After accumulation, acceleration. Timing appears favorable to go long in shares of Ahold Delhaize N.V. and to anticipate an exit of the trading range on the upside. Investors have an opportunity to buy the stock and target the € 26.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Historically, the company has been releasing figures that are above expectations.
The stock, which is currently worth 2020 to 0.52 times its sales, is clearly overvalued in comparison with peers.
With a P/E ratio at 13.22 for the current year and 13.21 for next year, earnings multiples are highly attractive compared with competitors.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Over the last twelve months, the sales forecast has been frequently revised upwards.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
The tendency within the weekly time frame is positive above the technical support level at 21.18 EUR
The company sustains low margins.
ę MarketScreener.com 2020
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