VALNEVA SE

VLA
Real-time Quote. Real-time  - 04/20 08:45:15 am
13.04EUR -0.61%

Valneva SE : Volatility should make a big comeback

04/08/2021 | 06:07am
Nicolas Chéron
Market Strategist

Strategy published on : 04/08/2021 | 06:07

long trade
Live

Entry price : 10.9€
Target : 14.9€
Stop-loss : 9.75€
Potential : 36.7%

After several weeks of range-bound movement, shares in Valneva SE could enter into a new clear trend. The exit out of the current trading range could be the signal for a return of volatility.
Investors have an opportunity to buy the stock and target the € 14.9.

Summary

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


Strengths

● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 8.99 support.

● The prospective high growth for the next fiscal years is among the main assets of the company

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

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

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

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

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

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● 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 7.51 EUR


Weaknesses

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● With an enterprise value anticipated at 8.56 times the sales for the current fiscal year, the company turns out to be overvalued.

● The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

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