(ALTA) Altarea SCA - Ratings and Ratios

Altarea SCA is a pioneering French company specializing in low-carbon urban transformation, offering a comprehensive range of real estate services to cater to the needs of cities and their inhabitants. With a robust portfolio of recognized brands, the Group excels in designing, developing, marketing, and managing bespoke real estate products. As a listed company in compartment A of Euronext Paris, Altarea demonstrates a commitment to transparency and accountability.

From a market perspective, Altareas stock (ALTA) is classified as a common stock within the Residential REITs sub-industry, indicating its primary focus on residential real estate investment trusts. With a market capitalization of 2303.02M EUR, the company has a significant presence in the European real estate market.

Analyzing the stocks recent performance, we observe a last price of 107.00, which is above its SMA20 (103.64) and SMA50 (99.62), indicating a positive short-term trend. The SMA200 at 99.39 further supports the notion of a longer-term uptrend. The Average True Range (ATR) of 2.49, equivalent to 2.33%, suggests moderate volatility. Given the 52-week high and low of 114.18 and 81.26, respectively, the stock is currently trading near the upper end of its recent range.

To forecast Altareas stock performance, we must consider both technical and fundamental data. The stocks upward trend, supported by its SMA indicators, is a positive technical signal. However, the fundamental data raises concerns, with a high P/E ratio of 372.86 indicating potential overvaluation and a negative RoE of -27.57 suggesting underlying profitability issues. Assuming the current trend continues and in the absence of a forward P/E ratio, we can cautiously predict a potential target price range. If the stock maintains its current volatility and trend, it may test its 52-week high in the near term. However, the fundamental concerns may cap the upside, potentially leading to a consolidation phase or a correction. A more detailed analysis of the companys financials and industry trends is necessary to provide a more accurate forecast.

Based on the available data, a potential forecast for Altareas stock could be a short-term target of 112.00, representing a 4.7% increase from the current price, assuming the uptrend continues. However, this is tempered by the fundamental concerns, suggesting a potential risk of a pullback to the SMA50 or SMA200 levels if the market sentiment shifts. Investors should closely monitor the companys future earnings reports and industry developments to adjust their strategies accordingly.