CEWE Stiftung & Co. KGaA (ETR:CWC) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

As you might know, CEWE Stiftung & Co. KGaA (ETR:CWC) just kicked off its latest yearly results with some very strong numbers. The company beat expectations with revenues of €845m arriving 2.4% ahead of forecasts. Statutory earnings per share (EPS) were €8.64, 4.6% ahead of estimates. 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.

Taking into account the latest results, CEWE Stiftung KGaA's six analysts currently expect revenues in 2025 to be €861.5m, approximately in line with the last 12 months. Per-share earnings are expected to accumulate 2.2% to €8.92. Yet prior to the latest earnings, the analysts had been anticipated revenues of €856.1m and earnings per share (EPS) of €8.74 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

See our latest analysis for CEWE Stiftung KGaA

There's been no major changes to the consensus price target of €140, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on CEWE Stiftung KGaA, with the most bullish analyst valuing it at €148 and the most bearish at €126 per share. This is a very narrow spread of estimates, implying either that CEWE Stiftung KGaA is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

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. It's pretty clear that there is an expectation that CEWE Stiftung KGaA's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.9% growth on an annualised basis. This is compared to a historical growth rate of 3.1% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.0% per year. Factoring in the forecast slowdown in growth, it seems obvious that CEWE Stiftung KGaA is also expected to grow slower than other industry participants.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around CEWE Stiftung KGaA's earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for CEWE Stiftung KGaA going out to 2027, and you can see them free on our platform here..

You can also see our analysis of CEWE Stiftung KGaA's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.