COG looks like oversold and has potential to retrace up to 10 %
Summary
The company has strong fundamentals compare to its peers in the same industry. With a lower mix of growth, profitability, debt and visibility criteria.
For a short-term investment strategy, the company has poor fundamentals.
Strengths
The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 16.28 USD in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 15.92 support.
The group's activity appears highly profitable thanks to its outperforming net margins.
The group usually releases upbeat results with huge surprise rates.
The company's attractive earnings multiples are brought to light by a P/E ratio at 11.25 for the current year.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Analysts covering the stock have recently lowered their earnings forecast.
For the last few months, analysts have been revising downwards their earnings forecast.
Financials (USD)
Sales 2021 1 968 M
Net income 2021 577 M
Net Debt 2021 757 M
P/E ratio 2021 11,3x
Yield 2021 3,12%
Sales 2022 2 025 M
Net income 2022 556 M
Net Debt 2022 560 M
P/E ratio 2022 11,3x
Yield 2022 3,32%
Capitalization 6 542 M
EV / Sales 2021 3,71x
EV / Sales 2022 3,51x
Nbr of Employees 503
Free-Float 81,3%
The company has strong fundamentals compare to its peers in the same industry. With a lower mix of growth, profitability, debt and visibility criteria.
For a short-term investment strategy, the company has poor fundamentals.
Strengths
The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 16.28 USD in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 15.92 support.
The group's activity appears highly profitable thanks to its outperforming net margins.
The group usually releases upbeat results with huge surprise rates.
The company's attractive earnings multiples are brought to light by a P/E ratio at 11.25 for the current year.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Analysts covering the stock have recently lowered their earnings forecast.
For the last few months, analysts have been revising downwards their earnings forecast.
Financials (USD)
Sales 2021 1 968 M
Net income 2021 577 M
Net Debt 2021 757 M
P/E ratio 2021 11,3x
Yield 2021 3,12%
Sales 2022 2 025 M
Net income 2022 556 M
Net Debt 2022 560 M
P/E ratio 2022 11,3x
Yield 2022 3,32%
Capitalization 6 542 M
EV / Sales 2021 3,71x
EV / Sales 2022 3,51x
Nbr of Employees 503
Free-Float 81,3%