LEONI AG : Continuation of the downward trend
01/10/2019 | 03:44am EST
Entry price :
30.88€ | Target : 25€ | Stop-loss : 32.5€ | Potential : 19.04%
The underlying trend is clearly bearish for stocks in LEONI AG. This should continue to be the case over the coming trading sessions. Investors should open a short trade and target the € 25.
In a short-term perspective, the company has interesting fundamentals.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.33 for the 2018 fiscal year. Its low valuation, with P/E ratio at 8.2 and 7.7 for the ongoing fiscal year and 2019 respectively, makes the stock pretty attractive with regard to earnings multiples. The company is one of the best yield companies with high dividend expectations.
Technically, the stock approaches a strong medium-term resistance at EUR 33.96. Revenue estimates are regularly revised downwards for the current and coming years. For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years. 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. Below the resistance at 37.44 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
1st jan. Capitalisation (M$) Investor Rating
LEONI AG 3.37% 1 164
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5 048 M
Net income 2018
P/E ratio 2018
P/E ratio 2019
EV / Sales 2018
EV / Sales 2019
1 023 M
Upcoming event on LEONI AG
Number of Analysts
Average target price
Spread / Average Target