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Last week saw the newest quarterly earnings release from JOST Werke SE (ETR:JST), an important milestone in the company's journey to build a stronger business. It looks like a credible result overall - although revenues of €374m were what the analysts expected, JOST Werke surprised by delivering a (statutory) profit of €0.88 per share, an impressive 24% above what was forecast. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on JOST Werke after the latest results.
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Taking into account the latest results, the most recent consensus for JOST Werke from five analysts is for revenues of €1.66b in 2025. If met, it would imply a substantial 45% increase on its revenue over the past 12 months. Statutory per-share earnings are expected to be €3.11, roughly flat on the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €1.66b and earnings per share (EPS) of €3.92 in 2025. So there's definitely been a decline in sentiment after the latest results, noting the pretty serious reduction to new EPS forecasts.
View our latest analysis for JOST Werke
It might be a surprise to learn that the consensus price target was broadly unchanged at €66.60, 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. There are some variant perceptions on JOST Werke, with the most bullish analyst valuing it at €75.00 and the most bearish at €55.00 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.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analysts are definitely expecting JOST Werke's growth to accelerate, with the forecast 65% annualised growth to the end of 2025 ranking favourably alongside historical growth of 9.3% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.5% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect JOST Werke to grow faster than the wider industry.