● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths
● The share is getting closer to its long-term support in weekly data, at AUD 0.54, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the AUD 0.54 support.
● The prospective high growth for the next fiscal years is among the main assets of the company
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● As regards fundamentals, the enterprise value to sales ratio is at 1.55 for the current period. Therefore, the company is undervalued.
● Its low valuation, with P/E ratio at 5.42 and 3.16 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● 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.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 0.54 AUD