Wavestone : Volatility should make a big comeback
Entry price | Target | Stop-loss | Potential |
---|
€56.9 |
€65 |
€53 |
+14.24% |
---|
After accumulation, acceleration. Timing appears favorable to go long in shares of Wavestone and to anticipate an exit of the trading range on the upside.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths● The prospective high growth for the next fiscal years is among the main assets of the company
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● The company appears highly valued given the size of its balance sheet.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● The overall consensus opinion of analysts has deteriorated sharply over the past four months.
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