Deutsche Post is a German postal and logistics company that has been in operation for over 500 years. The company has a strong presence in Europe and is expanding its operations globally. Deutsche Post is also listed on the Frankfurt Stock Exchange and has been performing well in recent years. In this article, we will discuss why Deutsche Post’s stock is close to a buy signal.
Firstly, Deutsche Post’s financial performance has been impressive in recent years. The company’s revenue has been steadily increasing, with a 5.3% increase in 2020 compared to the previous year. Additionally, the company’s net income has also been growing, with a 16.4% increase in 2020 compared to the previous year. This indicates that the company is performing well financially and is likely to continue to do so in the future.
Secondly, Deutsche Post’s stock price has been steadily increasing over the past year. The stock price has increased by over 50% since March 2020, indicating that investors are confident in the company’s future prospects. Additionally, the stock price is currently trading above its 50-day moving average, which is a bullish signal for investors.
Thirdly, Deutsche Post’s dividend yield is also attractive for investors. The company has a dividend yield of 2.5%, which is higher than the average dividend yield of companies listed on the Frankfurt Stock Exchange. This means that investors can earn a steady income from their investment in Deutsche Post.
Fourthly, Deutsche Post’s logistics business is likely to benefit from the growth of e-commerce. With more people shopping online, there is an increasing demand for logistics services to deliver goods to customers. Deutsche Post’s logistics business is well-positioned to benefit from this trend, as it has a strong presence in Europe and is expanding its operations globally.
Finally, Deutsche Post’s management team has a strong track record of delivering results. The company’s CEO, Frank Appel, has been in the role since 2008 and has overseen the company’s growth and expansion. Additionally, the company’s board of directors includes experienced executives from a range of industries, which provides a diverse range of perspectives and expertise.
In conclusion, Deutsche Post’s stock is close to a buy signal due to its strong financial performance, increasing stock price, attractive dividend yield, exposure to the growth of e-commerce, and experienced management team. Investors who are looking for a stable and growing company to invest in should consider Deutsche Post as a potential investment opportunity.
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- Source: Plato Data Intelligence.