Stock Analysis

Upgrade: Analysts Just Made A Captivating Increase To Their Pullup Entertainment Société anonyme (EPA:ALPUL) Forecasts

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ENXTPA:ALPUL

Pullup Entertainment Société anonyme (EPA:ALPUL) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analysts modelling a real improvement in business performance. The market seems to be pricing in some improvement in the business too, with the stock up 8.6% over the past week, closing at €20.55. Whether the upgrade is enough to drive the stock price higher is yet to be seen, however.

After this upgrade, Pullup Entertainment Société anonyme's four analysts are now forecasting revenues of €264m in 2025. This would be a major 41% improvement in sales compared to the last 12 months. The losses are expected to disappear over the next year or so, with forecasts for a profit of €1.91 per share this year. Previously, the analysts had been modelling revenues of €226m and earnings per share (EPS) of €1.44 in 2025. There has definitely been an improvement in perception recently, with the analysts substantially increasing both their earnings and revenue estimates.

View our latest analysis for Pullup Entertainment Société anonyme

ENXTPA:ALPUL Earnings and Revenue Growth September 14th 2024

It will come as no surprise to learn that the analysts have increased their price target for Pullup Entertainment Société anonyme 28% to €24.20 on the back of these upgrades.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Pullup Entertainment Société anonyme's rate of growth is expected to accelerate meaningfully, with the forecast 41% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 6.0% p.a. 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 8.3% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Pullup Entertainment Société anonyme is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for this year, expecting improving business conditions. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Given that the consensus looks almost universally bullish, with a substantial increase to forecasts and a higher price target, Pullup Entertainment Société anonyme could be worth investigating further.

Analysts are definitely bullish on Pullup Entertainment Société anonyme, but no company is perfect. Indeed, you should know that there are several potential concerns to be aware of, including dilutive stock issuance over the past year. You can learn more, and discover the 2 other concerns we've identified, for free on our platform here.

We also provide an overview of the Pullup Entertainment Société anonyme Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, 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.