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Analyst Estimates: Here's What Brokers Think Of Cementir Holding N.V. (BIT:CEM) After Its Third-Quarter Report
It's been a pretty great week for Cementir Holding N.V. (BIT:CEM) shareholders, with its shares surging 14% to €15.41 in the week since its latest third-quarter results. Results overall were respectable, with statutory earnings of €1.33 per share roughly in line with what the analysts had forecast. Revenues of €455m came in 4.8% ahead of analyst predictions. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Following the latest results, Cementir Holding's seven analysts are now forecasting revenues of €1.79b in 2027. This would be an okay 6.6% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be €1.33, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.79b and earnings per share (EPS) of €1.33 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.
Check out our latest analysis for Cementir Holding
The analysts reconfirmed their price target of €17.07, 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. The most optimistic Cementir Holding analyst has a price target of €20.00 per share, while the most pessimistic values it at €14.10. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Cementir Holding's rate of growth is expected to accelerate meaningfully, with the forecast 5.2% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 2.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.0% annually. Cementir Holding is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.
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. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Cementir Holding analysts - going out to 2028, and you can see them free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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