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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Kindred Group    KIND SDB   SE0007871645

KINDRED GROUP

(KIND SDB)
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Kindred Group : The stock is approaching a major resistance level

08/05/2020 | 05:12am EST
long trade under condition
Stop-loss triggered
Entry price : 65SEK | Target : 73SEK | Stop-loss : 61.5SEK | Cancellation Level : 58.15SEK | Potential : 12.31%
Kindred Group 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 should benefit from the breakout of the SEK 65 level to target the SEK 73.
Kindred Group : Kindred Group : The stock is approaching 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 is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 45% by 2022.
  • The company is one of the best yield companies with high dividend expectations.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at SEK 70.24.
  • The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
  • Analysts covering the stock have recently lowered their earnings forecast.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

© 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 2020 1 113 M 1 521 M 1 521 M
Net income 2020 153 M 209 M 209 M
Net cash 2020 33,0 M 45,1 M 45,1 M
P/E ratio 2020 13,9x
Yield 2020 5,64%
Capitalization 2 126 M 2 909 M 2 905 M
EV / Sales 2020 1,88x
EV / Sales 2021 1,62x
Nbr of Employees 1 628
Free-Float 94,7%
Upcoming event on KINDRED GROUP
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Average target price 1 030,35 GBX
Last Close Price 936,02 GBX
Spread / Highest target 24,8%
Spread / Average Target 10,1%
Spread / Lowest Target -1,38%
EPS Revisions
Managers and Directors
NameTitle
Henrik Tjärnström Chief Executive Officer
Anders Ström Chairman
Johan Wilsby Chief Financial Officer
Marcus Smedman Chief Technology Officer
Peter Boggs Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
KINDRED GROUP31.77%2 909
FLUTTER ENTERTAINMENT PLC-3.83%34 255
GALAXY ENTERTAINMENT GROUP LIMITED-1.99%33 084
SANDS CHINA LTD.-9.99%31 985
EVOLUTION GAMING GROUP AB4.46%22 333
PENN NATIONAL GAMING, INC.26.68%16 918