Analysts Are Betting On Três Tentos Agroindustrial S/A (BVMF:TTEN3) With A Big Upgrade This Week

Três Tentos Agroindustrial S/A (BVMF:TTEN3) shareholders will have a reason to smile today, with the analysts making substantial upgrades to next year's statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that Três Tentos Agroindustrial S/A will make substantially more sales than they'd previously expected.

After the upgrade, the eight analysts covering Três Tentos Agroindustrial S/A are now predicting revenues of R$14b in 2025. If met, this would reflect a solid 15% improvement in sales compared to the last 12 months. Statutory earnings per share are anticipated to nosedive 28% to R$1.15 in the same period. Previously, the analysts had been modelling revenues of R$13b and earnings per share (EPS) of R$1.06 in 2025. The forecasts seem more optimistic now, with a solid increase in revenue and a small lift in earnings per share estimates.

View our latest analysis for Três Tentos Agroindustrial S/A

It will come as no surprise to learn that the analysts have increased their price target for Três Tentos Agroindustrial S/A 11% to R$16.71 on the back of these upgrades.

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. It's pretty clear that there is an expectation that Três Tentos Agroindustrial S/A's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 12% growth on an annualised basis. This is compared to a historical growth rate of 31% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.3% annually. Even after the forecast slowdown in growth, it seems obvious that Três Tentos Agroindustrial S/A is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for next year, expecting improving business conditions. They also upgraded their revenue estimates for next year, and sales are expected to grow faster than the wider market. There was also an increase in the price target, suggesting that there is more optimism baked into the forecasts than there was previously. Seeing the dramatic upgrade to next year's forecasts, it might be time to take another look at Três Tentos Agroindustrial S/A.

Still, the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Três Tentos Agroindustrial S/A going out to 2026, and you can see them free on our platform here..

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.

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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.