Analyst Forecasts Just Became More Bearish On HIAG Immobilien Holding AG (VTX:HIAG)

The latest analyst coverage could presage a bad day for HIAG Immobilien Holding AG (VTX:HIAG), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well.

After the downgrade, the consensus from HIAG Immobilien Holding's twin analysts is for revenues of CHF127m in 2024, which would reflect a discernible 6.2% decline in sales compared to the last year of performance. Before the latest update, the analysts were foreseeing CHF144m of revenue in 2024. The consensus view seems to have become more pessimistic on HIAG Immobilien Holding, noting the substantial drop in revenue estimates in this update.

View our latest analysis for HIAG Immobilien Holding

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the HIAG Immobilien Holding's past performance and to peers in the same industry. We would highlight that sales are expected to reverse, with a forecast 6.2% annualised revenue decline to the end of 2024. That is a notable change from historical growth of 17% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue decline 5.6% annually for the foreseeable future.

The Bottom Line

The most important thing to take away is that analysts cut their revenue estimates for this year. The analysts also expect revenues to shrink approximately in line with the wider market. Overall, given the drastic downgrade to this year's forecasts, we'd be feeling a little more wary of HIAG Immobilien Holding going forwards.

As you can see, the analysts clearly aren't bullish, and there might be good reason for that. We've identified some potential issues with HIAG Immobilien Holding's financials, such as its declining profit margins. Learn more, and discover the 2 other warning signs we've identified, for free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.

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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.