Zalando
It's official, I'm up +50% on my #Zalando position... $ZAL $ZLNDEuropean retail is bouncing back with vigor...
Trading at 80.8% below our estimate of its fair value
Earnings are forecast to grow 28.45% per year
Earnings grew by 394% over the past year
My target is still around $30 30 euros...
However, after this 50% rise, I'm afraid the squeeze will run out of steam and shorts will take over again...
@ZAL MN1 TF set to correct to €37.16Observing the MN1 TF PA, Zalando is finding a bottom in 2024 and is set for a correction to 23.6% = €37.16!
Company guidance is positive, revenue is ok, and buyback program starting today to mid June are all positive catalysts to help push the price higher!
Lesgo!
So glad I didn't sell after a +20% gain. Now up +30% Zalando Tweaks Strategy After Revenues Dip 1.9% in 2023
In 2023, Zalando's revenues dropped by 1.9% to 10.1 billion euros, with GMV slipping by 1.1% to 14.6 billion euros, indicating weak online fashion demand. However, adjusted full-year EBIT increased to 350 million euros from 185 million euros, leading to a 1.7 percentage point rise in EBIT margin. Zalando plans to enhance its B2B business by opening its logistics and services to brands and retailers, while focusing on quality and lifestyle propositions for consumers. This new strategy aims to achieve 5-10% compound annual growth in revenues and GMV over the next five years, with a target of covering 15% of the European fashion market by 2028.
Trading at 84.4% below our estimate of its fair value
Earnings are forecast to grow 27.31% per year
Earnings grew by 1966% over the past year
Zalando, incomprehension for all investors exposed to EuropeZalando SE is a publicly traded German online retailer of shoes, fashion and beauty active across Europe. The company was founded in 2008 by David Schneider and Robert Gentz and has more than 51 million active users in 25 European markets.
- Revenue is meaningful (€10B)
- Earnings are forecast to grow by an average of 34.2% per year for the next 3 years
- Market cap is meaningful (€4B)
- Profit margins improved or ZAL became profitable
- ZAL does not have negative shareholders equity.
- The company is currently profitable
- Debt level is low and not considered a risk
I am taking a significant position in XETR:ZAL today. Across Germany, BENELUX, and Switzerland, consumers use Zalando to have their clothing delivered. I believe the results will be above expectations. Good luck to everyone.
Zalando: Final Stage 🏁Zalando's stock price retreated last week, so we consider the high of the magenta wave (iv) to have been reached. We therefore locate the price in the last stage of the gray wave II and expect a descent to the green Target Zone between €18.71 and €10.40 before this movement is completed. Long entries could be made here. However, there is also a 30% probable alternative, which would see a further rise should the price exceed the resistance at €26.40.
ZALANDO BUY Hello, According to my analysis of zalando stock, there is a good investment opportunity. The stock has broken through the downward channel. It also broke the support at level 28. The double button pattern was breached. Which indicates that the stock is in a very positive condition. And confirms the strong entry of buyers. Good luck everyone
ZALANDO share price analysis - rather weak in the medium term!Hello dear readers,
Teaser: Purchase 🔼 from insiders
Volume: € 39.88 m
Market capitalisation: € 22 bn
Potential: Short
Insiders have been making decent moves on ZALANDO lately. In the long term, this may be a good idea, but what about the short term? Can we possibly get even better entry prices?
Chart-technical assessment
- The share price has been showing slight weakness for some time. The price has left the major trend channel to the downside.
- The current consolidation is developing below the trend channel in the form of a pennant. This formation is considered a trend continuation formation and thus supports the medium-term prospect of further falling prices.
- Wave E has been completed and thus a breakout on the downside should be imminent in the next few days.
The plan
- As long as the pennant is not exited to the downside, I do not expect prices to fall further "yet".
- However, should the formation be exited to the downside, I would like to establish a long position at the price target of this formation, at around 64 points.
- Updates on this idea will follow as soon as facts have been created here.
If you want to support my work I would be happy about a Like & Follow 🙏
Best regards & success!
Chartdigger
Kinnevik, end of the big fallKinnevik has been in a bear market the past 5 months. They are now at at support and resistance area where they will bounce and enter a bull market again. We can now se a huge divergence between the price and MACD. I think we can enter with small positions now, and when we see a ABC pattern we can enter with a bigger position.