APL APOLLO TUBES LIM

533758
End-of-day quote. End-of-day quote  - 01/20
968INR +0.01%

APL Apollo Tubes Limited : Good timing to go long again

01/13/2022 | 02:43am
Nicolas Aleksy
Contributor / Partner

Strategy published on : 01/13/2022 | 02:43

long trade
Live

Entry price : 911.1INR
Target : 1080INR
Stop-loss : 780INR
Potential : 18.54%

APL Apollo Tubes Limited shares are closing back in on major support levels around 884.4 INR based on daily price data, which could offer attractive entry points.
Investors have an opportunity to buy the stock and target the INR 1080.

Summary

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


Strengths

● Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.

● The company's profit outlook over the next few years is a strong asset.

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

● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.

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

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

● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

● The opinion of analysts covering the stock has improved over the past four months.

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


Weaknesses

● The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 41.26 times its estimated earnings per share for the ongoing year.

● In relation to the value of its tangible assets, the company's valuation appears relatively high.

● The company is highly valued given the cash flows generated by its activity.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

● Over the past twelve months, analysts' opinions have been revised negatively.

● The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

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