Analysis date: 17.05.2022
The stock is classified in the neutral zone since 15.02.2022.
Weak interest since 06.05.2022.
Earnings Rev Trend
Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 12.04.2022 at a price of 117.90.
Based on its growth potential and our own criteria, at its current price the stock is moderately undervalued.
MT Tech Trend
The forty day Medium Term Technical Trend is negative since 15.02.2022. The confirmed Technical Reverse point (Tech Reverse + 1.75%) is
4wk Rel Perf
The four week relative overperformance versus STOXX600 is 6.04%.
The stock has been on the moderate-sensitivity level since 03.09.2021.
Bear Market Factor
On average, the stock is likely to decline with the index.
Bad News Factor
When the stock's pressure is specific, the market sanction on average is 1.76%.
Mkt Cap in $bn
With a market capitalization >$8bn, MICHELIN is considered a large-cap stock.
A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 1.6 often suggests the projected growth is a result of a base effect, meaning the company can often be in a turn around situation. In this case, the estimated PE is a better indicator of a stock's expected growth than the Long Term Growth (LT Growth).
The estimated PE is for the year 2024.
The annualized growth estimate is for the current year to 2024.
Avg. Nb analysts
Over the last seven weeks, an average of 16 analysts provided earnings per share estimates.
The twelve month estimated dividend yield represents 38.97% of earnings forecasts.
For 1% of index variation, the stock varies on average by 1.24%.
70.70% of stock movements are explained by index variations.
Value at Risk
The value at risk is estimated at EUR 13.99. The risk is therefore 12.01%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.
First Analysis Date