Price Target Changed • May 27
Price target increased by 8.0% to €441 Up from €409, the current price target is an average from 9 analysts. New target price is 8.3% below last closing price of €481. Stock is up 189% over the past year. The company is forecast to post earnings per share of €13.69 for next year compared to €11.99 last year. Price Target Changed • May 20
Price target increased by 13% to €431 Up from €382, the current price target is an average from 9 analysts. New target price is 5.9% below last closing price of €457. Stock is up 175% over the past year. The company is forecast to post earnings per share of €13.60 for next year compared to €11.99 last year. Announcement • Mar 18
HOCHTIEF Aktiengesellschaft announces Annual dividend, payable on July 07, 2026 HOCHTIEF Aktiengesellschaft announced Annual dividend of EUR 6.6000 per share payable on July 07, 2026, ex-date on April 30, 2026 and record date on May 04, 2026. Announcement • Jan 13
HOCHTIEF Aktiengesellschaft to Report Nine Months, 2026 Results on Nov 05, 2026 HOCHTIEF Aktiengesellschaft announced that they will report nine months, 2026 results on Nov 05, 2026 Announcement • Apr 01
HOCHTIEF Aktiengesellschaft to Report Q1, 2025 Results on May 12, 2025 HOCHTIEF Aktiengesellschaft announced that they will report Q1, 2025 results on May 12, 2025 Announcement • Mar 18
HOCHTIEF Aktiengesellschaft, Annual General Meeting, Apr 29, 2025 HOCHTIEF Aktiengesellschaft, Annual General Meeting, Apr 29, 2025, at 10:30 W. Europe Standard Time. Announcement • Feb 20
HOCHTIEF Aktiengesellschaft announces Annual dividend, payable on May 05, 2025 HOCHTIEF Aktiengesellschaft announced Annual dividend of EUR 5.2300 per share payable on May 05, 2025, ex-date on April 30, 2025 and record date on May 02, 2025. Reported Earnings • Nov 09
Third quarter 2024 earnings: Revenues exceed analyst expectations Third quarter 2024 results: Revenue: €8.93b (up 22% from 3Q 2023). Net income: €142.6m (up 20% from 3Q 2023). Profit margin: 1.6% (in line with 3Q 2023). Revenue exceeded analyst estimates by 2.2%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Reported Earnings • Jul 25
Second quarter 2024 earnings: Revenues in line with analyst expectations Second quarter 2024 results: Revenue: €7.89b (up 16% from 2Q 2023). Net income: €303.5m (up 126% from 2Q 2023). Profit margin: 3.8% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Reported Earnings • May 13
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: €1.77 (up from €1.70 in 1Q 2023). Revenue: €6.78b (up 9.6% from 1Q 2023). Net income: €132.8m (up 4.2% from 1Q 2023). Profit margin: 2.0% (down from 2.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Apr 19
Upcoming dividend of €4.40 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (4.1%). Announcement • Apr 11
HOCHTIEF Aktiengesellschaft to Report Q1, 2024 Results on May 13, 2024 HOCHTIEF Aktiengesellschaft announced that they will report Q1, 2024 results on May 13, 2024 Declared Dividend • Feb 25
Dividend of €4.40 announced Shareholders will receive a dividend of €4.40. Ex-date: 26th April 2024 Payment date: 30th April 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 23
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: €6.95 (up from €6.69 in FY 2022). Revenue: €27.9b (up 6.3% from FY 2022). Net income: €522.7m (up 8.5% from FY 2022). Profit margin: 1.9% (up from 1.8% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Nov 09
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: EPS: €1.58 (up from €1.53 in 3Q 2022). Revenue: €7.35b (up 2.3% from 3Q 2022). Net income: €119.0m (up 3.4% from 3Q 2022). Profit margin: 1.6% (in line with 3Q 2022). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Buying Opportunity • Oct 18
Now 21% undervalued Over the last 90 days, the stock is up 16%. The fair value is estimated to be €118, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 6.1% in 2 years. Earnings is forecast to grow by 12% in the next 2 years. Price Target Changed • Oct 10
Price target increased by 8.6% to €91.93 Up from €84.63, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €94.55. Stock is up 97% over the past year. The company is forecast to post earnings per share of €6.85 for next year compared to €6.68 last year. Buying Opportunity • Oct 02
Now 21% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be €117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 5.3% in 2 years. Earnings is forecast to grow by 12% in the next 2 years. Announcement • Aug 22
HOCHTIEF Aktiengesellschaft to Report Nine Months, 2023 Results on Nov 07, 2023 HOCHTIEF Aktiengesellschaft announced that they will report nine months, 2023 results on Nov 07, 2023 Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: €1.79 (vs €1.93 in 2Q 2022) Second quarter 2023 results: EPS: €1.79. Revenue: €6.86b (up 2.7% from 2Q 2022). Net income: €134.4m (flat on 2Q 2022). Profit margin: 2.0% (in line with 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Germany. Reported Earnings • May 10
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: EPS: €1.70 (up from €1.56 in 1Q 2022). Revenue: €6.24b (up 19% from 1Q 2022). Net income: €127.5m (up 20% from 1Q 2022). Profit margin: 2.0% (in line with 1Q 2022). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 20
Upcoming dividend of €4.00 per share at 4.9% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.9%). Price Target Changed • Mar 08
Price target increased by 13% to €74.60 Up from €65.93, the current price target is an average from 6 analysts. New target price is 7.5% above last closing price of €69.38. Stock is up 19% over the past year. The company is forecast to post earnings per share of €6.69 for next year compared to €6.68 last year. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: €6.41 (vs €3.12 in FY 2021) Full year 2022 results: EPS: €6.41 (up from €3.12 in FY 2021). Revenue: €26.2b (up 23% from FY 2021). Net income: €481.8m (up 127% from FY 2021). Profit margin: 1.8% (up from 1.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Jan 13
