PROSUS N.V.

PRX
Real-time Quote. Real-time  - 05/14 05:54:54 am
83.44EUR -0.11%

Prosus N.V. : Is the distribution phase coming to an end ?

04/30/2021 | 10:42am
Tommy Douziech
Junior Analyst

Strategy published on : 04/30/2021 | 10:42

long trade
Stop-loss triggered

Entry price : 90.8€
Target : 109.05€
Stop-loss : 87.1€
Potential : 20.1%

There has been very little movement in Prosus N.V.'s share price. This situation is bound to change. An exit on the upside out of the current trading range should go with a comeback in volatility. Therefore, the timing for new long positions seems good.
Investors have an opportunity to buy the stock and target the € 109.05.

Summary

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


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 86.92 EUR in weekly data.

● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 83.76 support.

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

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

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

● Sales forecast by analysts have been recently revised upwards.

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

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

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● 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.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 86.92 EUR


Weaknesses

● 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.

● Based on current prices, the company has particularly high valuation levels.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

● For the past seven days, analysts have been lowering their EPS expectations for the company.

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