€12.38: That's What Analysts Think Knaus Tabbert AG (ETR:KTA) Is Worth After Its Latest Results
Shareholders might have noticed that Knaus Tabbert AG (ETR:KTA) filed its third-quarter result this time last week. The early response was not positive, with shares down 8.0% to €8.00 in the past week. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Following last week's earnings report, Knaus Tabbert's four analysts are forecasting 2027 revenues to be €952.8m, approximately in line with the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €979.4m and earnings per share (EPS) of €0.87 in 2027. Overall, while there's been a minor downgrade to revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important following the latest results.
View our latest analysis for Knaus Tabbert
Intriguingly,the analysts have cut their price target 27% to €12.38 showing a clear decline in sentiment around Knaus Tabbert's valuation. 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. The most optimistic Knaus Tabbert analyst has a price target of €17.50 per share, while the most pessimistic values it at €8.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 0.6% growth on an annualised basis. That is in line with its 0.5% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 2.4% annually. So although Knaus Tabbert is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.
The Bottom Line
The clear low-light was that the analysts cut their forecast revenue estimates for Knaus Tabbert next year. On the negative side, they also downgraded their revenue estimates, and forecasts imply revenues will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Knaus Tabbert's future valuation.
At least one of Knaus Tabbert's four analysts has provided estimates out to 2028, which can be seen for free on our platform here.
We don't want to rain on the parade too much, but we did also find 2 warning signs for Knaus Tabbert (1 shouldn't be ignored!) that you need to be mindful of.
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