● 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
● 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 USD 85.19 USD in weekly data.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 84.49 support.
● Historically, the company has been releasing figures that are above expectations.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Its low valuation, with P/E ratio at 9.19 and 7.82 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
● 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.
Weaknesses
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 114.5 USD