Analysts are more bearish on Ningbo Orient Wires & Cables' future after recent results, with major cuts to revenue and EPS estimates. Despite this, the consensus price target remains the same, indicating these downgrades may not affect long-term valuation. The company's projected growth aligns with the industry.
Investors justify Ningbo Orient Wires & Cables Co.,Ltd.'s high P/E ratio due to strong future growth expectations. The high P/E ratio reflects investor sentiment and future expectations.
Despite recent decline, Ningbo Orient Wires & Cables Co.,Ltd. has shown impressive long-term returns. Market pessimism persists despite EPS growth outpacing yearly share price gain. The recent sell-off could be an opportunity, given signs of a long-term growth trend.
The company's profitable reinvestment capability and high returns render it attractive. Expectations for continued good performance, given 506% return in 5 years. Yet, further due diligence is suggested to predict future performance.
Strong correlation between company's EPS growth and share price, along with significant dividend payments, contributes to 584% shareholder return over 5 years. Despite share price dips, long-term investment still looks promising due to this trend.
Ningbo Orient Wires & Cables Stock Forum
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