Safran shares trade close to a major resistance zone that is situated around 115.25 EUR. This zone should be difficult to break through, which in turn suggests a corrective move ahead. Investors should open a short trade and target the € 116.08.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 45.63 times its estimated earnings per share for the ongoing year.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Revenue estimates are regularly revised downwards for the current and coming 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.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
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