Industry Analysts Just Upgraded Their YAMAMA Cement Company (TADAWUL:3020) Revenue Forecasts By 12%

Shareholders in YAMAMA Cement Company (TADAWUL:3020) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The revenue forecast for this year has experienced a facelift, with the analysts now much more optimistic on its sales pipeline.

Following the upgrade, the most recent consensus for YAMAMA Cement from its four analysts is for revenues of ر.س1.3b in 2025 which, if met, would be a notable 15% increase on its sales over the past 12 months. Statutory earnings per share are presumed to accumulate 6.7% to ر.س2.22. Before this latest update, the analysts had been forecasting revenues of ر.س1.2b and earnings per share (EPS) of ر.س2.10 in 2025. The most recent forecasts are noticeably more optimistic, with a decent improvement in revenue estimates and a lift to earnings per share as well.

View our latest analysis for YAMAMA Cement

Although the analysts have upgraded their earnings estimates, there was no change to the consensus price target of ر.س38.18, suggesting that the forecast performance does not have a long term impact on the company's valuation.

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. The analysts are definitely expecting YAMAMA Cement's growth to accelerate, with the forecast 15% annualised growth to the end of 2025 ranking favourably alongside historical growth of 4.9% per annum 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 6.0% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect YAMAMA Cement to grow faster than the wider industry.

The Bottom Line

The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for this year, expecting improving business conditions. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at YAMAMA Cement.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple YAMAMA Cement analysts - going out to 2027, and you can see them free on our platform here.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.

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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.