TECHNIP ENERGIES N.V

TE
Real-time Quote. Real-time  - 12/01 11:27:56 am
12.005EUR +0.04%

Technip Energies N.V. : A trend reversal is in sight

11/23/2021 | 11:16am
Nicolas Chéron
Market Strategist

Strategy published on : 11/23/2021 | 11:16

long trade
Stop-loss triggered

Entry price : 12.495€
Target : 14.295€
Stop-loss : 11.895€
Potential : 14.41%

The recent downside mouvement appears to lose momentum which could allow Technip Energies N.V. shares to regain a positive medium term outlook.
Investors have an opportunity to buy the stock and target the € 14.295.

Summary

● Overall, the company has poor fundamentals for a medium to long-term investment strategy.

● From a short-term investment perspective, the company presents a deteriorated fundamental situation


Strengths

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Its low valuation, with P/E ratio at 9.71 and 8.11 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.

● Given the positive cash flows generated by its business, the company's valuation level is an asset.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● Analyst opinion has improved significantly over the past four months.

● Consensus analysts have strongly revised their opinion of the company over the past 12 months.


Weaknesses

● The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.

● The company does not generate enough profits, which is an alarming weak point.

● The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

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