Storskogen Group AB (publ) (STO:STOR B) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Last week saw the newest quarterly earnings release from Storskogen Group AB (publ) (STO:STOR B), an important milestone in the company's journey to build a stronger business. Results were roughly in line with estimates, with revenues of kr8.3b and statutory earnings per share of kr0.63. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. 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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Following the latest results, Storskogen Group's three analysts are now forecasting revenues of kr35.8b in 2027. This would be a satisfactory 6.2% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 46% to kr0.98. Before this earnings report, the analysts had been forecasting revenues of kr35.7b and earnings per share (EPS) of kr0.98 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for Storskogen Group

The analysts reconfirmed their price target of kr14.13, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Storskogen Group, with the most bullish analyst valuing it at kr16.40 and the most bearish at kr11.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Storskogen Group's revenue growth will slow down substantially, with revenues to the end of 2027 expected to display 4.9% growth on an annualised basis. This is compared to a historical growth rate of 7.6% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.4% per year. Factoring in the forecast slowdown in growth, it seems obvious that Storskogen Group is also expected to grow slower than other industry participants.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at kr14.13, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Storskogen Group analysts - going out to 2028, and you can see them free on our platform here.

You can also see whether Storskogen Group is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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