DO & CO Aktiengesellschaft (VIE:DOC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
DO & CO Aktiengesellschaft (VIE:DOC) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results were roughly in line with estimates, with revenues of €642m and statutory earnings per share of €9.63. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the current consensus from DO & CO's eight analysts is for revenues of €2.66b in 2027. This would reflect a reasonable 6.8% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to step up 12% to €11.22. In the lead-up to this report, the analysts had been modelling revenues of €2.66b and earnings per share (EPS) of €11.20 in 2027. 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 DO & CO
There were no changes to revenue or earnings estimates or the price target of €259, suggesting that the company has met expectations in its recent result. 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 DO & CO at €272 per share, while the most bearish prices it at €248. This is a very narrow spread of estimates, implying either that DO & CO is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the DO & CO's past performance and to peers in the same industry. It's pretty clear that there is an expectation that DO & CO's revenue growth will slow down substantially, with revenues to the end of 2027 expected to display 9.1% growth on an annualised basis. This is compared to a historical growth rate of 28% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.1% annually. So it's pretty clear that, while DO & CO's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
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. 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 no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for DO & CO going out to 2029, and you can see them free on our platform here..
You can also see our analysis of DO & CO's Board and CEO remuneration and experience, and whether company insiders have been buying stock.
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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.