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 JPY 152.1 JPY in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the JPY 150.7 support.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Its low valuation, with P/E ratio at 8.14 and 7.8 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
This company will be of major interest to investors in search of a high dividend stock.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
Below the resistance at 175.5 JPY, the stock shows a negative configuration when looking looking at the weekly chart.