Analyst Estimates: Here's What Brokers Think Of EuroGroup Laminations S.p.A. (BIT:EGLA) After Its Second-Quarter Report
The quarterly results for EuroGroup Laminations S.p.A. (BIT:EGLA) were released last week, making it a good time to revisit its performance. 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 four analysts covering EuroGroup Laminations provided consensus estimates of €761.1m revenue in 2026, which would reflect a perceptible 5.5% decline over the past 12 months. Before this earnings announcement, the analysts had been modelling revenues of €760.1m and losses of €0.028 per share in 2026. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.
Check out our latest analysis for EuroGroup Laminations
We'd also point out that thatthe analysts have made no major changes to their price target of €1.19. 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 EuroGroup Laminations at €1.25 per share, while the most bearish prices it at €1.10. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
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. One more thing stood out to us about these estimates, and it's the idea that EuroGroup Laminations' decline is expected to accelerate, with revenues forecast to fall at an annualised rate of 11% to the end of 2026. This tops off a historical decline of 0.9% a year over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 7.0% per year. So while a broad number of companies are forecast to grow, unfortunately EuroGroup Laminations is expected to see its revenue affected worse than other companies in the industry.
The Bottom Line
The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that EuroGroup Laminations' revenue is expected to perform worse than the wider industry. The consensus price target held steady at €1.19, with the latest estimates not enough to have an impact on their price targets.
At least one of EuroGroup Laminations' four analysts has provided estimates out to 2028, which can be seen for free on our platform here.
You still need to take note of risks, for example - EuroGroup Laminations has 2 warning signs (and 1 which is potentially serious) we think you should know about.
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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.