KINGSPAN GROUP PLC

KRX
Real-time Estimate Quote. Real-time Estimate  - 11/24 06:34:00 am
70.05EUR -3.58%

Kingspan Group plc : The trend should regain control

Nicolas Aleksy
Contributor / Partner

Strategy published on : 11/19/2020 | 03:22

long trade
Stop-loss triggered

Entry price : 73.85€
Target : 82.2€
Stop-loss : 71.5€
Potential : 11.31%

Shares in Kingspan Group plc do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the € 82.2.

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 group usually releases upbeat results with huge surprise rates.

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

● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.

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

● The stock is in a well-established, long-term rising trend above the technical support level at 57.7 EUR


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at EUR 80.85.

● The company benefits from high valuations in earnings multiples.

● The company is not the most generous with respect to shareholders' compensation.

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