CPH Group AG (VTX:CPHN) Half-Yearly Results: Here's What Analysts Are Forecasting For This Year
It's been a good week for CPH Group AG (VTX:CPHN) shareholders, because the company has just released its latest interim results, and the shares gained 2.5% to CHF58.20. Results look mixed - while revenue fell marginally short of analyst estimates at CHF176m, statutory earnings beat expectations 2.1%, with CPH Group reporting profits of CHF2.38 per share. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on CPH Group after the latest results.
Following the latest results, CPH Group's four analysts are now forecasting revenues of CHF348.1m in 2026. This would be a reasonable 4.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 38% to CHF4.71. In the lead-up to this report, the analysts had been modelling revenues of CHF353.2m and earnings per share (EPS) of CHF5.37 in 2026. So there's definitely been a decline in sentiment after the latest results, noting the real cut to new EPS forecasts.
Check out our latest analysis for CPH Group
It might be a surprise to learn that the consensus price target was broadly unchanged at CHF92.00, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values CPH Group at CHF94.00 per share, while the most bearish prices it at CHF90.00. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
Of course, another way to look at these forecasts is to place them into context against the industry itself. For example, we noticed that CPH Group's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 8.5% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 11% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 3.1% annually. Not only are CPH Group's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.
The Bottom Line
The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for CPH Group. 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. The consensus price target held steady at CHF92.00, with the latest estimates not enough to have an impact on their price targets.
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 CPH Group going out to 2028, and you can see them free on our platform here..
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with CPH Group , and understanding these should be part of your investment process.
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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.