Here's What Analysts Are Forecasting For SMCP S.A. (EPA:SMCP) After Its Half-Yearly Results

The investors in SMCP S.A.'s (EPA:SMCP) will be rubbing their hands together with glee today, after the share price leapt 27% to €6.54 in the week following its half-year results. Results were roughly in line with estimates, with revenues of €597m and statutory earnings per share of €0.21. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, SMCP's five analysts currently expect revenues in 2026 to be €1.22b, approximately in line with the last 12 months. Statutory earnings per share are predicted to soar 135% to €0.67. In the lead-up to this report, the analysts had been modelling revenues of €1.22b and earnings per share (EPS) of €0.62 in 2026. So the consensus seems to have become somewhat more optimistic on SMCP's earnings potential following these results.

Check out our latest analysis for SMCP

There's been no major changes to the consensus price target of €8.84, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on SMCP, with the most bullish analyst valuing it at €10.40 and the most bearish at €8.10 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the SMCP's past performance and to peers in the same industry. We would highlight that SMCP's revenue growth is expected to slow, with the forecast 1.8% annualised growth rate until the end of 2026 being well below the historical 3.3% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 2.6% per year. Factoring in the forecast slowdown in growth, it seems obvious that SMCP is also expected to grow slower than other industry participants.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around SMCP's earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that SMCP's revenue is expected to perform worse than the wider industry. The consensus price target held steady at €8.84, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on SMCP. Long-term earnings power is much more important than next year's profits. We have forecasts for SMCP going out to 2028, and you can see them free on our platform here.

It is also worth noting that we have found 2 warning signs for SMCP that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.