Analysts Have Made A Financial Statement On ID Logistics Group SA's (EPA:IDL) Yearly Report

Last week saw the newest annual earnings release from ID Logistics Group SA (EPA:IDL), an important milestone in the company's journey to build a stronger business. It was an okay report, and revenues came in at €2.7b, approximately in line with analyst estimates leading up to the results announcement. 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 ID Logistics Group after the latest results.

Check out our latest analysis for ID Logistics Group

After the latest results, the four analysts covering ID Logistics Group are now predicting revenues of €3.04b in 2024. If met, this would reflect a decent 11% improvement in revenue compared to the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €3.05b and earnings per share (EPS) of €10.62 in 2024. 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.

We'd also point out that thatthe analysts have made no major changes to their price target of €390. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on ID Logistics Group, with the most bullish analyst valuing it at €419 and the most bearish at €350 per share. This is a very narrow spread of estimates, implying either that ID Logistics Group is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that ID Logistics Group's revenue growth is expected to slow, with the forecast 11% annualised growth rate until the end of 2024 being well below the historical 15% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 2.7% annually. Even after the forecast slowdown in growth, it seems obvious that ID Logistics Group is also expected 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. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

At least one of ID Logistics Group's four analysts has provided estimates out to 2026, which can be seen for free on our platform here.

It is also worth noting that we have found 3 warning signs for ID Logistics Group (1 makes us a bit uncomfortable!) that you need to take into consideration.

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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.