The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Renault accounts for 4.27 % of our European Portfolio. A trade is currently open since 04/09/2015 with a purchase price of € 87.13. Discover the other 19 stocks of the European portfolio managed by the 4-traders portfolio management team.
The company is in a robust financial situation considering its net cash and margin position.
The group usually releases upbeat results with huge surprise rates.
The stock, which is currently worth 2017 to 0.36 times its sales, is clearly overvalued in comparison with peers.
Its low valuation, with P/E ratio at 5.53 and 5.46 for the ongoing fiscal year and 2018 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the best yield companies with high dividend expectations.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
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.
Technically, the stock approaches a strong medium-term resistance at EUR 88.74.