Stock Analysis

News Flash: One Analyst Just Made A Notable Upgrade To Their Nurminen Logistics Oyj (HEL:NLG1V) Forecasts

Published
HLSE:NLG1V

Shareholders in Nurminen Logistics Oyj (HEL:NLG1V) may be thrilled to learn that the covering analyst has just delivered a major upgrade to their near-term forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. The stock price has risen 8.1% to €0.96 over the past week, suggesting investors are becoming more optimistic. It will be interesting to see if this latest upgrade is enough to kickstart further buying interest in the stock.

After the upgrade, the solo analyst covering Nurminen Logistics Oyj is now predicting revenues of €144m in 2025. If met, this would reflect a sizeable 22% improvement in sales compared to the last 12 months. Statutory earnings per share are supposed to plunge 23% to €0.14 in the same period. Previously, the analyst had been modelling revenues of €116m and earnings per share (EPS) of €0.13 in 2025. The most recent forecasts are noticeably more optimistic, with a great increase in revenue estimates and a lift to earnings per share as well.

Check out our latest analysis for Nurminen Logistics Oyj

HLSE:NLG1V Earnings and Revenue Growth November 14th 2024

It will come as no surprise to learn that the analyst has increased their price target for Nurminen Logistics Oyj 14% to €1.20 on the back of these upgrades.

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. The analyst is definitely expecting Nurminen Logistics Oyj's growth to accelerate, with the forecast 17% annualised growth to the end of 2025 ranking favourably alongside historical growth of 12% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 2.3% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Nurminen Logistics Oyj is expected to grow much faster than its industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that the analyst upgraded their earnings per share estimates, with improved earnings power expected for next year. Fortunately, the analyst also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. There was also a nice increase in the price target, with the analyst apparently feeling that the intrinsic value of the business is improving. Seeing the dramatic upgrade to next year's forecasts, it might be time to take another look at Nurminen Logistics Oyj.

Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. We have analyst estimates for Nurminen Logistics Oyj going out as far as 2026, and you can see them free on our platform here.

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 backed by insiders.

Valuation is complex, but we're here to simplify it.

Discover if Nurminen Logistics Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.