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OFFON

FLATEXDEGIRO AG

(FTK)
  Report
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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
Strengths
  • 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

Weaknesses
  • 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.

© MarketScreener.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
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
Consensus
Sell
Buy
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
NameTitle
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