Hunting Future Growth
Future criteria checks 2/6
Hunting is forecast to grow earnings and revenue by 16.1% and 3.5% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 8.4% in 3 years.
Key information
16.1%
Earnings growth rate
15.99%
EPS growth rate
| Energy Services earnings growth | 25.3% |
| Revenue growth rate | 3.5% |
| Future return on equity | 8.41% |
| Analyst coverage | Good |
| Last updated | 21 Apr 2026 |
Recent future growth updates
Recent updates
Narrative Update • May 30
HTG: Fair Value View Weighs Barclays Downgrade Against Execution And Buyback Plans
Analysts have trimmed their price target on Hunting to £X from £Y, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E following recent research, including the latest downgrade from Barclays. Analyst Commentary Recent Street research has turned more cautious on Hunting, with bearish analysts using the latest downgrade as a reference point to reset expectations on risk and reward.Narrative Update • May 09
HTG: Fair Value View Balances Barclays Downgrade And Execution Risk
Analysts have nudged their fair value estimate for Hunting higher from £4.02 to £4.71 per share, reflecting updated assumptions on revenue growth, discount rates and future P/E expectations. This comes even as some recent research, such as the Barclays downgrade, highlights a more cautious stance on near term execution and profitability.
Narrative Update • Apr 23
HTG: Future Guyana Projects And Capital Returns Will Balance Downgrade Risks
Analysts have adjusted their fair value estimate for Hunting to £5.41, citing updated assumptions around the discount rate, profit margin and future P/E, even after a recent downgrade highlighted in Street research. Analyst Commentary Recent Street research around the downgrade has focused less on short term share price moves and more on whether the current £5.41 fair value still lines up with Hunting's execution risks and earnings profile.Narrative Update • Apr 09
HTG: Future Guyana Orders And Capital Returns Will Balance Execution Risks
Analysts have lifted their price target for Hunting to £60 above the previous level, reflecting updated fair value estimates, refined discount rate assumptions, and adjustments to revenue growth, profit margin, and future P/E expectations following recent research such as the RBC Capital move. Analyst Commentary Bullish Takeaways Bullish analysts link the higher £60 price target to refreshed fair value work, suggesting the current share price still sits at a discount to their reassessed intrinsic value.Narrative Update • Mar 26
HTG: Raised Price View Will Highlight Execution Risk In Earnings Delivery
Analysts have lifted their price target for Hunting by £60 compared with their previous estimate, reflecting updated views on fair value, discount rate, revenue expectations, profit margins and future P/E assumptions. Analyst Commentary While the revised price target for Hunting indicates updated thinking on fair value, bearish analysts are still flagging several areas of concern that could limit upside if not addressed effectively.Narrative Update • Mar 11
HTG: Future Dividend And Buybacks Will Balance Execution And Margin Risks
Analysts have raised their price target for Hunting to £60, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E to reflect the latest Street research inputs. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as a sign that updated assumptions on fair value remain supported by current Street inputs, which they see as consistent with the revised P/E framework applied to Hunting.Narrative Update • Feb 25
HTG: Higher Price View Will Expose Execution Risk And Fragile Expectations
Analysts have lifted their price target on Hunting by £0.60 per share, citing updated expectations for profitability and valuation multiples reflected in recent Street research. Analyst Commentary Recent Street research reflects a mixed tone around Hunting, with some investors focusing on the higher price target while others are more cautious about what is already priced in.Narrative Update • Feb 11
