Cooper Tire & Rubber
CTB
Delayed Nyse - 12/13 09:23:00 pm
35.125USD
+1.66%

No turn-around in sight

Envoyer par e-mail
David Meurisse
Contributor / Partner

Strategy published on : 03/17/2017 | 16:44

long trade
Stop-loss triggered

Entry price : 42.55$
Target : 49.7$
Stop-loss : 39.75$
Potential : 16.8%

Cooper Tire & Rubber Co's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Summary

● 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.


Strengths

● 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


Weaknesses

● 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.

Zonebourse.com 2017
Envoyer par e-mail