Analyst Estimates: Here's What Brokers Think Of Synergie SE (EPA:SDG) After Its First-Quarter Report

Synergie SE (EPA:SDG) shareholders are probably feeling a little disappointed, since its shares fell 5.1% to €31.50 in the week after its latest quarterly results. The result was fairly weak overall, with revenues of €725m being 2.8% less than what the analysts had been modelling. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Synergie

Taking into account the latest results, the most recent consensus for Synergie from twin analysts is for revenues of €3.11b in 2023. If met, it would imply a credible 3.8% increase on its revenue over the past 12 months. In the lead-up to this report, the analysts had been modelling revenues of €3.17b and earnings per share (EPS) of €3.58 in 2023. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

There's been no real change to the consensus price target of €42.50, with Synergie seemingly executing in line with expectations.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Synergie's rate of growth is expected to accelerate meaningfully, with the forecast 5.1% annualised revenue growth to the end of 2023 noticeably faster than its historical growth of 3.4% p.a. over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 6.0% per year. Synergie is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. 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 €42.50, with the latest estimates not enough to have an impact on their price targets.

At least one of Synergie's twin analysts has provided estimates out to 2025, which can be seen for free on our platform here.

Even so, be aware that Synergie is showing 1 warning sign in our investment analysis , you should know about...

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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.