Newsflash: Ina Invest Holding AG (VTX:INA) Analysts Have Been Trimming Their Revenue Forecasts

Market forces rained on the parade of Ina Invest Holding AG (VTX:INA) shareholders today, when the analysts downgraded their forecasts for this year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.

Following the downgrade, the consensus from dual analysts covering Ina Invest Holding is for revenues of CHF18m in 2022, implying a chunky 18% decline in sales compared to the last 12 months. Statutory earnings per share are anticipated to dive 40% to CHF0.85 in the same period. Prior to this update, the analysts had been forecasting revenues of CHF20m and earnings per share (EPS) of CHF0.85 in 2022. Indeed we can see that the consensus opinion has undergone some fundamental changes following the recent consensus updates, with a measurable cut to revenues and some minor tweaks to earnings numbers.

See our latest analysis for Ina Invest Holding

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. We would highlight that sales are expected to reverse, with a forecast 18% annualised revenue decline to the end of 2022. That is a notable change from historical growth of 87% over the last year. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue decline 4.0% annually for the foreseeable future. The forecasts do look bearish for Ina Invest Holding, since they're expecting it to shrink faster than the industry.

The Bottom Line

The most obvious conclusion from this consensus update is that there's been no major change in the business' prospects in recent times, with analysts holding earnings per share steady, in line with previous estimates. Unfortunately they also downgraded their revenue estimates, and our aggregation of analyst estimates suggests that Ina Invest Holding revenue is expected to perform worse than the wider market. Overall, given the drastic downgrade to this year's forecasts, we'd be feeling a little more wary of Ina Invest Holding going forwards.

Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. We have analyst estimates for Ina Invest Holding going out as far as 2024, and you can see them 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.