Salik Company P.J.S.C. (DFM:SALIK) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?

As you might know, Salik Company P.J.S.C. (DFM:SALIK) recently reported its annual numbers. Results were roughly in line with estimates, with revenues of د.إ2.3b and statutory earnings per share of د.إ0.15. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

See our latest analysis for Salik Company P.J.S.C

Taking into account the latest results, the most recent consensus for Salik Company P.J.S.C from nine analysts is for revenues of د.إ2.99b in 2025. If met, it would imply a sizeable 30% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to surge 36% to د.إ0.21. Yet prior to the latest earnings, the analysts had been anticipated revenues of د.إ2.97b and earnings per share (EPS) of د.إ0.21 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.

The analysts reconfirmed their price target of د.إ5.59, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Salik Company P.J.S.C analyst has a price target of د.إ6.75 per share, while the most pessimistic values it at د.إ4.50. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Salik Company P.J.S.C's rate of growth is expected to accelerate meaningfully, with the forecast 30% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 6.4% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 6.7% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Salik Company P.J.S.C to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Salik Company P.J.S.C going out to 2027, and you can see them free on our platform here.

Even so, be aware that Salik Company P.J.S.C is showing 1 warning sign in our investment analysis , you should know about...

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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.