Analysts are more bearish about Jiangyin Jianghua Microelectronics Materials' prospects, with a serious reduction to revenue and EPS estimates. Despite the downgrade, the business is still expected to grow at roughly the same market rate. The negativity from analysts could be grounds for caution for shareholders.
Investors anticipate robust future growth from Jiangyin Jianghua Microelectronics Materials, hence its high P/E compared to the market. Shareholders' confidence in the company's future earnings keeps them comfortable with the P/E, providing strong support to the share price.
Jiangyin Jianghua Micro-electronic Materials Stock Forum
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