HAKI Safety AB (publ) Just Missed Revenue By 7.2%: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that HAKI Safety AB (publ) (STO:HAKI B) filed its quarterly result this time last week. The early response was not positive, with shares down 6.7% to kr18.00 in the past week. Results look mixed - while revenue fell marginally short of analyst estimates at kr311m, statutory earnings were in line with expectations, at kr1.22 per share. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimate to see what could be in store for next year.
Taking into account the latest results, the most recent consensus for HAKI Safety from sole analyst is for revenues of kr1.40b in 2027. If met, it would imply a solid 11% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to leap 34% to kr2.12. Yet prior to the latest earnings, the analyst had been anticipated revenues of kr1.44b and earnings per share (EPS) of kr2.61 in 2027. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a real cut to earnings per share estimates.
See our latest analysis for HAKI Safety
The consensus price target fell 9.4% to kr29.00, with the weaker earnings outlook clearly leading valuation estimates.
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. The analyst is definitely expecting HAKI Safety's growth to accelerate, with the forecast 8.4% annualised growth to the end of 2027 ranking favourably alongside historical growth of 4.3% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 6.5% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that HAKI Safety is expected to grow much faster than its industry.
The Bottom Line
The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
With that in mind, we wouldn't be too quick to come to a conclusion on HAKI Safety. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
You should always think about risks though. Case in point, we've spotted 3 warning signs for HAKI Safety you should be aware of.
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