Stella-Jones Inc. : There is still some upside potential
Entry price | Target | Stop-loss | Potential |
---|
$44.68 |
$50 |
$41 |
+11.91% |
---|
Shares in Stella-Jones Inc. 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● 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.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● 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.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The stock is in a well-established, long-term rising trend above the technical support level at 34.6 CAD
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at CAD 46.76.
● The company is not the most generous with respect to shareholders' compensation.
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