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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Frontier Developments plc    FDEV   GB00BBT32N39

FRONTIER DEVELOPMENTS PLC

(FDEV)
  Report
Delayed Quote. Delayed London Stock Exchange - 08/03 11:35:24 am
1982 GBX   +1.95%
07/31FRONTIER DEVELOPMENTS PLC : The stock forcefully approaches new pivot levels
06/05ELITE DANGEROUS : Odyssey Expansion Announced
PU
06/03FRONTIER DEVELOPMENTS PLC : annual sales release
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Frontier Developments plc : The stock forcefully approaches new pivot levels

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07/31/2020 | 03:31am EDT
long trade
Live
Entry price : 1964GBX | Target : 2300GBX | Stop-loss : 1700GBX | Potential : 17.11%
Frontier Developments plc shares are closing in on important technical levels. The technical chart pattern suggests that the currently tested resistance will be broken and new upside potential arises while volatility is likely to increase. Investors could get ahead of this signal in order to benefit from a better risk/reward ratio.
Investors have an opportunity to buy the stock and target the GBX 2300.
Frontier Developments plc : Frontier Developments plc : The stock forcefully approaches new pivot levels
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • The company returns high margins, thereby supporting business profitability.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Historically, the company has been releasing figures that are above expectations.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • Over the past year, analysts have regularly revised upwards their sales forecast 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.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The stock is in a well-established, long-term rising trend above the technical support level at 1412 GBX

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at GBX 2065.
  • The stock is close to a major daily resistance at GBX 2065, which should be gotten rid of so as to gain new appreciation potential.
  • The company's "enterprise value to sales" ratio is among the highest in the world.
  • With an expected P/E ratio at 59.83 and 47.39 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
Ratings chart
Subsector Software - NEC
1st jan.Capitalization (M$)Investor Rating
FRONTIER DEVELOPMENTS PLC59.08%981
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ZOOM VIDEO COMMUNICATIONS, ..273.18%71 629
SEA LIMITED203.83%57 798
ATLASSIAN CORPORATION PLC46.79%43 605
SPLUNK INC.40.09%33 334
CADENCE DESIGN SYSTEMS, INC..57.51%30 458
SYNOPSYS INC.43.12%30 040
OKTA, INC.91.54%27 536
BEIJING KINGSOFT OFFICE SOF..139.77%25 974
COUPA SOFTWARE INCORPORATED109.54%20 555
More Results

Jordan Dufee
© MarketScreener.com 2020
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2020 76,1 M 99,1 M 99,1 M
Net income 2020 12,5 M 16,3 M 16,3 M
Net cash 2020 41,0 M 53,4 M 53,4 M
P/E ratio 2020 60,6x
Yield 2020 -
Capitalization 747 M 981 M 972 M
EV / Sales 2020 9,27x
EV / Sales 2021 7,83x
Nbr of Employees 500
Free-Float 52,3%
Upcoming event on FRONTIER DEVELOPMENTS PLC
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Average target price 2 011,31 GBX
Last Close Price 1 944,00 GBX
Spread / Highest target 23,5%
Spread / Average Target 3,46%
Spread / Lowest Target -12,6%
EPS Revisions
Managers
NameTitle
David John Braben Chief Executive Officer & Director
David R. Gammon Non-Executive Chairman
Alex Bevis Chief Financial Officer, Secretary & Director
David John Walsh Non-Executive Director
Jonathan Francis Watts Director & Chief Creative Officer