Here's What Analysts Are Forecasting For Hermès International Société en commandite par actions (EPA:RMS) After Its Interim Results
Last week, you might have seen that Hermès International Société en commandite par actions (EPA:RMS) released its half-year result to the market. The early response was not positive, with shares down 6.8% to €1,532 in the past week. Hermès International Société en commandite par actions reported €8.2b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €21.32 beat expectations, being 2.7% higher than what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Following the latest results, Hermès International Société en commandite par actions' 20 analysts are now forecasting revenues of €16.8b in 2026. This would be a credible 4.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to increase 2.4% to €44.16. Before this earnings report, the analysts had been forecasting revenues of €16.8b and earnings per share (EPS) of €44.21 in 2026. 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.
View our latest analysis for Hermès International Société en commandite par actions
It will come as no surprise then, to learn that the consensus price target is largely unchanged at €1,918. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Hermès International Société en commandite par actions at €2,320 per share, while the most bearish prices it at €1,500. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Hermès International Société en commandite par actions' revenue growth is expected to slow, with the forecast 8.3% annualised growth rate until the end of 2026 being well below the historical 13% p.a. growth over the last five years. Compare this to the 13 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 6.7% per year. So it's pretty clear that, while Hermès International Société en commandite par actions' revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at €1,918, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Hermès International Société en commandite par actions analysts - going out to 2028, and you can see them free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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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.