September 18, 2020 at 03:42 am EDT
By Jordan Dufee
Share
BUY
Stop-loss triggered
Entry price
Target
Stop-loss
Potential
¥5,390
¥7,000
¥4,600
+29.87%
The underlying tendency is to the upside for shares in Tokyotokeiba Co., Ltd. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Summary
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths
● Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 33% by 2022.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Historically, the company has been releasing figures that are above expectations.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 3545 JPY
Weaknesses
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
TOKYOTOKEIBA CO.,LTD. is a Japan-based company mainly engaged in the public competition business, amusement park business, warehouse leasing business and service business. The Company has four business segments. The Public Competition segment is engaged in the leasing, maintenance and management of the Oi racetrack in Tokyo, the horserace ticket sales facilities in Niigata, Ibaragi and Miyagi Prefectures, the home voting systems, and the Isesaki auto race tracks in Gunma Prefecture. The Amusement Park segment is engaged in the operation of Tokyo Summerland, a comprehensive leisure land located in Tokyo. The Warehouse Leasing segment is engaged in the leasing of distribution warehouses in Tokyo. The Service segment is engaged in the leasing of commercial facilities, the management and operation of rented commercial facilities and owned office buildings, trunk rooms, rental apartments and rental restaurants, as well as the design and construction of air conditioning equipment.
TOKYOTOKEIBA CO.,LTD. 
