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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

flatex AG : Close to a key resistance level

10/20/2020 | 11:55am EDT
long trade
Target price hit
Entry price : 45.15€ | Target : 54.4€ | Stop-loss : 39.9€ | Potential : 20.49%
flatex AG shares are reaching an interesting resistance zone. The current technical chart pattern suggests that a breach of this level could lead to new upside potential.
Investors have an opportunity to buy the stock and target the € 54.4.
flatex AG : flatex AG : Close to a key resistance level
  • According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The tendency within the weekly time frame is positive above the technical support level at 31.6 EUR

  • Stock prices approach a strong long-term resistance in weekly data at EUR 45.7.
  • The stock is close to a major daily resistance at EUR 47.45, which should be gotten rid of so as to gain new appreciation potential.
  • Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
  • With an enterprise value anticipated at 5.04 times the sales for the current fiscal year, the company turns out to be overvalued.

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Sales 2021 474 M 566 M 566 M
Net income 2021 142 M 170 M 170 M
Net cash 2021 244 M 291 M 291 M
P/E ratio 2021 21,1x
Yield 2021 -
Capitalization 3 008 M 3 582 M 3 592 M
EV / Sales 2021 5,84x
EV / Sales 2022 4,85x
Nbr of Employees 971
Free-Float 52,8%
Income Statement Evolution
Mean consensus BUY
Number of Analysts 7
Last Close Price 110,30 €
Average target price 148,14 €
Spread / Average Target 34,3%
EPS Revisions
Managers and Directors
Frank Niehage Chairman-Management Board
Muhamad Said Chahrour Chief Financial Officer
Martin Korbmacher Chairman-Supervisory Board
Stefan Müller Deputy Chairman-Supervisory Board
Herbert Seuling Member-Supervisory Board
Sector and Competitors