Prepared by Dr. Raj Patel, FRM, Head of Quantitative Research | Reviewed by Priya Sharma, Lead Editor | Report ID: IGEMINI-36ECD765-20260531 | Data as of 2026-05-31
Executive Summary: Our multi-factor model assigns beta of a stock a Bullish outlook for the next quarter. Key drivers include a P/E of 29.8x, 39% revenue expansion, and an RSI of 30 suggesting a neutral-bullish phase. We define critical support at $21843 and resistance at $26697.
Rating: Outperform | Target Price: $28153.2 | Next Earnings: Jun 19
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Price action carved a Bull Flag, confirmed by a 0.72x volume spike on May 16, 2026. The resistance at $26697 was tested.
On-chain money flow shows 31%% increase in smart money index, reinforcing the technical setup.
With a market cap of $23.78B, beta of a stock operates in Industrials. P/E of 29.8x is backed by 39% growth.
EPS of $814.43 reveals improving earnings quality. DuPont analysis highlights operating leverage as the key ROE driver.
Beta of 1.28 suggests beta of a stock is {beta_desc} volatile than the market, influencing hedging strategies.
Dark pool prints show a 12%% surge in block trades, indicating institutional accumulation before Jun 19 earnings.
Short float at 13.8% is below the sector average, reducing squeeze risk. Institutional ownership is 70%.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $24270 | $23056.5 |
| Market Cap | $23.78B | $19.02B |
| P/E Ratio | 29.8x | 25.3x |
| EPS (TTM) | $814.43 | $732.99 |
| Dividend Yield | 4.21% | 2.9% |
| Revenue Growth | 39% | 23.4% |
| Target Price | $28153.2 | - |
| Beta | 1.28 | 1.00 |