Facebook

FB
Delayed Nasdaq - 05/17 10:00:00 pm
185.3USD
-0.9%

Buyers are coming back

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David Meurisse
Contributor / Partner

Strategy published on : 03/11/2019 | 09:54

long trade
Stop-loss triggered

Entry price : 173.901$
Target : 188.4$
Stop-loss : 168.9$
Potential : 8.34%

The recent break-out to the upside has created potential for further gains for shares in Facebook.
Investors have an opportunity to buy the stock and target the $ 188.4.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


Strengths

● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.


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.

● Based on current prices, the company has particularly high valuation levels.

● The firm trades with high earnings multiples: 22.59 times its 2019 earnings per share.

● For the past year, analysts have significantly revised downwards their profit estimates.

Zonebourse.com 2019
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