PLTR last reported earnings on February 17, 2022 before the market opened (BMO). The company held a conference call for investors at 8:00 AM eastern on the same day. PLTR shares declined -15.8% the day following the earnings announcement to close at 11.77.
Similarly, How is PE ratio calculated?
P/E Ratio is calculated by dividing the market price of a share by the earnings per share. P/E Ratio is calculated by dividing the market price of a share by the earnings per share. For instance, the market price of a share of the Company ABC is Rs 90 and the earnings per share are Rs 10. P/E = 90 / 9 = 10.
What company is Palantir? Palantir Technologies is a public American software company that specializes in big data analytics.
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Palantir Technologies.
| Type | Public company |
|---|---|
| Founded | 2003 |
| Founders | Peter Thiel Nathan Gettings Joe Lonsdale Stephen Cohen Alex Karp |
| Headquarters | Denver, Colorado, U.S. |
| Key people | Peter Thiel (Chairperson) Alex Karp (CEO) |
Thereof, Why Palantir stock is down?
Palantir (ticker: PLTR) stock is down about 35% year to date, pressured by a combination of poorly received financial results and the recent selloff in high-growth, high-multiple software shares.
Is 30 a good PE ratio?
A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company’s early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.
What is a good PE?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings.
What is good PE ratio in India?
As far as Nifty is concerned, it has traded in a PE range of 10 to 30 historically. Average PE of Nifty in the last 20 years was around 20. * So PEs below 20 may provide good investment opportunities; lower the PE below 20, more attractive the investment potential.
Is Palantir an AI company?
More and more, I see that Palantir is an artificial intelligence company. It utilizes data and it helps companies with their services, and, as Yahoo has eloquently explained: PLTR has tremendous upside potential and is well-positioned to emerge a winner in the data analytics and machine learning space.
Is Palantir ethical?
Palantir’s roots and original team have raised ethical concerns since their founding. Palantir was created in 2003 by PayPal co-founder Peter Thiel, when he financed Stanford students and Paypal engineers to work on software to help governments control their data.
Will Palantir come back?
The performance of Palantir (NYSE:PLTR) stock was unimpressive for most of 2021. After a strong listing in September 2020, the stock gained almost 250% by January 2021. However, PLTR stock subsequently retreated on both macro and micro factors.
Why is Ebay PE so low?
EBAY’s 12-month-forward PE to Growth (PEG) ratio of 1.69 is considered a poor value as the market is overvaluing EBAY in relation to the company’s projected earnings growth due. EBAY’s PEG comes from its forward price to earnings ratio being divided by its growth rate.
Is a PE ratio of 7 GOOD?
A “good” P/E ratio isn’t necessarily a high ratio or a low ratio on its own. The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.
Why were PE ratios so high in 2009?
During those twelve months the banks were writing down all of the bad debt associated with the mortgage backed securities that has lost so much value. This meant that the banks were reporting negative earnings. Since the financial sector is a large part of the S&P500, this alone had an enormous effect on the index p/e.
Is 10 a good PE ratio?
A P/E ratio of 10 might be pretty normal for a utility company, while it might be exceptionally low for a software business. That’s where the industry PE ratios come into play.
What is the highest PE ratio?
10 highest stocks with the highest PE trading in Nifty 500
- Unichem Laboratories Ltd. (PE: 1243.4)
- Future Consumer Ltd. (PE: 865)
- Equitas Holdings Ltd. (PE: 404.2)
- Infibeam Avenues Ltd. (PE: 398.4)
- Ujjivan Financial Services Ltd. (PE: 344)
- Future Retail Ltd. (PE: 330.4)
- Indoco Remedies Ltd. …
- Mahindra CIE Automation Ltd.
Why Nifty PE is so high?
Nifty has delivered a decade-high earnings growth in FY21 as an outcome of the infrastructure boom, liquidity inflows, and tech-driven supply chain efficiency which assisted the rally and will strive to do so in the future considering the level of deleveraging we are witnessing and the cash that companies are holding …
Is 20 a good PE ratio?
The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.
Is Nifty PE too high?
A good Nifty PE ratio lies in 19-20 range. This means the market is fairly priced. A Nifty PE ratio of more than 25 means the market is highly overvalued.
Is Palantir like snowflake?
Snowflake and Palantir operate overlapping markets and aim to help solve the same issues. Namely, both companies create software tools that allow enterprises to derive data-driven insights from disparate systems. According to research from IDC, over 80% of enterprise data will be unstructured by 2025.
Is Palantir a good company?
Key Points. Palantir disclosed new performance metrics for the first time. The company has a strong balance sheet and is well-positioned to invest in growth. Its commercial sector is beginning to gain steam.
What does Palantir Gotham do?
Palantir Gotham is an enterprise platform for planning missions and running investigations using disparate data, while maintaining privacy and access controls.
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