BEKAERT NV ● 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 current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 38.19 EUR in weekly data.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 37.67 support.
● 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.
● As regards fundamentals, the enterprise value to sales ratio is at 0.81 for the current period. Therefore, the company is undervalued.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 13.06 for the current year.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● Below the resistance at 41.66 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
