Analysts Have Made A Financial Statement On AutoStore Holdings Ltd.'s (OB:AUTO) Third-Quarter Report

Shareholders might have noticed that AutoStore Holdings Ltd. (OB:AUTO) filed its quarterly result this time last week. The early response was not positive, with shares down 3.8% to kr14.15 in the past week. It was a pretty good result, with revenues of US$192m, and AutoStore Holdings came in a solid 11% ahead of expectations. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Taking into account the latest results, the current consensus from AutoStore Holdings' ten analysts is for revenues of US$806.3m in 2027. This would reflect a solid 11% increase on its revenue over the past 12 months. In the lead-up to this report, the analysts had been modelling revenues of US$787.5m and earnings per share (EPS) of US$0.06 in 2027. What's really interesting is that while the consensus made a modest lift to revenue estimates, it no longer provides an earnings per share estimate. This suggests that revenues are now the focus of the business after this latest result.

See our latest analysis for AutoStore Holdings

We'd also point out that thatthe analysts have made no major changes to their price target of kr17.67. 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 AutoStore Holdings analyst has a price target of kr20.81 per share, while the most pessimistic values it at kr12.91. With such a wide range in price targets, analysts are almost certainly betting on widely divergent outcomes in the underlying business. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 8.3% growth on an annualised basis. That is in line with its 8.6% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 11% annually. So it's pretty clear that AutoStore Holdings is expected to grow slower than similar companies in the same industry.

The Bottom Line

The most important thing to take away is that the analysts upgraded their revenue estimates for next year. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. The consensus price target held steady at kr17.67, with the latest estimates not enough to have an impact on their price targets.

We have estimates for AutoStore Holdings from its ten analysts out to 2028, and you can see them free on our platform here.

Before you take the next step you should know about the 1 warning sign for AutoStore Holdings that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.