Ladies and gentlemen, buckle up! We've just gotten our hands on the latest analyst forecasts for Cancom
(ETR:COK), and let me tell you, the numbers are *ON FIRE*! After their yearly results, analysts are buzzing with excitement, and for good reason. Let's dive in and see what all the fuss is about!
First things first, the stock has taken a hit this year, down 16.53% to €24.84. But don't let that fool you! Analysts are seeing something big on the horizon. The consensus rating is a "Moderate Buy," with 2 Buy ratings and 4 Hold ratings. No Sell ratings in sight! That's right, folks, the smart money is betting on Cancom SE.
Now, let's talk numbers. The average 12-month price target is a whopping €28.83! That's a 28.48% upside from the last price of €22.44. The highest price target is €34.00, and the lowest is €25.00. That's a range of potential outcomes, but one thing is clear: analysts see significant upside potential.
But why the optimism? Well, Cancom SE just reported a 14.1% increase in revenue to €1,737.6 million in 2024. That's growth, growth, growth! And their cash flow from operating activities increased by around €100 million to €192.9 million. That's liquidity, folks! They're printing money!
And get this, they're paying a dividend of €1.00 per share. That's a 4.03% dividend yield based on the trailing twelve month period. Income investors, take note!
But it's not all sunshine and rainbows. EBITDA decreased slightly to €113.0 million from €115.7 million in the previous year. And the next quarter’s earnings estimate is €0.21, which is lower than the previous quarter's EPS of €0.28. But don't worry, the market hates uncertainty, and Cancom SE is positioning itself for future growth.
They're focusing on strategic priorities like artificial intelligence,
and cloud, security and connectivity, the Internet of Things, and the modern workplace. That's the future, folks! And Cancom SE is right in the middle of it.
So, what's the bottom line? Cancom SE is a "Moderate Buy" with significant upside potential. The stock has taken a hit this year, but analysts see big things on the horizon. The company is growing, has strong liquidity, and is paying a dividend. And they're positioning themselves for future growth in key areas.
So, do this! Buy Cancom SE now, before the rest of the market catches on. This is a no-brainer, folks! Don't miss out on this opportunity. Boo-yah! This stock's a winner!
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