Ferrari N.V. : Buying pressure
Entry price | Target | Stop-loss | Potential |
---|
$157.29 |
$169.7 |
$144.9 |
+7.89% |
---|
The recent break-out to the upside has created potential for further gains for shares in Ferrari N.V..
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● The group's high margin levels account for strong profits.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● The company's "enterprise value to sales" ratio is among the highest in the world.
● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 41.14 times its estimated earnings per share for the ongoing year.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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