Trigano Shares Bounce Back by 2.5% but Still Down 12.5% Over the Month
The French recreational vehicle manufacturer regains some ground at the end of the session, in a well-oriented Parisian market. The stock attempts to break out of a tight technical zone after a challenging June. The rebound occurs without questioning the underlying trend of the past few weeks.
A Marked Rebound Occurring in a Deep Technical Oversold Zone
Trigano shares gain 2.58% to €143.10 during the session, while the SBF 120 is up by 0.54% and the CAC 40 by 0.44%. Today's rise does not suffice to erase the recent slide: the stock is still down by 12.32% over the month and has lost 6.53% over the year. The rebound occurs amid tight technical indicators, with an RSI at 26, in a clearly marked oversold zone, reflecting the selling exhaustion observed since mid-June. The price remains below its three moving averages, with the MM20 at €148.56 being the closest (a gap of -3.68%), while the MM200 at €156.54 indicates a medium-term downward trend. Crossing the MM20 would be the first signal of a more sustained recovery. Today's session recovers some of the ground lost since the publication of the third-quarter revenue, which triggered a mixed reaction at the end of June.
A Mixed Third Quarter and Analyst Consensus Valuing the Stock at 9.7 Times Earnings
During the T3 2026 release (June 24, 2026), the group reported a sales growth of 1.6% to €1.162 billion, hindered by supply chain disruptions in bodyworks and a decline in store traffic. The company also repurchased 300,000 shares for €45.9 million and mentioned an expected improvement in the full-year 2026 results, driven by distributors' favorable reception to the 2027 product lines. Among the risks mentioned during this release was economic instability that might prompt consumers to delay purchases, a sensitive point in a context where the trailer market remains slightly contracted (-0.6%). According to the consensus of surveyed analysts, the stock is priced at approximately 9.7 times the earnings for the current fiscal year and 9.0 times those of the following year, with an expected growth in earnings per share of 8.5% from one year to the next. The resistance threshold identified at €162.10 remains distant, with the MM50 at €152.74 being the intermediate step to reclaim to validate a change in dynamics.