HOCHTIEF Aktiengesellschaft to Report Fiscal Year 2022 Results on Feb 23, 2023 HOCHTIEF Aktiengesellschaft announced that they will report fiscal year 2022 results on Feb 23, 2023 Reported Earnings • Nov 05
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: €1.53 (up from €1.46 in 3Q 2021). Revenue: €7.20b (up 35% from 3Q 2021). Net income: €115.0m (up 15% from 3Q 2021). Profit margin: 1.6% (down from 1.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 10
Price target decreased to €65.60 Down from €70.60, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €48.01. Stock is down 32% over the past year. The company is forecast to post earnings per share of €6.84 for next year compared to €3.12 last year. Price Target Changed • Sep 19
Price target decreased to €68.32 Down from €73.80, the current price target is an average from 5 analysts. New target price is 36% above last closing price of €50.14. Stock is down 24% over the past year. The company is forecast to post earnings per share of €6.80 for next year compared to €3.12 last year. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: €1.93 (vs €1.59 in 2Q 2021) Second quarter 2022 results: EPS: €1.93 (up from €1.59 in 2Q 2021). Revenue: €6.68b (up 25% from 2Q 2021). Net income: €134.3m (up 24% from 2Q 2021). Profit margin: 2.0% (in line with 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • May 10
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: €1.56 (up from €1.26 in 1Q 2021). Revenue: €5.70b (up 16% from 1Q 2021). Net income: €106.1m (up 23% from 1Q 2021). Profit margin: 1.9% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 5.6%, compared to a 7.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 21
Upcoming dividend of €1.91 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 61% and the cash payout ratio is 87%. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (3.7%). Reported Earnings • Feb 26
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: €3.12 (down from €5.69 in FY 2020). Revenue: €21.4b (down 6.9% from FY 2020). Net income: €212.4m (down 46% from FY 2020). Profit margin: 1.0% (down from 1.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 5.9%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year and the company’s share price has also fallen by 23% per year. Reported Earnings • Oct 30
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €5.32b (down 11% from 3Q 2020). Net income: €99.8m (down 18% from 3Q 2020). Profit margin: 1.9% (down from 2.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jul 28
Second quarter 2021 earnings released: EPS €1.59 (vs €1.25 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €5.35b (down 7.6% from 2Q 2020). Net income: €108.5m (up 24% from 2Q 2020). Profit margin: 2.0% (up from 1.5% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 14
First quarter 2021 earnings released: EPS €1.26 (vs €1.63 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €4.93b (down 20% from 1Q 2020). Net income: €86.0m (down 25% from 1Q 2020). Profit margin: 1.7% (down from 1.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 30
Upcoming dividend of €3.93 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 07 July 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.8%). Reported Earnings • Apr 04
Full year 2020 earnings released: EPS €5.69 (vs €11.99 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €23.0b (down 11% from FY 2019). Net income: €394.8m (down 53% from FY 2019). Profit margin: 1.7% (down from 3.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 21
Full year 2020 earnings released: EPS €6.16 (vs €2.92 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €23.0b (down 11% from FY 2019). Net income: €427.2m (up €633.4m from FY 2019). Profit margin: 1.9% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 21
Revenue and earnings miss expectations Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 9.8%. Over the next year, revenue is forecast to grow 6.9%, compared to a 5.9% growth forecast for the Construction industry in Germany. Is New 90 Day High Low • Feb 19
New 90-day low: €74.95 The company is down 2.0% from its price of €76.40 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Construction industry, which is also down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €99.45 per share. Is New 90 Day High Low • Jan 13
New 90-day high: €84.40 The company is up 22% from its price of €68.95 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €250 per share. Is New 90 Day High Low • Nov 17
New 90-day high: €78.15 The company is up 2.0% from its price of €76.80 on 19 August 2020. The German market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Construction industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €241 per share. Is New 90 Day High Low • Oct 29
New 90-day low: €63.90 The company is down 11% from its price of €72.00 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €241 per share. Analyst Estimate Surprise Post Earnings • Oct 17
Third-quarter earnings released: Revenue beats expectations, earnings disappoint Third-quarter revenue exceeded analyst estimates by 0.3% at €5.96b. Earnings per share (EPS) missed analyst estimates by 1.7% at €1.77. Revenue is forecast to stay flat over the next year, in line with the revenue forecast for the Construction industry in Germany. Reported Earnings • Oct 17
Third quarter earnings released Over the last 12 months the company has reported total losses of €338.5m, with earnings decreasing by €925.0m from the prior year. Total revenue was €25.0b over the last 12 months, largely unchanged from the prior year. Is New 90 Day High Low • Sep 22
New 90-day low: €65.25 The company is down 14% from its price of €75.80 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €129 per share.