HTG: Raised Price View Will Highlight Execution Risk And Limited Upside
Analysts have lifted their price target for Hunting by £0.60 per share, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E following recent research updates. Analyst Commentary Recent research points to a more cautious tone around Hunting, even with a higher stated fair value.Narrative Update • Jan 27
HTG: Brazil Contract And Share Buyback Will Shape Cautious Balanced Outlook
Narrative Update on Hunting Analysts have lifted their price targets for Hunting, with one recent move adding £0.60, reflecting updated views on fair value, discount rates, revenue trends, profit margins and P/E assumptions. Analyst Commentary Recent research points to a more cautious tone around Hunting, even where headline price targets have been adjusted.Analysis Article • Jan 26
Revenues Not Telling The Story For Hunting PLC (LON:HTG)
It's not a stretch to say that Hunting PLC's ( LON:HTG ) price-to-sales (or "P/S") ratio of 0.8x seems quite...Narrative Update • Jan 13
HTG: Brazil Contract And Acquisition Plans Will Shape Balanced Outlook
Analysts have lifted their price target for Hunting from about £3.29 to roughly £3.97 per share, citing updated assumptions that include a lower discount rate, a smaller profit margin, softer revenue growth and a higher future P/E multiple. What's in the News Hunting Energy Services Production Technology Inc.Analysis Article • Mar 10
Hunting PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
There's been a notable change in appetite for Hunting PLC ( LON:HTG ) shares in the week since its annual report, with...Analysis Article • Mar 07
Does Hunting (LON:HTG) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Narrative • Feb 19
Expansion Into Offshore Markets Like Guyana And Kuwait May Strengthen Future Prospects But Energy Price Fluctuations Pose Risks
Focus on high-margin international markets and strategic partnerships is expected to drive significant revenue growth and improve market positioning.Analysis Article • Jan 21
Hunting PLC's (LON:HTG) Shares Leap 26% Yet They're Still Not Telling The Full Story
Hunting PLC ( LON:HTG ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. Looking...Analysis Article • Oct 23
We Ran A Stock Scan For Earnings Growth And Hunting (LON:HTG) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Sep 25
These 4 Measures Indicate That Hunting (LON:HTG) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Aug 16
With Hunting PLC (LON:HTG) It Looks Like You'll Get What You Pay For
Hunting PLC's ( LON:HTG ) price-to-sales (or "P/S") ratio of 1x may not look like an appealing investment opportunity...Analysis Article • Jul 18
Hunting (LON:HTG) Has Some Way To Go To Become A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Analysis Article • May 22
Here's Why Hunting (LON:HTG) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Jan 29
Hunting PLC's (LON:HTG) Popularity With Investors Is Clear
There wouldn't be many who think Hunting PLC's ( LON:HTG ) price-to-sales (or "P/S") ratio of 0.7x is worth a mention...Analysis Article • Oct 03
These 4 Measures Indicate That Hunting (LON:HTG) Is Using Debt Reasonably Well
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jul 08
Returns On Capital Are Showing Encouraging Signs At Hunting (LON:HTG)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Analysis Article • Mar 04
Hunting (LON:HTG) Is Doing The Right Things To Multiply Its Share Price
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Analysis Article • Dec 08
Is Hunting PLC (LON:HTG) Trading At A 44% Discount?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Hunting PLC ( LON:HTG...Analysis Article • Aug 26
Are Investors Undervaluing Hunting PLC (LON:HTG) By 29%?
