Thomas Cook (India) Limited (NSE:THOMASCOOK) Just Reported, And Analysts Assigned A ₹257 Price Target

Shareholders might have noticed that Thomas Cook (India) Limited (NSE:THOMASCOOK) filed its quarterly result this time last week. The early response was not positive, with shares down 6.1% to ₹144 in the past week. It was a workmanlike result, with revenues of ₹21b coming in 4.8% ahead of expectations, and statutory earnings per share of ₹5.57, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Check out our latest analysis for Thomas Cook (India)

Following the latest results, Thomas Cook (India)'s three analysts are now forecasting revenues of ₹92.8b in 2026. This would be a decent 18% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 37% to ₹7.27. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹94.0b and earnings per share (EPS) of ₹7.73 in 2026. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

It might be a surprise to learn that the consensus price target fell 5.5% to ₹257, with the analysts clearly linking lower forecast earnings to the performance of the stock price. 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 Thomas Cook (India), with the most bullish analyst valuing it at ₹283 and the most bearish at ₹230 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Thomas Cook (India) is an easy business to forecast or the the analysts are all using similar assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Thomas Cook (India)'s revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 14% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 21% per year. Factoring in the forecast slowdown in growth, it seems obvious that Thomas Cook (India) is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Thomas Cook (India)'s revenue is expected to perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Thomas Cook (India)'s future valuation.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Thomas Cook (India) going out to 2027, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 1 warning sign for Thomas Cook (India) that you should be aware of.

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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.