Blue Bird Corporation : The technical configuration is positive
Entry price | Target | Stop-loss | Potential |
---|
US$17.55 |
US$19.35 |
US$16.6 |
+10.26% |
---|
Shares in Blue Bird Corp show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Summary● 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.
Strengths● The company shows low valuation levels, with an enterprise value at 0.47 times its sales.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● For the past twelve months, EPS forecast has been revised upwards.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 16.55 USD
Weaknesses● The company's earnings releases usually do not meet expectations.
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