COMPAGNIE FINANCIÈRE

CFR
Delayed Quote. Delayed  - 09/16 11:30:51 am
97.98CHF -1.13%

Compagnie Financière Richemont SA : The resistance should give in

07/29/2021 | 02:58am
Jordan Dufee
Senior Analyst

Strategy published on : 07/29/2021 | 02:58

long trade
Stop-loss triggered

Entry price : 116.1CHF
Target : 135CHF
Stop-loss : 105CHF
Potential : 16.28%

Shares in Compagnie Financière Richemont SA are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
Investors have an opportunity to buy the stock and target the CHF 135.

Summary

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

● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.


Strengths

● Before interest, taxes, depreciation and amortization, the company's margins are particularly high.

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

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

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

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

● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

● Over the past four months, analysts' average price target has been revised upwards significantly.

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


Weaknesses

● The company benefits from high valuations in earnings multiples.

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

● The average consensus view of analysts covering the stock has deteriorated over the past four months.

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