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 199.29 USD in weekly data.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
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.
Historically, the company has been releasing figures that are above expectations.
For several months, analysts have been revising their EPS estimates roughly upwards.
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 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 26.35 times its estimated earnings per share for the ongoing year.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The underlying tendency is negative on the weekly chart below the resistance at 277.45 USD