Analyst Estimates: Here's What Brokers Think Of Hermès International Société en commandite par actions (EPA:RMS) After Its Interim Report

Last week, you might have seen that Hermès International Société en commandite par actions (EPA:RMS) released its interim result to the market. The early response was not positive, with shares down 8.4% to €2,151 in the past week. Hermès International Société en commandite par actions reported in line with analyst predictions, delivering revenues of €8.0b and statutory earnings per share of €21.39, suggesting the business is executing well and in line with its plan. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the current consensus from Hermès International Société en commandite par actions' 19 analysts is for revenues of €16.2b in 2025. This would reflect an okay 3.3% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 2.1% to €43.64. Before this earnings report, the analysts had been forecasting revenues of €16.4b and earnings per share (EPS) of €43.82 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 Hermès International Société en commandite par actions

The analysts reconfirmed their price target of €2,515, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Hermès International Société en commandite par actions analyst has a price target of €3,000 per share, while the most pessimistic values it at €1,580. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Hermès International Société en commandite par actions' revenue growth is expected to slow, with the forecast 6.6% annualised growth rate until the end of 2025 being well below the historical 19% p.a. growth over the last five years. Compare this to the 13 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 6.4% per year. So it's pretty clear that, while Hermès International Société en commandite par actions' revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous 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 €2,515, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Hermès International Société en commandite par actions going out to 2027, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, 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.