Ratings Coveo Solutions Inc.

Equities

CVO

CA22289D1078

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
7.95 ^CAD	-1.12%		-3.05%	-17.19%

Mar. 28	Coveo Solutions Inc. Introduces Two New Groundbreaking Genai Business Applications and 15+ Ai Innovations in the New Coveo Spring Release	CI
Feb. 06	Coveo Solutions Maintained at Buy at Stifel GMP After Fiscal Q3 Results; Price Target Raised to C$15.00	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 56% by 2026.
Thanks to a sound financial situation, the firm has significant leeway for investment.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
Low profitability weakens the company.
The company's enterprise value to sales, at 5.72 times its current sales, is high.
The company appears highly valued given the size of its balance sheet.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
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.

Ratings chart - Surperformance

Sector: Software

	1st Jan change	Capi.	ESG Refinitiv
COVEO SOLUTIONS INC.	-17.19%	642M	-
MICROSOFT CORPORATION	+10.29%	3,082B	C+
SYNOPSYS INC.	+8.12%	84.92B	B
CADENCE DESIGN SYSTEMS, INC.	+5.55%	78.23B	B+
DASSAULT SYSTÈMES SE	-13.73%	54.06B	B+
ATLASSIAN CORPORATION	-24.43%	46.79B	B-
PALANTIR TECHNOLOGIES INC.	+19.98%	45.87B	D+
THE TRADE DESK, INC.	+21.26%	42.65B	D+
SEA LIMITED	+60.27%	37.28B	D+
TAKE-TWO INTERACTIVE SOFTWARE, INC.	-9.36%	24.89B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes