The company has poor fundamentals for a short-term investment strategy.
Strengths
Thanks to a sound financial situation, the firm has significant leeway for investment.
The group usually releases upbeat results with huge surprise rates.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
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
The stock is in a well-established, long-term rising trend above the technical support level at 32.78 EUR
Weaknesses
Technically, the stock approaches a strong medium-term resistance at EUR 53.5.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
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 firm trades with high earnings multiples: 29.51 times its 2020 earnings per share.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.