Sysco Corporation : The trend should continue
Entry price | Target | Stop-loss | Potential |
---|
$0 |
$58.85 |
$51.6 |
+∞% |
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SYSCO Corporation shares have recently benefited from a buyers' comeback, which was accompanied by a rise in volumes and volatility. This situation suggests a continuation of the upward dynamic.
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● 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.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.64 for the 2017 fiscal year.
● 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.
● The tendency within the weekly time frame is positive above the technical support level at 45.77 USD
Weaknesses● The group usually releases earnings worse than estimated.
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