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5-day change | 1st Jan Change | ||
15.22 NOK | -5.47% | -4.28% | -10.68% |
May. 23 | Elliptic Laboratories ASA Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
May. 23 | Transcript : Elliptic Laboratories ASA, Q1 2024 Earnings Call, May 23, 2024 |
Summary
- From a short-term investment perspective, the company presents a deteriorated fundamental situation
Strengths
- Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
- Thanks to a sound financial situation, the firm has significant leeway for investment.
- Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
- The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
- The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 48.79 times its estimated earnings per share for the ongoing year.
- Based on current prices, the company has particularly high valuation levels.
- The company appears highly valued given the size of its balance sheet.
- For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
- The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the 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.
- For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
- Over the past four months, analysts' average price target has been revised downwards significantly.
- The group usually releases earnings worse than estimated.
Ratings chart - Surperformance
Sector: Software
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-10.68% | 158M | - | ||
-22.41% | 26.1B | C | ||
+30.46% | 12.06B | - | ||
-0.61% | 4.91B | C | ||
-18.28% | 782M | - | ||
+21.48% | 638M | - | ||
-15.88% | 427M | - | ||
+6.74% | 324M | - | - | |
0.00% | 281M | - | - | |
-26.14% | 223M | - | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Technical analysis
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- Ratings Elliptic Laboratories ASA