Analysts Have Made A Financial Statement On Atlantic Grupa d.d.'s (ZGSE:ATGR) Half-Yearly Report
Atlantic Grupa d.d. (ZGSE:ATGR) came out with its interim results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results were roughly in line with estimates, with revenues of €616m and statutory earnings per share of €2.42. 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.
After the latest results, the three analysts covering Atlantic Grupa d.d are now predicting revenues of €1.30b in 2026. If met, this would reflect a modest 2.7% improvement in revenue compared to the last 12 months. Per-share earnings are expected to step up 12% to €3.16. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.30b and earnings per share (EPS) of €2.93 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
See our latest analysis for Atlantic Grupa d.d
The consensus price target was unchanged at €63.20, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. 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 Atlantic Grupa d.d, with the most bullish analyst valuing it at €71.99 and the most bearish at €57.71 per share. This is a very narrow spread of estimates, implying either that Atlantic Grupa d.d is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
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 Atlantic Grupa d.d's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 5.5% growth on an annualised basis. This is compared to a historical growth rate of 11% 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 3.8% annually. So it's pretty clear that, while Atlantic Grupa d.d's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Atlantic Grupa d.d's earnings potential next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than 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.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Atlantic Grupa d.d going out to 2028, and you can see them free on our platform here..
However, before you get too enthused, we've discovered 1 warning sign for Atlantic Grupa d.d that you should be aware of.
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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.