AS Tallinna Sadam (TAL:TSM1T) Analysts Are Pretty Bullish On The Stock After Recent Results

The second-quarter results for AS Tallinna Sadam (TAL:TSM1T) were released last week, making it a good time to revisit its performance. Revenues came in 4.2% below expectations, at €30m. Statutory earnings per share were relatively better off, with a per-share profit of €0.01 being roughly in line with analyst estimates. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.

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Taking into account the latest results, the consensus forecast from AS Tallinna Sadam's lone analyst is for revenues of €121.0m in 2025. This reflects a credible 2.7% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 17% to €0.09. Yet prior to the latest earnings, the analyst had been anticipated revenues of €122.4m and earnings per share (EPS) of €0.082 in 2025. So the consensus seems to have become somewhat more optimistic on AS Tallinna Sadam's earnings potential following these results.

See our latest analysis for AS Tallinna Sadam

The analyst has been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 22% to €1.40.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the AS Tallinna Sadam's past performance and to peers in the same industry. It's clear from the latest estimates that AS Tallinna Sadam's rate of growth is expected to accelerate meaningfully, with the forecast 5.4% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 1.9% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.7% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that AS Tallinna Sadam is expected to grow much faster than its industry.

The Bottom Line

The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards AS Tallinna Sadam following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for AS Tallinna Sadam going out as far as 2027, and you can see them free on our platform here.

Before you take the next step you should know about the 1 warning sign for AS Tallinna Sadam 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.