Analysts Just Published A Bright New Outlook For Gokaldas Exports Limited's (NSE:GOKEX)

Celebrations may be in order for Gokaldas Exports Limited (NSE:GOKEX) shareholders, with the analysts delivering a significant upgrade to their statutory estimates for the company. The consensus statutory numbers for both revenue and earnings per share (EPS) increased, with their view clearly much more bullish on the company's business prospects.

After the upgrade, the three analysts covering Gokaldas Exports are now predicting revenues of ₹36b in 2025. If met, this would reflect a huge 73% improvement in sales compared to the last 12 months. Per-share earnings are expected to leap 68% to ₹37.17. Prior to this update, the analysts had been forecasting revenues of ₹28b and earnings per share (EPS) of ₹30.57 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 Gokaldas Exports

With these upgrades, we're not surprised to see that the analysts have lifted their price target 5.4% to ₹1,081 per share.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Gokaldas Exports' past performance and to peers in the same industry. It's clear from the latest estimates that Gokaldas Exports' rate of growth is expected to accelerate meaningfully, with the forecast 55% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 16% 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 14% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Gokaldas Exports is expected to grow much faster than its industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for next year. 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, Gokaldas Exports could be worth investigating further.

Still, the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Gokaldas Exports going out to 2026, and you can see them free on our platform here..

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.

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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.