● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 39.7 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
● The group's high margin levels account for strong profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 40.29 times its estimated earnings per share for the ongoing year.
● The company is not the most generous with respect to shareholders' compensation.
● Analysts covering the stock have recently lowered their earnings forecast.
● 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.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 48.06 EUR