Italian (Borsa Italiana) Professional Services Industry Analysis

Industry Valuation and Performance

Has the Italian Professional Services Industry valuation changed over the past few years?

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 42.8x which is higher than its 3-year average PE of 29.1x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Professional Services industry have grown 19% per year over the last three years, and revenues for these companies have grown 7.5% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Italian Professional Services industry?

Industry PE: Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 38.9x. However analysts are expecting annual earnings growth of 26%, which is lower than the prior year's growth of 36% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 7.9x.

Forecasted Growth: Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 26% over the next 5 years. However this is lower than its past earnings growth rate of 36% per year. Meanwhile, the HR Services industry is expected to see its earnings decline by 5.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?