Icade
ICAD
Real-time Euronext Paris - 11/17 05:35:25 pm
76.5EUR
-0.53%

The technical configuration is positive

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Jordan Dufee
 

Strategy published on : 11/09/2017 | 10:15

long trade
Live

Entry price : 77.58€
Target : 83€
Stop-loss : 75€
Potential : 6.99%

Shares in Icade show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● The company returns high margins, thereby supporting business profitability.

● The group usually releases upbeat results with huge surprise rates.

● The company is one of the best yield companies with high dividend expectations.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● 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 70.95 EUR


Weaknesses

● One of the major weak points of the company is its financial situation.

● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

● The company's "enterprise value to sales" ratio is among the highest in the world.

● With a 2017 P/E ratio at 28.96 times the estimated earnings, the company operates at rather significant levels of earnings multiples.

Zonebourse.com 2017
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