Reported Earnings • Mar 29
Full year 2022 earnings released Full year 2022 results: Revenue: €272.8m (up 15% from FY 2021). Net loss: €23.0m (loss widened €22.4m from FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the IT industry in France. Major Estimate Revision • Mar 28
Consensus revenue estimates increase by 16% The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from €282.9m to €327.5m. EPS estimate increased from €0.46 to €0.525 per share. Net income forecast to grow 709% next year vs 15% growth forecast for IT industry in France. Consensus price target of €11.50 unchanged from last update. Share price was steady at €11.40 over the past week. 공시 • Jan 21
CS Communication & Systemes SA (ENXTPA:SX) completed the acquisition of He Space Holding B.V. from Scott Millican. CS Communication & Systemes SA (ENXTPA:SX) agreed to acquire He Space Holding B.V. from Scott Millican for enterprise value of €11.5 million on November 21, 2022. The transaction would be financed with the group’s available cash. The transaction remains subject to the usual consultations (Employee Representative Bodies and regulatory approval) and customary conditions precedent, particularly with regard to merger control and approval of foreign investment. The transaction is expected to be completed in the first quarter of 2023.
CS Communication & Systemes SA (ENXTPA:SX) completed the acquisition of He Space Holding B.V. from Scott Millican on January 20, 2023. Price Target Changed • Nov 16
Price target increased to €11.50 Up from €6.90, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €11.15. Stock is up 113% over the past year. The company is forecast to post earnings per share of €0.23 next year compared to a net loss per share of €0.024 last year. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 11 non-independent directors. Director Blaise Jaeger was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Jul 28
Price target increased to €10.10 Up from €6.77, the current price target is an average from 3 analysts. New target price is 58% above last closing price of €6.40. Stock is up 25% over the past year. The company is forecast to post earnings per share of €0.24 next year compared to a net loss per share of €0.024 last year. Upcoming Dividend • Jul 20
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 27 July 2022. Payment date: 29 July 2022. Trailing yield: 0.6%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (1.8%). Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Censor Jean-Pascal Michel Tranie was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €237.4m (up 13% from FY 2020). Net loss: €600.0k (loss narrowed 92% from FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 8.4%, compared to a 12% growth forecast for the industry in France. Price Target Changed • Mar 28
Price target increased to €6.63 Up from €5.93, the current price target is an average from 3 analysts. New target price is 5.3% above last closing price of €6.30. Stock is up 39% over the past year. Price Target Changed • Jan 14
Price target increased to €5.93 Up from €5.50, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €5.18. Stock is up 33% over the past year. The company is forecast to post earnings per share of €0.06 next year compared to a net loss per share of €0.31 last year. Price Target Changed • Mar 31
Price target increased to €4.57 Up from €3.93, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €4.36. Stock is up 34% over the past year. Reported Earnings • Mar 29
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €209.3m (down 9.0% from FY 2019). Net loss: €7.50m (down 349% from profit in FY 2019). Is New 90 Day High Low • Dec 03
New 90-day high: €3.75 The company is up 1.0% from its price of €3.70 on 04 September 2020. The French market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.86 per share. Price Target Changed • Sep 24
Price target lowered to €3.87 Down from €4.30, the current price target is an average from 2 analysts. The new target price is 25% above the current share price of €3.10. As of last close, the stock is down 34% over the past year. Is New 90 Day High Low • Sep 23
New 90-day low: €3.20 The company is down 12% from its price of €3.63 on 25 June 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.77 per share. 공시 • Sep 07
CS Communication & Systemes SA to Report First Half, 2020 Results on Sep 11, 2020 CS Communication & Systemes SA announced that they will report first half, 2020 results on Sep 11, 2020