HELLOFRESH SE

HFG
Real-time Estimate Quote. Real-time Estimate  - 10/30 06:54:47 am
47.08EUR +0.60%

HelloFresh SE : Increase of volatility

Nathan Houtch
Junior Analyst

Strategy published on : 10/16/2020 | 10:03

long trade
Live

Entry price : 55.1€
Target : 67.3€
Stop-loss : 45.3€
Potential : 22.14%

The recent break-out to the upside has created potential for further gains for shares in HelloFresh SE.
Investors have an opportunity to buy the stock and target the € 67.3.

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

● According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.

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

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

● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.

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

● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.

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

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The stock is in a well-established, long-term rising trend above the technical support level at 28.44 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.

● The stock is close to a major daily resistance at EUR 52, which should be gotten rid of so as to gain new appreciation potential.

● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

● The company benefits from high valuations in earnings multiples.

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