Devin Kusmider's Contributor Page
Company: Starbucks Corp (NASDAQ:SBUX), Rutgers Team Model
Last Updated: July 19, 2019 (Prior to the F3Q2019 earnings release)
View: Bullish
Model Summary: SBUX’s key value drivers of this model include the revenue growth, same-store sales, economic profit, and the ratio of operating expenses as a percentage of revenue for each geographic region. SBUX promises to gain market share with successful new product introductions and maintain valuable historical growth. Key assumptions in this model include increased competition and growth opportunity in China in the future quarters from Luckin and other companies, an intensified economic downturn in Europe, and stronger results in the U.S. accelerated by the new product initiatives and recent changes to the customer loyalty program..Click here to continue reading
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Last Updated: July 19, 2019 (Prior to the F3Q2019 earnings release)
View: Bullish
Model Summary: SBUX’s key value drivers of this model include the revenue growth, same-store sales, economic profit, and the ratio of operating expenses as a percentage of revenue for each geographic region. SBUX promises to gain market share with successful new product introductions and maintain valuable historical growth. Key assumptions in this model include increased competition and growth opportunity in China in the future quarters from Luckin and other companies, an intensified economic downturn in Europe, and stronger results in the U.S. accelerated by the new product initiatives and recent changes to the customer loyalty program..Click here to continue reading
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
| SBUX Earnings Model (Patel & Kusmider).xlsx |
Company: Tesla Inc (NASDAQ:TSLA), Rutgers Team Model
Last Updated: October 21, 2019 (Prior to the 3Q2019 earnings release)
View: Bearish
Model Summary: The company’s futuristic products and luxury cars make Tesla stock a popular choice among investors, however, this investment provides risk factors. Investors are wary of the uncertainty ahead after a volatile year in 2018, debating whether TSLA is a worthwhile investment. Overall, we projected our TSLA earnings model to reflect a bear’s perspective on the company earnings throughout the next few months....Click here to continue reading
Last Updated: October 21, 2019 (Prior to the 3Q2019 earnings release)
View: Bearish
Model Summary: The company’s futuristic products and luxury cars make Tesla stock a popular choice among investors, however, this investment provides risk factors. Investors are wary of the uncertainty ahead after a volatile year in 2018, debating whether TSLA is a worthwhile investment. Overall, we projected our TSLA earnings model to reflect a bear’s perspective on the company earnings throughout the next few months....Click here to continue reading
| TSLA Earnings Model (Patel & Kusmider).xlsx |
Devin is an undergrad at Rutgers Business School (Class of 2022) studying Finance. Devin is a Junior Analyst at the Rutgers Student Managed Fund, where he creates discounted cash flow models and equity research reports to pitch equities for a long only portfolio. As a private markets investment research intern at Buyouts Insider, Devin has gained experience in the private equity market as well. In the fall of 2018, he competed in the Bender Trust Case Competition, where contestants must complete an equity research report and conduct a stock pitch in front of an investor, and took first place. On campus, Devin is in the Rutgers Road to Wall Street Program, and is an active member of Little Investment Bankers of Rutgers (LIBOR), Rutgers Valuating Club, and Rutgers Venture Capital Club.