Here's What Analysts Are Forecasting For AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS) After Its First-Quarter Results
It's been a sad week for AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (VIE:ATS), who've watched their investment drop 17% to €17.64 in the week since the company reported its first-quarter result. It was a credible result overall, with revenues of €399m and statutory earnings per share of €1.86 both in line with analyst estimates, showing that AT & S Austria Technologie & Systemtechnik is executing in line with expectations. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the most recent consensus for AT & S Austria Technologie & Systemtechnik from three analysts is for revenues of €1.78b in 2026. If met, it would imply a decent 8.9% increase on its revenue over the past 12 months. Earnings are expected to tip over into lossmaking territory, with the analysts forecasting statutory losses of -€2.47 per share in 2026. Yet prior to the latest earnings, the analysts had been forecasting revenues of €1.85b and losses of €2.17 per share in 2026. So it's pretty clear the analysts have mixed opinions on AT & S Austria Technologie & Systemtechnik after this update; revenues were downgraded and per-share losses expected to increase.
See our latest analysis for AT & S Austria Technologie & Systemtechnik
There was no major change to the consensus price target of €16.66, signalling that the business is performing roughly in line with expectations, despite lower earnings per share forecasts. 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. There are some variant perceptions on AT & S Austria Technologie & Systemtechnik, with the most bullish analyst valuing it at €24.30 and the most bearish at €10.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the AT & S Austria Technologie & Systemtechnik's past performance and to peers in the same industry. It's clear from the latest estimates that AT & S Austria Technologie & Systemtechnik's rate of growth is expected to accelerate meaningfully, with the forecast 12% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 6.6% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 7.7% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that AT & S Austria Technologie & Systemtechnik is expected to grow much faster than its industry.
The Bottom Line
The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at AT & S Austria Technologie & Systemtechnik. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. The consensus price target held steady at €16.66, 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 forecasts for AT & S Austria Technologie & Systemtechnik going out to 2028, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for AT & S Austria Technologie & Systemtechnik that you should be aware of.
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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.