Analysts Have Been Trimming Their Lepermislibre Société anonyme (EPA:ALLPL) Price Target After Its Latest Report

Lepermislibre Société anonyme (EPA:ALLPL) last week reported its latest annual results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. It was an okay result overall, with revenues coming in at €17m, roughly what the analyst had been expecting. The analyst 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. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

See our latest analysis for Lepermislibre Société anonyme

Taking into account the latest results, the most recent consensus for Lepermislibre Société anonyme from sole analyst is for revenues of €17.8m in 2024. If met, it would imply an okay 5.8% increase on its revenue over the past 12 months. Before this latest report, the consensus had been expecting revenues of €20.0m and €0.02 per share in losses. So we can see that while the consensus made a substantial drop in revenue estimates, it no longer provides an earnings per share estimate. This suggests that the market is now more focused on revenues after the latest results.

The average price target fell 13% to €2.00, withthe analyst clearly having become less optimistic about Lepermislibre Société anonyme'sprospects following its latest earnings.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Lepermislibre Société anonyme's revenue growth is expected to slow, with the forecast 5.8% annualised growth rate until the end of 2024 being well below the historical 28% p.a. growth over the last three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.9% annually. So it's pretty clear that, while Lepermislibre Société anonyme's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that the analyst downgraded their revenue estimates for next year. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. With that said, earnings are more important to the long-term value of the business. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of Lepermislibre Société anonyme's future valuation.

We have estimates for Lepermislibre Société anonyme from one covering analyst, and you can see them free on our platform here.

You still need to take note of risks, for example - Lepermislibre Société anonyme has 1 warning sign we think you should be aware of.

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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.