● 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 share is getting closer to its long-term support in weekly data, at USD 48.08, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 51.24 support.
● Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Historically, the company has been releasing figures that are above expectations.
● 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.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● 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 average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● The firm trades with high earnings multiples: 22.3 times its 2020 earnings per share.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 63.29 USD