Analyst Martin Comtesse from Jefferies maintained a Buy rating on INFICON Holding AG and keeping the price target at CHF117.00.
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Martin Comtesse has given his Buy rating due to a combination of factors that suggest potential for future growth despite recent challenges. The company experienced a temporary setback in profitability due to trade disruptions and increased operational costs, which resulted in a significant miss on expected EBIT margins. However, the management’s adjustment of their future guidance to an operational profit margin of around 18% aligns with previous communications, indicating a realistic approach to overcoming current hurdles.
Moreover, the positive order trend, as evidenced by a book-to-bill ratio greater than one, suggests sustained demand for INFICON’s products. This positive indicator, along with the company’s strategic adjustments, supports the potential for recovery and growth, justifying the Buy rating. Martin Comtesse’s analysis reflects confidence in the company’s ability to navigate short-term challenges and capitalize on long-term opportunities.
Comtesse covers the Industrials sector, focusing on stocks such as Bechtle Aktiengesellschaft, INFICON Holding AG, and Basler AG. According to TipRanks, Comtesse has an average return of -0.5% and a 42.69% success rate on recommended stocks.