ILIAD ● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 171.9 EUR in weekly data.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 170.15 support.
● The company returns high margins, thereby supporting business profitability.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● The RSI level highlights a moderate predominance of sellers pressure on the stock.
Weaknesses
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● With a 2016 P/E ratio at 25.36 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 198.05 EUR
