HELLOFRESH SE

HFG
Real-time Estimate Quote. Real-time Estimate  - 08/05 07:00:00 am
47.74EUR -0.58%

HelloFresh SE : The trend should regain control

The editorial team
 

Strategy published on : 07/31/2020 | 03:29

long trade
Live

Entry price : 46.66€
Target : 55€
Stop-loss : 39.6€
Potential : 17.87%

The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Investors have an opportunity to buy the stock and target the € 55.

Summary

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

● The company has solid fundamentals for a short-term investment strategy.


Strengths

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

● The company is in a robust financial situation considering its net cash and margin position.

● 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.

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

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● The tendency within the weekly time frame is positive above the technical support level at 26.84 EUR


Weaknesses

● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

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

● The firm trades with high earnings multiples: 37.86 times its 2020 earnings per share.

MarketScreener.com 2020
Copier lien
Latest news on HELLOFRESH SE
5d ago
7d ago
07/23
07/21
07/16