VALEO ● 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 EUR 23.59 EUR in weekly data.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 23.68 support.
● Historically, the company has been releasing figures that are above expectations.
● The stock, which is currently worth 2019 to 0.44 times its sales, is clearly overvalued in comparison with peers.
● This company will be of major interest to investors in search of a high dividend stock.
Weaknesses
● The company does not generate enough profits, which is an alarming weak point.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● Analysts covering the stock have recently lowered their earnings forecast.
● For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
● 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.
