The return of higher trading volumes and volatility could reflect theoretically the starting point of the return of a new upward move for shares in Rocket Internet SE. The upward movement can be expected to continue. Investors have an opportunity to buy the stock and target the € 26.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Sales forecast by analysts have been recently revised upwards.
For the past twelve months, EPS forecast has been revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Technically, the stock approaches a strong medium-term resistance at EUR 23.84.
Low profitability weakens the company.
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.
Based on current prices, the company has particularly high valuation levels.
With an expected P/E ratio at 47.92 and -38.52 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Below the resistance at 25 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
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