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Last week, you might have seen that Knaus Tabbert AG (ETR:KTA) released its third-quarter result to the market. The early response was not positive, with shares down 5.0% to €20.95 in the past week. It was a weak result overall, with Knaus Tabbert reporting €198m in revenues, which was 22% less than what the analysts had expected. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
See our latest analysis for Knaus Tabbert
Taking into account the latest results, Knaus Tabbert's five analysts currently expect revenues in 2025 to be €1.25b, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €1.26b and earnings per share (EPS) of €2.48 in 2025. 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.
Intriguingly,the analysts have cut their price target 12% to €33.40 showing a clear decline in sentiment around Knaus Tabbert's valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Knaus Tabbert at €50.00 per share, while the most bearish prices it at €20.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
Of course, another way to look at these forecasts is to place them into context against the industry itself. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.9% by the end of 2025. This indicates a significant reduction from annual growth of 16% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 5.0% annually for the foreseeable future. It's pretty clear that Knaus Tabbert's revenues are expected to perform substantially worse than the wider 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 Knaus Tabbert's revenue is expected to perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Knaus Tabbert's future valuation.