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4-Traders Homepage  >  Equities  >  Nyse  >  Joy Global Inc.    JOY

Analysis summary4-Traders Strategies 

Joy Global : The USD 52.7 support area is tested

04/18/2013 | 09:56am
Opinion : Bullish above USD 52.7
Target price : USD 58.15
Stop loss: USD 49.95
Mining Support Services & Equipment

Joy Global’s share price was heavily penalized and is now in an oversold situation near to a solid support area.

According to Surperformance rating, the company is an opportunity for a trading strategy. Indeed, it is a good compromise between its value and its visibility.

Technically, the security fell sharply for several days. This fall has led the stock towards the USD 52.7 support area which could become useful as a stepping stone for a technical rebound. The target of this bullish trend is the USD 58.15 resistance. Even though moving averages are still in a bearish trend, the oversold situation could encourage a renewed interest in Joy Global' stock.

Considering technical and fundamental elements, it seems to be an appropriate timing to take immediately a long position in order to benefit from the USD 52.7 support area. A first target price will be the USD 58.15 resistance. A stop loss order will be placed under the long term support.

Joy Global : Joy Global : The USD 52.7 support area is tested

© Zonebourse.com 2013

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Financial Ratios

Size 2015e 2016e
Capitalization 1 496 M$ -
Entreprise Value (EV) 2 457 M$ 2 301 M$
Valuation 2015e 2016e
P/E ratio (Price / EPS) 9,76x 13,5x
Capitalization / Revenue 0,48x 0,54x
EV / Revenue 0,79x 0,83x
EV / EBITDA 5,65x 6,46x
Yield (DPS / Price) 5,19% 5,19%
Price to book (Price / BVPS) 0,54x 0,54x
Profitability 2015e 2016e
Operating Margin (EBIT / Sales) 9,85% 7,64%
operating Leverage (Delta EBIT / Delta Sales) -2,51x -2,91x
Net Margin (Net Profit / Revenue) 4,94% 4,00%
ROA (Net Profit / Asset) 3,50% 2,93%
ROE (Net Profit / Equities) 6,33% 5,15%
Rate of Dividend 50,6% 70,0%
Balance Sheet Analysis 2015e 2016e
CAPEX / Sales   2,68% 3,16%
Cash Flow / Sales 9,03% 11,1%
Capital Intensity (Assets / Sales) 1,41x 1,36x
Financial Leverage (Net Debt / EBITDA) 2,21x 2,26x
Income Statement Evolution
More Financials
EPS Revisions