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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Fresnillo plc    FRES   GB00B2QPKJ12

FRESNILLO PLC

(FRES)
  Report
Delayed Quote. Delayed London Stock Exchange - 01/26 10:35:17 am
1069 GBX   -1.20%
2020London stocks fall on fears over new coronavirus strain
RE
2020FRESNILLO : RBC Slashes Fresnillo PT, Reiterates Sector Perform Rating
MT
2020Fresnillo COO Resigns; Successor Named
MT
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Fresnillo plc : Towards the breakout of a major resistance level

10/21/2020 | 03:18am EST
long trade
Stop-loss triggered
Entry price : 1309GBX | Target : 1500GBX | Stop-loss : 1170GBX | Potential : 14.59%
Fresnillo plc shares are trading close to a major technical resistance, which, if broken, could yield new upside potential and an increase in volatility. This scenario can be anticipated.
Investors have an opportunity to buy the stock and target the GBX 1500.
Fresnillo plc : Fresnillo plc : Towards the breakout of a major resistance level
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • In a short-term perspective, the company has interesting fundamentals.

Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • The group's high margin levels account for strong profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • The tendency within the weekly time frame is positive above the technical support level at 880.4 GBX

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 GBX 1357.5.
  • Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
  • The company's enterprise value to sales, at 4.14 times its current sales, is high.
  • The company benefits from high valuations in earnings multiples.
  • The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

© 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 (USD)
Sales 2020 2 364 M - -
Net income 2020 338 M - -
Net Debt 2020 251 M - -
P/E ratio 2020 32,0x
Yield 2020 1,35%
Capitalization 10 904 M 10 885 M -
EV / Sales 2020 4,72x
EV / Sales 2021 3,57x
Nbr of Employees 5 510
Free-Float 25,0%
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 16,21 $
Last Close Price 14,80 $
Spread / Highest target 47,4%
Spread / Average Target 9,55%
Spread / Lowest Target -38,2%
EPS Revisions
Managers and Directors
NameTitle
Octavio Alvidrez Cano Chief Executive Officer
Alberto Baillères González Non-Executive Chairman
Tomas Iturriaga Hidalgo Chief Operating Officer
Mario Arreguín Frade Chief Financial Officer
Fernando Benjamín Ruíz Sahagún Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
FRESNILLO PLC-4.21%10 885
BHP GROUP9.88%166 015
RIO TINTO PLC7.44%134 768
ANGLO AMERICAN PLC3.73%46 804
GRUPO MÉXICO, S.A.B. DE C.V.9.69%35 585
TECK RESOURCES LIMITED9.74%10 874