One Easy Trip Planners Limited (NSE:EASEMYTRIP) Broker Just Cut Their Revenue Forecasts By 30%

One thing we could say about the covering analyst on Easy Trip Planners Limited (NSE:EASEMYTRIP) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.

Following the downgrade, the most recent consensus for Easy Trip Planners from its sole analyst is for revenues of ₹6.4b in 2025 which, if met, would be a reasonable 2.6% increase on its sales over the past 12 months. Before the latest update, the analyst was foreseeing ₹9.1b of revenue in 2025. The consensus view seems to have become more pessimistic on Easy Trip Planners, noting the sizeable cut to revenue estimates in this update.

Check out our latest analysis for Easy Trip Planners

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's pretty clear that there is an expectation that Easy Trip Planners' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 5.3% growth on an annualised basis. This is compared to a historical growth rate of 45% over the past three years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 20% annually. Factoring in the forecast slowdown in growth, it seems obvious that Easy Trip Planners is also expected to grow slower than other industry participants.

The Bottom Line

The clear low-light was that the analyst slashing their revenue forecasts for Easy Trip Planners this year. They're also anticipating slower revenue growth than the wider market. Often, one downgrade can set off a daisy-chain of cuts, especially if an industry is in decline. So we wouldn't be surprised if the market became a lot more cautious on Easy Trip Planners after today.

Unsatisfied? One Easy Trip Planners broker/analyst has provided estimates out to 2027, which can be seen for 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 downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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