Hugo Boss AG : Technically solid
Published june 28, 2021 at 10:43 am
By
| Entry price | Target | Stop-loss | Potential |
|---|
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€46.17 |
€52.1 |
€42 |
+12.84% |
|---|
The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Summary● The company has solid fundamentals for a short-term investment strategy.
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● Sales forecast by analysts have been recently revised upwards.
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● The company sustains low margins.
● The firm trades with high earnings multiples: 42.84 times its 2021 earnings per share.
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● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● 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 appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
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