Saratoga Investment

SAR
Delayed Nyse - 12/13 10:02:00 pm
25.39USD
-0.43%

Saratoga Investment Corp. : Hesitation should subside in favor of volatility

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Gallien Girardot
 

Strategy published on : 12/02/2019 | 10:19

long trade
Stop-loss triggered

Entry price : 25.15$
Target : 28.3$
Stop-loss : 24.8$
Potential : 12.52%

From a horizontal accumulation phase, the timing seems good to buy shares in Saratoga Investment Corp. and to get ahead of a break-out on the upside of the congestion area.
Investors have an opportunity to buy the stock and target the $ 28.3.

Summary

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

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● The prospective high growth for the next fiscal years is among the main assets of the company

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

● Its low valuation, with P/E ratio at 8.19 and 9.82 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.

● This company will be of major interest to investors in search of a high dividend stock.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the past twelve months, EPS forecast has been revised upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 22.06 USD


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at USD 25.6.

Zonebourse.com 2019
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