After several weeks of range-bound movement, shares in Continental AG could enter into a new clear trend. The exit out of the current trading range could be the signal for a return of volatility. Investors have an opportunity to buy the stock and target the € 110.6.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.58 for the 2020 fiscal year.
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
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The company sustains low margins.
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.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 296.53 times its estimated earnings per share for the ongoing year.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
For the past year, analysts have significantly revised downwards their profit estimates.
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