good pick despite a post-earnings sell-off, UBS said. Overview Key Ratios Trading Information Last Close 98.89 Sector Technology Industry Software - Infrastructure Investment Style Mid Growth Day Range 99.00 101.95 Year Range 65.00 116.84 Market. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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