Spinneys 1961 Holding plc (DFM:SPINNEYS) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

Last week saw the newest quarterly earnings release from Spinneys 1961 Holding plc (DFM:SPINNEYS), an important milestone in the company's journey to build a stronger business. Spinneys 1961 Holding reported in line with analyst predictions, delivering revenues of د.إ906m and statutory earnings per share of د.إ0.085, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the most recent consensus for Spinneys 1961 Holding from six analysts is for revenues of د.إ3.55b in 2025. If met, it would imply an okay 6.9% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to shrink 3.8% to د.إ0.084 in the same period. Before this earnings report, the analysts had been forecasting revenues of د.إ3.58b and earnings per share (EPS) of د.إ0.083 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Spinneys 1961 Holding

There were no changes to revenue or earnings estimates or the price target of د.إ1.97, suggesting that the company has met expectations in its recent result. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Spinneys 1961 Holding at د.إ2.10 per share, while the most bearish prices it at د.إ1.84. This is a very narrow spread of estimates, implying either that Spinneys 1961 Holding is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Spinneys 1961 Holding's revenue growth is expected to slow, with the forecast 9.3% annualised growth rate until the end of 2025 being well below the historical 12% growth over the last year. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.7% per year. So it's pretty clear that, while Spinneys 1961 Holding's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at د.إ1.97, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Spinneys 1961 Holding analysts - going out to 2027, and you can see them free on our platform here.

We also provide an overview of the Spinneys 1961 Holding Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.