Analysts Have Made A Financial Statement On Grupo Bimbo, S.A.B. de C.V.'s (BMV:BIMBOA) Third-Quarter Report
It's been a good week for Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBOA) shareholders, because the company has just released its latest third-quarter results, and the shares gained 7.1% to Mex$62.75. It was an okay report, and revenues came in at Mex$106b, approximately in line with analyst estimates leading up to the results announcement. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the most recent consensus for Grupo Bimbo. de from eleven analysts is for revenues of Mex$445.2b in 2027. If met, it would imply an okay 6.0% increase on its revenue over the past 12 months. Per-share earnings are expected to expand 13% to Mex$3.33. In the lead-up to this report, the analysts had been modelling revenues of Mex$444.8b and earnings per share (EPS) of Mex$3.33 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.
View our latest analysis for Grupo Bimbo. de
There were no changes to revenue or earnings estimates or the price target of Mex$70.42, suggesting that the company has met expectations in its recent result. 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 Grupo Bimbo. de, with the most bullish analyst valuing it at Mex$87.00 and the most bearish at Mex$51.00 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of Grupo Bimbo. de'shistorical trends, as the 4.8% annualised revenue growth to the end of 2027 is roughly in line with the 4.0% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 4.8% annually. So although Grupo Bimbo. de is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at Mex$70.42, 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 Grupo Bimbo. de analysts - going out to 2028, and you can see them free on our platform here.
Even so, be aware that Grupo Bimbo. de is showing 1 warning sign in our investment analysis , you should know about...
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