Leejam Sports Company (TADAWUL:1830) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Leejam Sports Company (TADAWUL:1830) released its annual result to the market. The early response was not positive, with shares down 3.6% to ر.س161 in the past week. Results look mixed - while revenue fell marginally short of analyst estimates at ر.س1.5b, statutory earnings were in line with expectations, at ر.س8.73 per share. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Leejam Sports

Taking into account the latest results, the consensus forecast from Leejam Sports' seven analysts is for revenues of ر.س1.79b in 2025. This reflects a solid 19% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be ر.س8.76, roughly flat on the last 12 months. Before this earnings report, the analysts had been forecasting revenues of ر.س1.81b and earnings per share (EPS) of ر.س8.99 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

It might be a surprise to learn that the consensus price target was broadly unchanged at ر.س208, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Leejam Sports analyst has a price target of ر.س231 per share, while the most pessimistic values it at ر.س157. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Leejam Sports shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Leejam Sports' rate of growth is expected to accelerate meaningfully, with the forecast 19% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 15% 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 12% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Leejam Sports to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Leejam Sports. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ر.س208, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that 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 Leejam Sports going out to 2027, and you can see them free on our platform here..

You still need to take note of risks, for example - Leejam Sports has 2 warning signs we think 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.