Industry Analysts Just Upgraded Their Zug Estates Holding AG (VTX:ZUGN) Revenue Forecasts By 37%

Zug Estates Holding AG (VTX:ZUGN) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that Zug Estates Holding will make substantially more sales than they'd previously expected.

After the upgrade, the consensus from Zug Estates Holding's dual analysts is for revenues of CHF143m in 2020, which would reflect a substantial 24% decline in sales compared to the last year of performance. Prior to the latest estimates, the analysts were forecasting revenues of CHF104m in 2020. It looks like there's been a clear increase in optimism around Zug Estates Holding, given the considerable lift to revenue forecasts.

View our latest analysis for Zug Estates 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. These estimates imply that sales are expected to slow, with a forecast revenue decline of 24%, a significant reduction from annual growth of 20% 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 6.3% annually for the foreseeable future. So it's pretty clear that Zug Estates Holding's revenues are expected to shrink faster than the wider industry.

The Bottom Line

The highlight for us was that analysts increased their revenue forecasts for Zug Estates Holding this year. They're also forecasting for revenues to shrink at a quicker rate than companies in the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at Zug Estates Holding.

Analysts are definitely bullish on Zug Estates Holding, but no company is perfect. Indeed, you should know that there are several potential concerns to be aware of, including its declining profit margins. You can learn more, and discover the 2 other concerns 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 upgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.

When trading Zug Estates Holding or any other investment, use the platform considered by many to be the Professional's Gateway to the Worlds Market, Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted

This article by Simply Wall St is general in nature. 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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.