SEVEN GROUP HOLDINGS

SVW
End-of-day quote. End-of-day quote  - 03/05
21.58AUD -2.09%

Seven Group Holdings Limited : Good timing to anticipate a continuation of the trend

02/22/2021 | 03:00am
Nicolas Aleksy
Contributor / Partner

Strategy published on : 02/22/2021 | 03:00

long trade
Stop-loss triggered

Entry price : 22.44AUD
Target : 24.07AUD
Stop-loss : 21.7AUD
Potential : 7.26%

The underlying tendency is to the upside for shares in Seven Group Holdings Limited and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Investors have an opportunity to buy the stock and target the AUD 24.07.

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 company's attractive earnings multiples are brought to light by a P/E ratio at 13.37 for the current year.

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

● The stock is in a well-established, long-term rising trend above the technical support level at 15.88 AUD


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 group shows a rather high level of debt in proportion to its EBITDA.

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