Close to the technical resistance level of the current trading range, stocks in Dometic Group AB should consolidate over the coming trading sessions and move back towards their support based on daily closing prices in the short term.
Strengths
● Historically, the company has been releasing figures that are above expectations.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The stock is in a well-established, long-term rising trend above the technical support level at 72.4 SEK
Weaknesses
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● Technically, the stock approaches a strong medium-term resistance at SEK 95.84.
● The group shows a rather high level of debt in proportion to its EBITDA.
● Revenue estimates are regularly revised downwards for the current and coming years.
● 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 past year, analysts have significantly revised downwards their profit estimates.
Dometic Group AB publ is a Sweden-based company that manufactures and supplies mobile leisure products for recreational vehicles, such as motorhomes and caravans, and marine, commercial and passenger vehicles. Its products include awnings, air conditioners, refrigerators, ovens, stoves, windows, lights, doors, sanitation systems, generators, sinks, cooktops, portable fridges and freezers, holding tanks, ovens, sinks, cool boxes, dishwashers, grills, inverters, safes, vacuum cleaners, generators, battery charging systems, wine coolers, and minibars, among others. Its products are sold through multiple distribution channels in around 100 countries under the brands: Dometic, WAECO, Marine Air, Cruisair, Condaria, SeaLand and Mobicool. The Company operates production facilities in Asia, Europe and the United States
DOMETIC GROUP AB 
