● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths
● 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 34.17 EUR in weekly data.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 34.17 support.
● Its core activity has a significant growth potential and sales are expected to surge, according to Thomson Reuters' forecast. Indeed, those may increase by 60% by 2020.
● The company returns high margins, thereby supporting business profitability.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
● With a 2018 P/E ratio at 25.13 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
● For the last few months, analysts have been revising downwards their earnings forecast.
● Below the resistance at 43.24 EUR, the stock shows a negative configuration when looking looking at the weekly chart.