AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS) Analysts Are Pretty Bullish On The Stock After Recent Results
Investors in AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS) had a good week, as its shares rose 10.0% to close at €148 following the release of its quarterly results. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the current consensus from AT & S Austria Technologie & Systemtechnik's four analysts is for revenues of €2.77b in 2027. This would reflect a sizeable 43% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to leap 506% to €8.33. Before this earnings report, the analysts had been forecasting revenues of €2.77b and earnings per share (EPS) of €7.81 in 2027. So the consensus seems to have become somewhat more optimistic on AT & S Austria Technologie & Systemtechnik's earnings potential following these results.
View our latest analysis for AT & S Austria Technologie & Systemtechnik
The consensus price target rose 6.2% to €258, suggesting that higher earnings estimates flow through to the stock's valuation as well. 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. The most optimistic AT & S Austria Technologie & Systemtechnik analyst has a price target of €600 per share, while the most pessimistic values it at €100.00. With such a wide range in price targets, analysts are almost certainly betting on widely divergent outcomes in the underlying business. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that AT & S Austria Technologie & Systemtechnik's rate of growth is expected to accelerate meaningfully, with the forecast 61% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 2.5% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 8.5% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect AT & S Austria Technologie & Systemtechnik to grow faster than the wider industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around AT & S Austria Technologie & Systemtechnik's earnings potential next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple AT & S Austria Technologie & Systemtechnik analysts - going out to 2029, and you can see them free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with AT & S Austria Technologie & Systemtechnik , and understanding these should be part of your investment process.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.