The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 21.3 EUR in weekly data.
Thanks to a sound financial situation, the firm has significant leeway for investment.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
The group usually releases earnings worse than estimated.
With an expected P/E ratio at 50.1 and 23.15 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
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.