ID Logistics Shares Dip to €347.50, Falling Below 20-Day Average
ID Logistics falls by 1.84% to €347.50 at midday, while the CAC 40 drops 0.67% and the SBF 120 loses 0.71%. The stock has moved below its 20-day moving average and now shows a decline of 13.88% over the year. The contract logistics group operates in a tense market environment, marked by a surge in global bond yields.
The Stock Falls Below its 20-Day Moving Average and Remains Far from its 200-Day Average
At €347.50, ID Logistics' share price has fallen below its 20-day moving average (€353.23), with a gap of -1.62%. The 50-day moving average (€344.21) remains just below the current price, forming a narrow equilibrium zone between €344 and €353. More structurally, the gap to the 200-day moving average (€389.40) reaches -10.76%, indicating a still deteriorated medium-term dynamic. The RSI at 51 is neutral and does not provide any clear directional signal. In the Bollinger Bands, the price is in the lower part (29%), between the lower bound at €339.47 and the median. The support at €325.50, lower than the lower bound, remains distant by 6.3% from the current price. The resistance at €361.50 caps the top of the recent channel. Today's decline is part of a downward-oriented Parisian market, amid global bond tensions: the yield on the US 10-year Treasury reaches 4.63%, its highest since February 2025, and Brent trades above $110 per barrel.
Tight Valuation After a Quarter Boosted by North America
Based on the consensus of four analysts, the stock is trading at approximately 30.1 times the expected earnings for the current fiscal year and 25.2 times those of the next fiscal year. For comparison, the 'Industrials' sector is trading around 17.3 times the earnings of the current fiscal year. The expected EPS growth from one year to the next is 19.6%. Operationally, the first quarter revenue, published at the end of April, came in at €990.7 million, up 14.2% in reported data and 17.2% on a like-for-like basis, driven by a 40% growth in North America. The group also announced on May 7 a contract with General Mills for its dry products in France, operated from the Toury site. Regarding shareholders, insiders hold 52.8% of the capital, a structure locked around the founding leader Eric Hémar. The next key date is set for July 22, 2026, with the publication of the second quarter revenue.
