The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
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 group's high margin levels account for strong profits.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● 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 few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 135.86 USD
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 company is not the most generous with respect to shareholders' compensation.
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Littelfuse, Inc. is an industrial technology manufacturing company. It designs, manufactures, and sells electronic components, modules, and subassemblies throughout the world. Its segments include Electronics, Transportation and Industrial. Its Electronics segment consists of product offerings in the industry, including fuses and fuse accessories, positive temperature coefficient (PTC) resettable fuses and polymer electrostatic discharge (ESD); semiconductor products, such as discrete transient voltage suppressor (TVS) diodes, silicon and silicon carbide metal-oxide-semiconductor field effect transistors and diodes, and insulated gate bipolar transistors (IGBT) technologies. Its Transportation segment consists of circuit protection, power control and sensing technologies for global original equipment manufacturers. Its Industrial Segment consists of industrial circuit protection (industrial fuse), industrial controls (protection relay, contactors, transformers) and temperature sensors.