● The company has solid fundamentals for a short-term investment strategy.
Strengths
● The group usually releases upbeat results with huge surprise rates.
● The stock, which is currently worth 2020 to 0.55 times its sales, is clearly overvalued in comparison with peers.
● Its low valuation, with P/E ratio at 11.37 and 7.71 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
● 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
● 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.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● 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.