Analysts Just Made An Incredible Upgrade To Their Taaleri Oyj (HEL:TAALA) Forecasts

Taaleri Oyj (HEL:TAALA) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The analysts greatly increased their revenue estimates, suggesting a stark improvement in business fundamentals.

Following the latest upgrade, the three analysts covering Taaleri Oyj provided consensus estimates of €67m revenue in 2022, which would reflect a noticeable 7.8% decline on its sales over the past 12 months. Per-share earnings are expected to step up 13% to €0.84. Prior to this update, the analysts had been forecasting revenues of €53m and earnings per share (EPS) of €0.47 in 2022. There has definitely been an improvement in perception recently, with the analysts substantially increasing both their earnings and revenue estimates.

See our latest analysis for Taaleri Oyj

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. One more thing stood out to us about these estimates, and it's the idea that Taaleri Oyj's decline is expected to accelerate, with revenues forecast to fall at an annualised rate of 10% to the end of 2022. This tops off a historical decline of 0.3% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 6.5% per year. So while a broad number of companies are forecast to grow, unfortunately Taaleri Oyj is expected to see its sales affected worse than other companies in the industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. Fortunately, they also upgraded their revenue estimates, and are forecasting revenues to grow slower than the wider market. The clear improvement in sentiment should be enough to get most shareholders feeling more optimistic about Taaleri Oyj's future.

Better yet, our automated discounted cash flow calculation (DCF) suggests Taaleri Oyj could be moderately undervalued. For more information, you can click through to our platform to learn more about our valuation approach.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies 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.