Analyst Estimates: Here's What Brokers Think Of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (BUSE:MTELEKOM) After Its Annual Report

Investors in Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (BUSE:MTELEKOM) had a good week, as its shares rose 8.2% to close at Ft833 following the release of its annual results. The result was positive overall - although revenues of Ft849b were in line with what the analysts predicted, Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság surprised by delivering a statutory profit of Ft83.73 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

Taking into account the latest results, the current consensus from Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság's five analysts is for revenues of Ft922.3b in 2024. This would reflect a notable 8.6% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 39% to Ft118. Before this earnings report, the analysts had been forecasting revenues of Ft913.9b and earnings per share (EPS) of Ft110 in 2024. So the consensus seems to have become somewhat more optimistic on Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság's earnings potential following these results.

There's been no major changes to the consensus price target of Ft883, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság at Ft1,120 per share, while the most bearish prices it at Ft377. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság's past performance and to peers in the same industry. The analysts are definitely expecting Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság's growth to accelerate, with the forecast 8.6% annualised growth to the end of 2024 ranking favourably alongside historical growth of 4.7% 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 1.9% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is 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.

With that in mind, we wouldn't be too quick to come to a conclusion on Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság going out to 2026, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 1 warning sign for Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság 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.