Analysts Have Been Trimming Their AS Tallinna Sadam (TAL:TSM1T) Price Target After Its Latest Report

As you might know, AS Tallinna Sadam (TAL:TSM1T) recently reported its quarterly numbers. Results were roughly in line with estimates, with revenues of €31m and statutory earnings per share of €0.02. The analyst typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

See our latest analysis for AS Tallinna Sadam

After the latest results, the lone analyst covering AS Tallinna Sadam are now predicting revenues of €124.1m in 2025. If met, this would reflect a credible 4.5% improvement in revenue compared to the last 12 months. Per-share earnings are expected to expand 17% to €0.079. Yet prior to the latest earnings, the analyst had been anticipated revenues of €124.3m and earnings per share (EPS) of €0.076 in 2025. So the consensus seems to have become somewhat more optimistic on AS Tallinna Sadam's earnings potential following these results.

The consensus price target fell 23% to €1.15, suggesting the increase in earnings forecasts was not enough to offset other the analyst concerns.

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. For example, we noticed that AS Tallinna Sadam's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 3.6% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 0.4% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 3.8% annually. So it looks like AS Tallinna Sadam is expected to grow at about the same rate as the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around AS Tallinna Sadam's earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of AS Tallinna Sadam's future valuation.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.

However, before you get too enthused, we've discovered 2 warning signs for AS Tallinna Sadam (1 is a bit unpleasant!) that you should be aware of.

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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.