Interpump Group S.p.A. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Interpump Group S.p.A. (BIT:IP) shareholders are probably feeling a little disappointed, since its shares fell 3.9% to €42.02 in the week after its latest third-quarter results. It looks like a credible result overall - although revenues of €499m were what the analysts expected, Interpump Group surprised by delivering a (statutory) profit of €0.51 per share, an impressive 23% above what was forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Interpump Group after the latest results.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

Following the latest results, Interpump Group's seven analysts are now forecasting revenues of €2.18b in 2026. This would be an okay 5.4% improvement in revenue compared to the last 12 months. Per-share earnings are expected to swell 14% to €2.34. Yet prior to the latest earnings, the analysts had been anticipated revenues of €2.16b and earnings per share (EPS) of €2.31 in 2026. 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.

Check out our latest analysis for Interpump Group

The consensus price target rose 7.2% to €49.23despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Interpump Group's earnings by assigning a price premium. 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 Interpump Group, with the most bullish analyst valuing it at €52.50 and the most bearish at €43.10 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Interpump Group is an easy business to forecast or the the analysts are all using similar assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Interpump Group's past performance and to peers in the same industry. We would highlight that Interpump Group's revenue growth is expected to slow, with the forecast 4.3% annualised growth rate until the end of 2026 being well below the historical 9.6% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.4% per year. Factoring in the forecast slowdown in growth, it seems obvious that Interpump Group is also expected to grow slower than other industry participants.

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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

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 Interpump Group going out to 2027, and you can see them free on our platform here..

It might also be worth considering whether Interpump Group's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.