Valeo
FR
Real-time Euronext Paris - 11/17 05:35:10 pm
58.2EUR
-0.17%

A technical turn-around configuration

Envoyer par e-mail
Jordan Dufee
 

Strategy published on : 09/11/2017 | 08:52

long trade
Live

Entry price : 59.49€
Target : 67€
Stop-loss : 55.3€
Potential : 12.62%

Valeo shares could get back into a rising trend over the medium term, as suggested by technical indicators.
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

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

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

● As regards fundamentals, the enterprise value to sales ratio is at 0.81 for the current period. Therefore, the company is undervalued.

● With a P/E ratio at 13.68 for the current year and 11.94 for next year, earnings multiples are highly attractive compared with competitors.

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


Weaknesses

● Analysts covering the stock have recently lowered their earnings forecast.

Zonebourse.com 2017
Envoyer par e-mail