After the strong price increase that has been seen over the past few weeks, it appears opportune to anticipate a correction phase for shares in Merlin Properties SOCIMI, S.A., as the resistance around 13.41 EUR approaches. Investors should open a short trade and target the € 12.29.
The company usually posts poor financials for mid or long term investments.
The company has poor fundamentals for a short-term investment strategy.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company is one of the best yield companies with high dividend expectations.
For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 12.38 EUR
Stock prices approach a strong long-term resistance in weekly data at EUR 13.33.
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The company's "enterprise value to sales" ratio is among the highest in the world.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
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