Bonduelle SCA (EPA:BON) Just Reported And Analysts Have Been Lifting Their Price Targets

It's been a good week for Bonduelle SCA (EPA:BON) shareholders, because the company has just released its latest half-year results, and the shares gained 3.0% to €7.10. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Bonduelle after the latest results.

See our latest analysis for Bonduelle

Taking into account the latest results, the five analysts covering Bonduelle provided consensus estimates of €2.22b revenue in 2025, which would reflect a discernible 5.8% decline over the past 12 months. Earnings are expected to improve, with Bonduelle forecast to report a statutory profit of €0.57 per share. Before this earnings report, the analysts had been forecasting revenues of €2.30b and earnings per share (EPS) of €0.79 in 2025. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a pretty serious reduction to earnings per share numbers.

The average price target climbed 5.8% to €8.74despite the reduced earnings forecasts, suggesting that this earnings impact could be a positive for the stock, once it passes. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Bonduelle analyst has a price target of €11.00 per share, while the most pessimistic values it at €7.80. 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.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Bonduelle's past performance and to peers in the same industry. Over the past five years, revenues have declined around 3.9% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 11% decline in revenue until the end of 2025. Compare this against analyst estimates for companies in the broader industry, which suggest that revenues (in aggregate) are expected to grow 3.6% annually. So while a broad number of companies are forecast to grow, unfortunately Bonduelle is expected to see its revenue affected worse than other companies in the industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Bonduelle. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Bonduelle analysts - going out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 2 warning signs for Bonduelle 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.