● The company has solid fundamentals for a short-term investment strategy.
Strengths
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 114 EUR
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at EUR 144.7.
● The stock is close to a major daily resistance at EUR 147.6, which should be gotten rid of so as to gain new appreciation potential.
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● With a 2020 P/E ratio at 40.03 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● Revenue estimates are regularly revised downwards for the current and coming years.
● 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.