Earnings Update: IntegraFin Holdings plc (LON:IHP) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts

It's been a good week for IntegraFin Holdings plc (LON:IHP) shareholders, because the company has just released its latest annual results, and the shares gained 9.6% to UK£5.47. IntegraFin Holdings reported UK£107m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of UK£0.14 beat expectations, being 4.0% higher than what the analysts expected. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for IntegraFin Holdings

Taking into account the latest results, the current consensus from IntegraFin Holdings' six analysts is for revenues of UK£117.5m in 2021, which would reflect a decent 9.5% increase on its sales over the past 12 months. Per-share earnings are expected to increase 7.9% to UK£0.15. Before this earnings report, the analysts had been forecasting revenues of UK£116.8m and earnings per share (EPS) of UK£0.15 in 2021. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of UK£5.03, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on IntegraFin Holdings, with the most bullish analyst valuing it at UK£5.69 and the most bearish at UK£3.96 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

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. We can infer from the latest estimates that forecasts expect a continuation of IntegraFin Holdings'historical trends, as next year's 9.5% revenue growth is roughly in line with 10% annual revenue growth over the past five years. Compare this with the wider industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.0% next year. So it's pretty clear that IntegraFin Holdings is forecast to grow substantially faster than its industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting sales are tracking in line with expectations - and our data suggests that revenues are expected to grow faster than the wider industry. The consensus price target held steady at UK£5.03, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on IntegraFin Holdings. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple IntegraFin Holdings analysts - going out to 2025, and you can see them free on our platform here.

We also provide an overview of the IntegraFin Holdings Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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