No turn-around in sight
|Contributor / Partner|
Strategy published on : 03/17/2017 | 16:44
Entry price : 42.55$
Target : 49.7$
Stop-loss : 39.75$
Potential : 16.8%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● The company is in a robust financial situation considering its net cash and margin position.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● The company shows low valuation levels, with an enterprise value at 0.68 times its sales.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 35.1 USD
● The stock is close to a major daily resistance at USD 43.65, which should be gotten rid of so as to gain new appreciation potential.