Monmouth Real Estate Investment Corporation : The underlying trend is to the upside
Entry price | Target | Stop-loss | Potential |
---|
$14.93 |
$15.9 |
$14.4 |
+6.5% |
---|
The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Strengths● The prospective high growth for the next fiscal years is among the main assets of the company
● The company returns high margins, thereby supporting business profitability.
● The company is one of the best yield companies with high dividend expectations.
● Sales forecast by analysts have been recently revised upwards.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The tendency within the weekly time frame is positive above the technical support level at 14.18 USD
Weaknesses● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● With an expected P/E ratio at 35.78 and 26.56 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
● 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.
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