Vonovia Breakout; Confirmation uptrend
Vonvovia SE one of the biggest property holdings just got back above the EMA 50 on weeks close; a quite reliable trend indicator in the past of this stock.
Analyst ratings are on average at Buy with a PT of 48,26€.
Fundamentally, Vonovia reported a great quarter in Q3 with double digit growth in FFO, mainly driven by EBITDA operations improvement, but also lower interest rates, beating analyst in EPS 0.20% and Revenue.
The PE ratio is currently at 11,3 under the average of 18,3 in the industry, dividend is at 3,8% next year, but at a PEG ratio of 0,9 which leads into a PE ratio of 16 in 2020.
This is due to a aquisition over the next 12 months.
Bottom line here, the stock is fundamentally healthy and currently regarded as undervalued.
The stock held up great compared to the Dax -0.22% . Vonovia is up 7% over 1y while the Dax -0.22% is at -12%.
Right now the Dax -0.22% is in an oversold state, thus Vonovia is a good choice for taking the correction.
Vonovia had a good time exploiting the low rates situation by EZB 0.00% . They did a lot of aquisitions, build new real estates and lots of modernisations for staying competitive in the future.
But since I expect rate hikes by 2019 earlier than exspected, following the FED, which Vonovia already guided in their last ER for 2019, I don't see this stock as the best choice in a timeframe of up to 5 years.
Thus the tight timeframe of under half a year.
Preferably I'd hold until Dividends, before Q2 report.
TP 46,50€, the upper trend channel and last "inofficial ATH"
SL 38,50, last big support, lower trend line
Analyst ratings are on average at Buy with a PT of 48,26€.
Fundamentally, Vonovia reported a great quarter in Q3 with double digit growth in FFO, mainly driven by EBITDA operations improvement, but also lower interest rates, beating analyst in EPS 0.20% and Revenue.
The PE ratio is currently at 11,3 under the average of 18,3 in the industry, dividend is at 3,8% next year, but at a PEG ratio of 0,9 which leads into a PE ratio of 16 in 2020.
This is due to a aquisition over the next 12 months.
Bottom line here, the stock is fundamentally healthy and currently regarded as undervalued.
The stock held up great compared to the Dax -0.22% . Vonovia is up 7% over 1y while the Dax -0.22% is at -12%.
Right now the Dax -0.22% is in an oversold state, thus Vonovia is a good choice for taking the correction.
Vonovia had a good time exploiting the low rates situation by EZB 0.00% . They did a lot of aquisitions, build new real estates and lots of modernisations for staying competitive in the future.
But since I expect rate hikes by 2019 earlier than exspected, following the FED, which Vonovia already guided in their last ER for 2019, I don't see this stock as the best choice in a timeframe of up to 5 years.
Thus the tight timeframe of under half a year.
Preferably I'd hold until Dividends, before Q2 report.
TP 46,50€, the upper trend channel and last "inofficial ATH"
SL 38,50, last big support, lower trend line
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.