Analysts Are Updating Their CCL Industries Inc. (TSE:CCL.B) Estimates After Its Full-Year Results

Investors in CCL Industries Inc. (TSE:CCL.B) had a good week, as its shares rose 4.3% to close at CA$72.93 following the release of its full-year results. It was a credible result overall, with revenues of CA$7.2b and statutory earnings per share of CA$4.70 both in line with analyst estimates, showing that CCL Industries is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for CCL Industries

After the latest results, the nine analysts covering CCL Industries are now predicting revenues of CA$7.56b in 2025. If met, this would reflect an okay 4.3% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be CA$4.74, roughly flat on the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of CA$7.52b and earnings per share (EPS) of CA$4.69 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.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at CA$90.10. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on CCL Industries, with the most bullish analyst valuing it at CA$97.00 and the most bearish at CA$86.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

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 CCL Industries' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.3% growth on an annualised basis. This is compared to a historical growth rate of 7.2% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.7% annually. Factoring in the forecast slowdown in growth, it looks like CCL Industries is forecast to grow at about the same rate as 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 real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at CA$90.10, 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 CCL Industries analysts - going out to 2026, and you can see them free on our platform here.

Before you take the next step you should know about the 1 warning sign for CCL Industries that we have uncovered.

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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.