Analysts Have Made A Financial Statement On Kuehne + Nagel International AG's (VTX:KNIN) Full-Year Report

It's been a mediocre week for Kuehne + Nagel International AG (VTX:KNIN) shareholders, with the stock dropping 12% to CHF257 in the week since its latest annual results. It was a credible result overall, with revenues of CHF24b and statutory earnings per share of CHF12.02 both in line with analyst estimates, showing that Kuehne + Nagel International is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for Kuehne + Nagel International

Taking into account the latest results, the most recent consensus for Kuehne + Nagel International from 13 analysts is for revenues of CHF24.6b in 2024. If met, it would imply a satisfactory 2.9% increase on its revenue over the past 12 months. Statutory earnings per share are expected to shrink 8.9% to CHF10.90 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of CHF24.4b and earnings per share (EPS) of CHF10.83 in 2024. 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.

The analysts reconfirmed their price target of CHF252, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Kuehne + Nagel International at CHF335 per share, while the most bearish prices it at CHF200. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Kuehne + Nagel International shareholders.

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 Kuehne + Nagel International's revenue growth is expected to slow, with the forecast 2.9% annualised growth rate until the end of 2024 being well below the historical 12% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 0.5% per year. So it's pretty clear that, while Kuehne + Nagel International's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Kuehne + Nagel International. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Kuehne + Nagel International analysts - going out to 2026, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 3 warning signs for Kuehne + Nagel International you should be aware of, and 2 of them shouldn't be ignored.

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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.