GUARDANT HEALTH, INC

GH
Delayed Quote. Delayed  - 08/10 04:00:00 pm
85.92USD +0.36%

Guardant Health, Inc. : The upward trend should continue

Gallien Girardot
Junior Analyst

Strategy published on : 07/30/2020 | 08:04

long trade
Stop-loss triggered

Entry price : 83.02$
Target : 93$
Stop-loss : 80.6$
Potential : 12.02%

Guardant Health, Inc. shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
Investors have an opportunity to buy the stock and target the $ 93.

Strengths

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

● The group usually releases upbeat results with huge surprise rates.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 76.19 USD


Weaknesses

● The company has insufficient levels of profitability.

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● 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.

MarketScreener.com 2020
Copier lien
Latest news on GUARDANT HEALTH, INC.
13h ago
3d ago
4d ago
4d ago
4d ago