Rusta AB (publ) (STO:RUSTA) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Rusta AB (publ) (STO:RUSTA) shareholders are probably feeling a little disappointed, since its shares fell 5.8% to kr73.10 in the week after its latest quarterly results. Results were roughly in line with estimates, with revenues of kr3.5b and statutory earnings per share of kr2.70. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Rusta after the latest results.

View our latest analysis for Rusta

Taking into account the latest results, the most recent consensus for Rusta from three analysts is for revenues of kr12.9b in 2026. If met, it would imply a solid 12% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 51% to kr4.46. Before this earnings report, the analysts had been forecasting revenues of kr13.1b and earnings per share (EPS) of kr4.48 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of kr86.00, suggesting that the company has met expectations in its recent result. 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 Rusta, with the most bullish analyst valuing it at kr95.00 and the most bearish at kr75.00 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Rusta is an easy business to forecast or the the analysts are all using similar assumptions.

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 Rusta's growth to accelerate, with the forecast 9.4% annualised growth to the end of 2026 ranking favourably alongside historical growth of 6.9% per annum over the past three years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 11% per year. Rusta is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

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. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at kr86.00, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Rusta going out to 2027, and you can see them free on our platform here..

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

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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.