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 USD 213.8 USD in weekly data.
The close medium term support offers good timing for purchasing the stock.
According to sales estimates from analysts polled by Thomson-Reuters, the company is among the best with regard to growth.
The group's high margin levels account for strong profits.
The group usually releases upbeat results with huge surprise rates.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
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.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 29.99 times its estimated earnings per share for the ongoing year.
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 past seven days, analysts have been lowering their EPS expectations for the company.
Below the resistance at 277.45 USD, the stock shows a negative configuration when looking looking at the weekly chart.