Analyst Estimates: Here's What Brokers Think Of Marimekko Oyj (HEL:MEKKO) After Its First-Quarter Report

Investors in Marimekko Oyj (HEL:MEKKO) had a good week, as its shares rose 8.3% to close at €13.04 following the release of its first-quarter results. It was a pretty mixed result, with revenues beating expectations to hit €40m. Statutory earnings fell 3.0% short of analyst forecasts, reaching €0.08 per share. Following the result, the analysts have 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. 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, Marimekko Oyj's five analysts are now forecasting revenues of €193.9m in 2025. This would be a satisfactory 5.2% improvement in revenue compared to the last 12 months. Per-share earnings are expected to step up 12% to €0.65. In the lead-up to this report, the analysts had been modelling revenues of €193.0m and earnings per share (EPS) of €0.66 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Marimekko Oyj

It will come as no surprise then, to learn that the consensus price target is largely unchanged at €14.06. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Marimekko Oyj analyst has a price target of €15.50 per share, while the most pessimistic values it at €12.50. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Marimekko Oyj is an easy business to forecast or the the analysts are all using similar 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. We would highlight that Marimekko Oyj's revenue growth is expected to slow, with the forecast 6.9% annualised growth rate until the end of 2025 being well below the historical 9.0% 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) 6.4% annually. So it's pretty clear that, while Marimekko Oyj's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. 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 held steady at €14.06, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Marimekko Oyj. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Marimekko Oyj going out to 2027, and you can see them free on our platform here..

We also provide an overview of the Marimekko Oyj Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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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.