Chemours Co
CC
Real-time BATS EXCHANGE - 04/23 10:00:00 pm
52.34USD
+0.79%

There is still some upside potential

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David Meurisse
Contributor / Partner

Strategy published on : 04/13/2018 | 14:23

long trade
Live

Entry price : 50.95$
Target : 56.9$
Stop-loss : 47.4$
Potential : 11.68%

The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Its low valuation, with P/E ratio at 9.26 and 8.34 for the ongoing fiscal year and 2019 respectively, makes the stock pretty attractive with regard to earnings multiples.

● Sales forecast by analysts have been recently revised upwards.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.

● For the past twelve months, EPS forecast has been revised upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

● The tendency within the weekly time frame is positive above the technical support level at 46.08 USD


Weaknesses

● The company's earnings releases usually do not meet expectations.

● The company is not the most generous with respect to shareholders' compensation.

Zonebourse.com 2018
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