Ingenico Group
ING
Real-time Euronext Paris - 08/17 05:35:13 pm
85.92EUR
-0.36%

Big comeback of buyers

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Strategy published on : 03/16/2017 | 08:39

long trade
Stop-loss triggered

Entry price : 91.74€
Target : 100€
Stop-loss : 86€
Potential : 9%

INGENICO shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
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

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

● The company is in a robust financial situation considering its net cash and margin position.

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

● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.

● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.


Weaknesses

● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.

● For the past year, analysts have significantly revised downwards their profit estimates.

Zonebourse.com 2017
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