How far off is Hunting PLC ( LON:HTG ) from its intrinsic value? Using the most recent financial data, we'll take a...Analysis Article • May 22
Hunting PLC's (LON:HTG) Intrinsic Value Is Potentially 40% Above Its Share Price
In this article we are going to estimate the intrinsic value of Hunting PLC ( LON:HTG ) by estimating the company's...Analysis Article • Mar 18
Hunting (LON:HTG) Has Debt But No Earnings; Should You Worry?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Dec 22
Hunting PLC's (LON:HTG) Intrinsic Value Is Potentially 68% Above Its Share Price
How far off is Hunting PLC ( LON:HTG ) from its intrinsic value? Using the most recent financial data, we'll take a...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 1,170 | 88 | 106 | 151 | 6 |
| 12/31/2027 | 1,120 | 78 | 84 | 135 | 8 |
| 12/31/2026 | 1,059 | 66 | 74 | 124 | 8 |
| 12/31/2025 | 1,019 | 41 | 83 | 139 | N/A |
| 9/30/2025 | 1,051 | 4 | 143 | 197 | N/A |
| 6/30/2025 | 1,084 | -34 | 204 | 255 | N/A |
| 3/31/2025 | 1,066 | -31 | 182 | 222 | N/A |
| 12/31/2024 | 1,049 | -28 | 160 | 189 | N/A |
| 9/30/2024 | 997 | 49 | 119 | 148 | N/A |
| 6/30/2024 | 945 | 126 | 78 | 108 | N/A |
| 3/31/2024 | 937 | 118 | 47 | 79 | N/A |
| 12/31/2023 | 929 | 110 | 15 | 49 | N/A |
| 9/30/2023 | 898 | 60 | -42 | -9 | N/A |
| 6/30/2023 | 868 | 10 | -100 | -67 | N/A |
| 3/31/2023 | 797 | 3 | -79 | -52 | N/A |
| 12/31/2022 | 726 | -5 | -58 | -37 | N/A |
| 9/30/2022 | 670 | -32 | -34 | -17 | N/A |
| 6/30/2022 | 613 | -59 | -11 | 2 | N/A |
| 3/31/2022 | 567 | -72 | 5 | 15 | N/A |
| 12/31/2021 | 522 | -86 | 20 | 29 | N/A |
| 9/30/2021 | 507 | -72 | 47 | 57 | N/A |
| 6/30/2021 | 493 | -59 | 75 | 85 | N/A |
| 3/31/2021 | 559 | -147 | 55 | 68 | N/A |
| 12/31/2020 | 626 | -235 | 35 | 51 | N/A |
| 9/30/2020 | 727 | -216 | 39 | 63 | N/A |
| 6/30/2020 | 829 | -197 | 44 | 74 | N/A |
| 3/31/2020 | 894 | -78 | 71 | 106 | N/A |
| 12/31/2019 | 960 | 40 | 99 | 137 | N/A |
| 9/30/2019 | 969 | 63 | N/A | 121 | N/A |
| 6/30/2019 | 978 | 87 | N/A | 105 | N/A |
| 3/31/2019 | 944 | 88 | N/A | 79 | N/A |
| 12/31/2018 | 911 | 89 | N/A | 53 | N/A |
| 9/30/2018 | 881 | 61 | N/A | 50 | N/A |
| 6/30/2018 | 850 | 32 | N/A | 47 | N/A |
| 3/31/2018 | 787 | 3 | N/A | 46 | N/A |
| 12/31/2017 | 725 | -26 | N/A | 46 | N/A |
| 9/30/2017 | 635 | -54 | N/A | 31 | N/A |
| 6/30/2017 | 546 | -82 | N/A | 15 | N/A |
| 3/31/2017 | 501 | -99 | N/A | 30 | N/A |
| 12/31/2016 | 456 | -116 | N/A | 45 | N/A |
| 9/30/2016 | 516 | -177 | N/A | 84 | N/A |
| 6/30/2016 | 575 | -238 | N/A | 122 | N/A |
| 3/31/2016 | 693 | -234 | N/A | 132 | N/A |
| 12/31/2015 | 811 | -231 | N/A | 142 | N/A |
| 6/30/2015 | 1,186 | -37 | N/A | 217 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTG's forecast earnings growth (16.1% per year) is above the savings rate (3.4%).
Earnings vs Market: HTG's earnings (16.1% per year) are forecast to grow faster than the UK market (11.5% per year).
High Growth Earnings: HTG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HTG's revenue (3.5% per year) is forecast to grow slower than the UK market (4.5% per year).
High Growth Revenue: HTG's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HTG's Return on Equity is forecast to be low in 3 years time (8.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 23:45 |
| End of Day Share Price | 2026/06/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hunting PLC is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Pickup | Barclays |
| Michael Pickup | Barclays |
| Alex Smith | Berenberg |