MISUMI GROUP INC.

9962
End-of-day quote. End-of-day quote  - 04/21
3050JPY -1.61%

MISUMI Group Inc. : The trend should regain control

04/07/2021 | 03:35am
Nicolas Aleksy
Contributor / Partner

Strategy published on : 04/07/2021 | 03:35

long trade
Live

Entry price : 3160¥
Target : 3615¥
Stop-loss : 2990¥
Potential : 14.4%

The timing appears opportune to go long in shares of MISUMI Group Inc. as we anticipate another pick-up in the underlying trend.
Investors have an opportunity to buy the stock and target the ¥ 3615.

Summary

● The company has solid fundamentals for a short-term investment strategy.


Strengths

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

● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.

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

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

● The tendency within the weekly time frame is positive above the technical support level at 2955 JPY


Weaknesses

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 49.17 times its estimated earnings per share for the ongoing year.

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

© MarketScreener.com 2021
Copier lien
All news about MISUMI GROUP INC.
03/30
02/10
09/29
03/2020
09/2019