The company has solid fundamentals for a short-term investment strategy.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The group usually releases upbeat results with huge surprise rates.
Sales forecast by analysts have been recently revised upwards.
The stock is in a well-established, long-term rising trend above the technical support level at 88.24 USD
Stock prices approach a strong long-term resistance in weekly data at USD 135.49.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company benefits from high valuations in earnings multiples.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
For the past year, analysts have significantly revised downwards their profit estimates.