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    ENOG   GB00BG12Y042

ENERGEAN PLC

(ENOG)
  Report
Delayed London Stock Exchange  -  11:35 2022-08-16 am EDT
1242.00 GBX   +0.32%
08/08ENERGEAN PLC(TASE : ENOG) added to TA-35 Index
CI
07/21Energean plc Announces Board Committee Membership Changes
CI
07/08Jefferies Upgrades Energean to Buy From Hold
MT
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Energean plc : A medium term support level to take advantage of

06/29/2022 | 04:10am EDT
long trade
Stop-loss triggered
Entry price : 1156GBX | Target : 1368GBX | Stop-loss : 950GBX | Potential : 18.34%
The selling pressure regarding Energean plc shares could subside shortly. In fact, the support area that is currently being tested around 1139 GBX has come into play and could, at least in the short term, keep the downside pressure at bay.
Investors have an opportunity to buy the stock and target the GBX 1368.
Energean plc : Energean plc : A medium term support level to take advantage of
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths
  • According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
  • The earnings growth currently anticipated by analysts for the coming years is particularly strong.
  • Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • With a P/E ratio at 12.69 for the current year and 3.09 for next year, earnings multiples are highly attractive compared with competitors.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For the past twelve months, EPS forecast has been revised upwards.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses
  • One of the major weak points of the company is its financial situation.
  • With an enterprise value anticipated at 4.39 times the sales for the current fiscal year, the company turns out to be overvalued.
  • The overall consensus opinion of analysts has deteriorated sharply over the past four months.
  • Over the past twelve months, analysts' opinions have been revised negatively.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
  • Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

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Financials (USD)
Sales 2022 1 073 M - -
Net income 2022 205 M - -
Net Debt 2022 2 587 M - -
P/E ratio 2022 13,5x
Yield 2022 1,64%
Capitalization 2 671 M 2 676 M -
EV / Sales 2022 4,90x
EV / Sales 2023 2,15x
Nbr of Employees 620
Free-Float 74,5%
Upcoming event on ENERGEAN PLC
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Last Close Price 1 238,00 GBX
Average target price 1 574,63 GBX
Spread / Average Target 27,2%
EPS Revisions
Managers and Directors
Rigas Mathios Chief Executive Officer
Panos Benos Chief Financial Officer
Karen Simon Independent Non-Executive Chairman
Stephen Moore Technical Director
Theodosis Papathanasiadis Manager-Information Technology
Sector and Competitors
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