With the U.S. reporting season underway, we have our eyes on a few household names that will likely change market momentum depending on results.
We have included a preview for the following stocks: Alphabet, Microsoft, Spotify, Apple, Amazon
The previews include the consensus financial metrics, recent price performance and valuation metrics on each company. To find out more on the analysis, click the links.
Q1 2022 hedge fund letters, conferences and more
The general trend for tech names has been downwards since the beginning of 2022 following inflation fears and the expectation of rising interest rates. While many of these stocks have been great performers in the past, the market will be closely looking at guidance and outlook commentary to better understand the growth outlook ahead.
26th April (post market) Q1 result – Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL)
GOOGL has fallen -13% over the past month but remains up +6.6% year to date.
- Market consensus forecasts:
- EPS ~$25.80
- Group sales ~$68.1 billion
- EBITDA ~$27.4 billion
- Fintel analysis for GOOGL:
- GOOGL is trading on a PE ratio (TTM) of 23.41
- GOOGL has a Quality/value/momentum score of 72.08
- GOOGL has a Put/Call ratio of 0.83 indicating bullish sentiment
GOOGL has a consensus ‘buy’ rating with an average target of $3,464.8 implying +41% upside
GOOGL’s stock has risen after reporting each of the last 4 results.
26th April (post market) Q3 result – Microsoft Corporation (NASDAQ:MSFT)
MSFT has fallen -9.7% over the past month and is down -16.1% year to date.
- Market consensus forecasts:
- EPS ~$2.19
- Group sales ~$49.0 billion
- EBITDA ~$24.2 billion
- Fintel analysis for MSFT:
- MSFT is trading on a PE ratio (TTM) of 29.86
- MSFT has a Quality/value/momentum score of 68.73
- MSFT has a Put/Call ratio of 0.92 indicating bullish sentiment
MSFT has a consensus ‘buy’ rating with an average target of $365.1 implying +30% upside
MSFT’s stock has risen after 2 out of the last 4 results.
27th April (post market) Q1 result – Meta Platforms Inc (NASDAQ:FB)
FB has fallen -16.4% over the past month and is down -44.8% year to date.
- Market consensus forecasts:
- EPS ~$2.56
- Group sales ~$28.3 billion
- EBITDA ~$12.8 billion
- Fintel analysis for FB:
- FB is trading on a PE ratio (TTM) of 13.58
- FB has a Quality/value/momentum score of 69.50
- FB has a Put/Call ratio of 0.69 indicating bullish sentiment
FB has a consensus ‘overweight’ rating with an average target of $304.2 implying +63% upside
FB’s stock has fallen after 3 out of the last 4 results.
28th April (post market) Q1 result – Amazon.com, Inc. (NASDAQ:AMZN)
AMZN has fallen -13.6% over the past month and is down -14.3% year to date.
- Market consensus forecasts:
- EPS ~$8.35
- Group sales ~$116.5 billion
- EBITDA ~$17.2 billion
- Fintel analysis for AMZN:
- AMZN is trading on a PE ratio (TTM) of 45.1
- AMZN has a Quality/value/momentum score of 59.69
- AMZN has a Put/Call ratio of 0.93 indicating bullish sentiment
AMZN has a consensus ‘buy’ rating with an average target of $4,060 implying +39% upside
AMZN’s stock has fallen after 3 out of the last 4 results.
28th April (post market) Q2 result – Apple Inc (NASDAQ:AAPL)
AAPL has fallen -7.2% over the past month and is down -10.5% year to date.
- Market consensus forecasts:
- EPS ~$1.42
- Group sales ~$94.0 billion
- EBITDA ~$31.0 billion
- Fintel analysis for AAPL:
- AAPL is trading on a PE ratio (TTM) of 27.06
- AAPL has a Quality/value/momentum score of 74.94
- AAPL has a Put/Call ratio of 0.88 indicating bullish sentiment
AAPL has a consensus ‘overweight’ rating with an average target of $190 implying +16% upside
AAPL’s stock has fallen after 3 out of the last 4 results.
Article by Ben Ward, Fintel
