OB:MULTIConstruction
Multiconsult (OB:MULTI) Stock Grapples With Margin Pressure Despite Profit Rebound
Multiconsult stock sits at NOK146.80 after a choppy few months for shareholders, with the price down over the past week, month and quarter. The market is still working out how to price one clear message from Q2: profit margins are under pressure even as the engineering consultancy posts solid revenue and earnings per share numbers.
The emotional pull is simple. Investors see a company that screens cheaply on P/E and against analyst fair value, yet carries a thinner net margin and a higher...