Is it time to consider buying Konecranes Plc (HEL:KCR)?

Konecranes Plc (HEL:KCR) isn’t the biggest company out there, but it has seen a significant share price rise of 32% over the past two months on the HLSE. The company’s trading levels have reached their highest level in the last year, following the recent rebound in the share price. As a mid-cap stock with high analyst coverage, you can assume that any recent changes in the company’s outlook are already priced into the stock. But what if there is still a buying opportunity? Let’s take a look at Konecranes’ outlook and value based on the most recent financial data to see if the opportunity still exists.

Check out our latest analysis for Konecranes

What are Konecranes worth?

Good news, investors! Konecranes is still a good deal right now. Our valuation model shows that the intrinsic value of the stock is €67.73, but it is currently trading at €52.70 on the stock market, meaning there is still a buying opportunity now . However, given that Konecranes stock is quite volatile (meaning its price movements are magnified relative to the rest of the market), this could mean that the price may fall, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator of stock price volatility.

Can we expect growth from Konecranes?

Investors looking for growth in their portfolio may want to consider a company’s prospects before buying its shares. Buying a great company with a strong outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations. Konecranes’ profits are expected to increase by 28% over the next few years, which suggests a very optimistic future. This should lead to more robust cash flows, translating into a higher stock market value.

What this means for you

Are you a shareholder? Given that KCR is currently undervalued, now may be a great time to increase your stock holdings. With a positive outlook on the horizon, it appears this growth has yet to be fully priced into the stock price. However, other factors should also be considered, such as capital structure, which could explain the current undervaluation.

Are you a potential investor? If you’ve been keeping an eye on KCR for a while, now might be the time to take the plunge. Its prosperous future prospects are not yet fully reflected in the current stock price, meaning it’s not too late to buy KCR. But before making an investment decision, consider other factors such as the strength of its balance sheet, in order to make an informed investment decision.

Since timing is so important when it comes to individual stock picking, it’s worth taking a look at the latest analyst forecasts. So don’t hesitate to consult our free graph representing analyst forecasts.

If you are no longer interested in Konecranes, you can use our free platform to view our list of over 50 other stocks with high growth potential.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to constitute financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your objectives or your financial situation. Our goal is to provide you with targeted, long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.