Analysts Just Shipped A Substantial Upgrade To Their Spritzer Bhd (KLSE:SPRITZER) Estimates
Spritzer Bhd (KLSE:SPRITZER) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The consensus statutory numbers for both revenue and earnings per share (EPS) increased, with their view clearly much more bullish on the company's business prospects. Investors have been pretty optimistic on Spritzer Bhd too, with the stock up 17% to RM3.73 over the past week. We'll be curious to see if these new estimates convince the market to lift the stock price higher still.
Following the upgrade, the most recent consensus for Spritzer Bhd from its four analysts is for revenues of RM829m in 2026 which, if met, would be a solid 17% increase on its sales over the past 12 months. Per-share earnings are expected to soar 24% to RM0.21. Previously, the analysts had been modelling revenues of RM740m and earnings per share (EPS) of RM0.17 in 2026. So we can see there's been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates.
See our latest analysis for Spritzer Bhd
With these upgrades, we're not surprised to see that the analysts have lifted their price target 12% to RM3.13 per share.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Spritzer Bhd's past performance and to peers in the same industry. It's clear from the latest estimates that Spritzer Bhd's rate of growth is expected to accelerate meaningfully, with the forecast 38% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 16% p.a. 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 5.2% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Spritzer Bhd to grow faster than the wider industry.
The Bottom Line
The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for this year, expecting improving business conditions. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Given that the consensus looks almost universally bullish, with a substantial increase to forecasts and a higher price target, Spritzer Bhd could be worth investigating further.
Better yet, our automated discounted cash flow calculation (DCF) suggests Spritzer Bhd could be moderately undervalued. You can learn more about our valuation methodology on our platform here.
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.
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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.