The underlying tendency is to the upside for shares in Tecan Group and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. Investors have an opportunity to buy the stock and target the CHF 258.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 216.4 CHF
The company's enterprise value to sales, at 3.96 times its current sales, is high.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 41.75 times its estimated earnings per share for the ongoing year.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
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