The underlying tendency is to the upside for shares in Acerinox S.A. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. Investors have an opportunity to buy the stock and target the € 14.
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.
Acerinox S.A. accounts for 4.28 % of our European Portfolio. A trade is currently open since 02/17/2021 with a purchase price of € 9.71. Discover the other 19 stocks of the European portfolio managed by the MarketScreener portfolio management team.
The company's profit outlook over the next few years is a strong asset.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The stock, which is currently worth 2021 to 0.59 times its sales, is clearly overvalued in comparison with peers.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The company is one of the best yield companies with high dividend expectations.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
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.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
The company's earnings releases usually do not meet expectations.
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