Results: Hallenstein Glasson Holdings Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, Hallenstein Glasson Holdings Limited (NZSE:HLG) just kicked off its latest full-year results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 3.3% to hit NZ$563m. Hallenstein Glasson Holdings reported statutory earnings per share (EPS) NZ$0.99, which was a notable 10% above what the analysts had forecast. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Following the latest results, Hallenstein Glasson Holdings' dual analysts are now forecasting revenues of NZ$630.8m in 2027. This would be a meaningful 12% improvement in revenue compared to the last 12 months. Per-share earnings are expected to ascend 15% to NZ$1.14. In the lead-up to this report, the analysts had been modelling revenues of NZ$586.2m and earnings per share (EPS) of NZ$0.99 in 2027. So it seems there's been a definite increase in optimism about Hallenstein Glasson Holdings' future following the latest results, with a solid gain to the earnings per share forecasts in particular.
View our latest analysis for Hallenstein Glasson Holdings
With these upgrades, we're not surprised to see that the analysts have lifted their price target 24% to NZ$16.43per share.
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 Hallenstein Glasson Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 12% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 9.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 6.6% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Hallenstein Glasson Holdings is expected to grow much faster than its industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Hallenstein Glasson Holdings' earnings potential next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Hallenstein Glasson Holdings going out as far as 2029, and you can see them free on our platform here.
You can also see our analysis of Hallenstein Glasson Holdings' Board and CEO remuneration and experience, and whether company insiders have been buying stock.
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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.