Havila Kystruten AS (OB:HKY) Just Reported, And Analysts Assigned A kr1.75 Price Target

Last week, you might have seen that Havila Kystruten AS (OB:HKY) released its quarterly result to the market. The early response was not positive, with shares down 5.8% to kr1.30 in the past week. The result was fairly weak overall, with revenues of kr416m being 8.1% less than what the analysts had been modelling. 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.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

Following the latest results, Havila Kystruten's dual analysts are now forecasting revenues of kr1.75b in 2025. This would be a credible 7.4% improvement in revenue compared to the last 12 months. Losses are expected to hold steady at around kr0.77. Before this earnings announcement, the analysts had been modelling revenues of kr1.81b and losses of kr0.41 per share in 2025. So it's pretty clear the analysts have mixed opinions on Havila Kystruten after this update; revenues were downgraded and per-share losses expected to increase.

View our latest analysis for Havila Kystruten

The consensus price target fell 5.4% to kr1.75, with the analysts clearly concerned about the company following the weaker revenue and earnings outlook.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that Havila Kystruten's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 15% growth on an annualised basis. This is compared to a historical growth rate of 64% over the past three years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.6% per year. So it's pretty clear that, while Havila Kystruten's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Havila Kystruten. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster 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 Havila Kystruten's future valuation.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Havila Kystruten going out as far as 2027, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Havila Kystruten .

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.