Ningbo Tuopu Group Co.,Ltd. : There is still some upside potential
Entry price | Target | Stop-loss | Potential |
---|
CN¥40.2 |
CN¥52 |
CN¥38.2 |
+29.35% |
---|
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.
Strengths● The prospective high growth for the next fiscal years is among the main assets of the company
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 29.61 CNY
Weaknesses● The company's earnings releases usually do not meet expectations.
● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 69.68 times its estimated earnings per share for the ongoing year.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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