Fnac Darty SA (EPA:FNAC) Half-Year Results: Here's What Analysts Are Forecasting For This Year
There's been a notable change in appetite for Fnac Darty SA (EPA:FNAC) shares in the week since its half-year report, with the stock down 11% to €29.75. Fnac Darty reported in line with analyst predictions, delivering revenues of €4.5b and statutory earnings per share of €1.17, 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the consensus forecast from Fnac Darty's six analysts is for revenues of €10.6b in 2025. This reflects a meaningful 13% improvement in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €10.6b and earnings per share (EPS) of €1.97 in 2025. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.
See our latest analysis for Fnac Darty
We'd also point out that thatthe analysts have made no major changes to their price target of €35.86. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Fnac Darty, with the most bullish analyst valuing it at €41.00 and the most bearish at €30.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Fnac Darty's past performance and to peers in the same industry. The analysts are definitely expecting Fnac Darty's growth to accelerate, with the forecast 28% annualised growth to the end of 2025 ranking favourably alongside historical growth of 2.7% per annum 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 3.6% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Fnac Darty to grow faster than the wider industry.
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 major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at €35.86, with the latest estimates not enough to have an impact on their price targets.
At least one of Fnac Darty's six analysts has provided estimates out to 2027, which can be seen for free on our platform here.
However, before you get too enthused, we've discovered 3 warning signs for Fnac Darty (1 is a bit unpleasant!) that 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.