Sixt SE (ETR:SIX2) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Shareholders might have noticed that Sixt SE (ETR:SIX2) filed its first-quarter result this time last week. The early response was not positive, with shares down 3.2% to €81.25 in the past week. Results overall were respectable, with statutory earnings of €5.19 per share roughly in line with what the analysts had forecast. Revenues of €858m came in 3.9% ahead of analyst predictions. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Following the latest results, Sixt's eight analysts are now forecasting revenues of €4.27b in 2025. This would be a satisfactory 4.1% improvement in revenue compared to the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €4.26b and earnings per share (EPS) of €6.87 in 2025. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

Check out our latest analysis for Sixt

We'd also point out that thatthe analysts have made no major changes to their price target of €104. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Sixt at €125 per share, while the most bearish prices it at €90.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

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 Sixt's revenue growth is expected to slow, with the forecast 5.6% annualised growth rate until the end of 2025 being well below the historical 18% 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) 2.7% per year. Even after the forecast slowdown in growth, it seems obvious that Sixt is also expected to grow faster than the wider industry.

The Bottom Line

The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at €104, with the latest estimates not enough to have an impact on their price targets.

We have estimates for Sixt from its eight analysts out to 2027, and you can see them free on our platform here.

Before you take the next step you should know about the 2 warning signs for Sixt that we have uncovered.

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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.