STEICO SE : A good level to buy
Entry price | Target | Stop-loss | Potential |
---|
€107.2 |
€128 |
€95 |
+19.4% |
---|
The technical support around 97.7 EUR emanating from daily closing prices could trigger a technical rebound for STEICO SE shares.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
Weaknesses● With a 2021 P/E ratio at 33.55 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The company appears highly valued given the size of its balance sheet.
● The company is not the most generous with respect to shareholders' compensation.
● The average consensus view of analysts covering the stock has deteriorated over the past four months.
● Over the past twelve months, analysts' opinions have been revised negatively.
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