Shares in Realtek Semiconductor Corp. show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths
● Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 53% by 2022.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 257.5 TWD
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Realtek Semiconductor Corp. is a Taiwan-based company principally engaged in the research, development, production and distribution of integrated circuits (ICs). The Company's products portfolio consists of communications network ICs, including Ethernet controllers, gateway controllers, network interface controller chips, switch controllers, wireless local area network (WLAN) chips and others; computer peripheral ICs, including personal computer (PC) audio compression/decompression modules (CODECs), consumer audio CODECs, card reader controllers and clock generator chipsets, as well as multimedia ICs, including digital video playing chips, network media chips and integrated flash memory micro processing controllers. Its products are applied in network cards, switches, gateways, routers, computers, mobile phones, digital cameras and televisions. The Company distributes its products in domestic market and to overseas markets.