Last week saw the newest yearly earnings release from Kuehne + Nagel International AG (VTX:KNIN), an important milestone in the company's journey to build a stronger business. Results overall were respectable, with statutory earnings of CHF9.95 per share roughly in line with what the analysts had forecast. Revenues of CHF25b came in 2.3% ahead of analyst predictions. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Kuehne + Nagel International after the latest results.
See our latest analysis for Kuehne + Nagel International
Following last week's earnings report, Kuehne + Nagel International's 13 analysts are forecasting 2025 revenues to be CHF24.8b, approximately in line with the last 12 months. Statutory earnings per share are predicted to accumulate 2.3% to CHF10.18. Yet prior to the latest earnings, the analysts had been anticipated revenues of CHF24.8b and earnings per share (EPS) of CHF10.36 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
It will come as no surprise then, to learn that the consensus price target is largely unchanged at CHF214. 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. There are some variant perceptions on Kuehne + Nagel International, with the most bullish analyst valuing it at CHF260 and the most bearish at CHF178 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
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 0.05% by the end of 2025. This indicates a significant reduction from annual growth of 4.2% 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 0.3% annually for the foreseeable future. It's pretty clear that Kuehne + Nagel International's revenues are expected to perform substantially worse than the wider industry.