The Instone Real Estate Group SE (ETR:INS) Analysts Have Been Trimming Their Sales Forecasts

Market forces rained on the parade of Instone Real Estate Group SE (ETR:INS) shareholders today, when the analysts downgraded their forecasts for this year. Revenue estimates were cut sharply as the analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well.

Following the downgrade, the most recent consensus for Instone Real Estate Group from its four analysts is for revenues of €544m in 2024 which, if met, would be a satisfactory 6.5% increase on its sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of €643m in 2024. It looks like forecasts have become a fair bit less optimistic on Instone Real Estate Group, given the measurable cut to revenue estimates.

See our latest analysis for Instone Real Estate Group

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Instone Real Estate Group'shistorical trends, as the 6.5% annualised revenue growth to the end of 2024 is roughly in line with the 6.1% annual revenue growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues fall 16% per year. So it's clear that not only is revenue growth expected to be maintained, but Instone Real Estate Group is expected to grow meaningfully faster than the wider industry.

The Bottom Line

The clear low-light was that analysts slashing their revenue forecasts for Instone Real Estate Group this year. They're also forecasting for revenues to perform better than companies in the wider market. Given the stark change in sentiment, we'd understand if investors became more cautious on Instone Real Estate Group after today.

Unsatisfied? At least one of Instone Real Estate Group's four analysts has provided estimates out to 2026, which can be seen 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 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.