In a short-term perspective, the company has interesting fundamentals.
The group's activity appears highly profitable thanks to its outperforming net margins.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 209.9 USD
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company's "enterprise value to sales" ratio is among the highest in the world.
With a 2017 P/E ratio at 26.24 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.