Analysts Have Been Trimming Their TrustCo Bank Corp NY (NASDAQ:TRST) Price Target After Its Latest Report
Analysts Have Been Trimming Their TrustCo Bank Corp NY (NASDAQ:TRST) Price Target After Its Latest Report
Last week, you might have seen that TrustCo Bank Corp NY (NASDAQ:TRST) released its third-quarter result to the market. The early response was not positive, with shares down 4.3% to US$25.49 in the past week. TrustCo Bank Corp NY reported in line with analyst predictions, delivering revenues of US$47m and statutory earnings per share of US$0.77, suggesting the business is executing well and in line with its plan. The analyst typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.
上周,你可能已经看到了信托银行纽约公司 (纳斯达克股票代码:TRST)向市场发布了第三季度业绩。早期的反应并不积极,过去一周股价下跌4.3%至25.49美元。 纽约信托银行(TrustCo Bank Corp NY)的报告与分析师的预测一致,收入为4700万美元,每股法定收益为0.77美元,表明该业务执行良好,符合其计划。 分析师通常会在每次发布收益报告时更新他们的预测,我们可以从他们的预测中判断他们对公司的看法是否发生了变化,或者是否有任何新的担忧需要注意。 考虑到这一点,我们收集了最新的法定预测,以了解分析师对明年的预期。
See our latest analysis for TrustCo Bank Corp NY
请参阅我们对TrustCo Bank Corp NY的最新分析
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Taking into account the latest results, the current consensus, from the lone analyst covering TrustCo Bank Corp NY, is for revenues of US$189.3m in 2024. This implies a small 5.9% reduction in TrustCo Bank Corp NY's revenue over the past 12 months. Statutory earnings per share are forecast to plunge 21% to US$2.89 in the same period. Yet prior to the latest earnings, the analyst had been anticipated revenues of US$189.8m and earnings per share (EPS) of US$2.86 in 2024. So it's pretty clear that, although the analyst has updated their estimates, there's been no major change in expectations for the business following the latest results.
考虑到最新的结果,目前的共识,从唯一的分析师涵盖信托银行公司纽约,是收入1.893亿美元,在2024年。这意味着纽约信托银行(TrustCo Bank Corp NY)过去12个月的收入小幅减少了5.9%。 同期每股收益预计将下降21%,至2.89美元。 然而,在最新收益之前,分析师预计2024年的收入为1.898亿美元,每股收益(EPS)为2.86美元。 因此,很明显,尽管分析师已经更新了他们的估计,但在最新结果之后,对业务的预期没有重大变化。
The consensus price target fell 7.1% to US$26.00, suggesting that the analyst might have been a bit enthusiastic in their previous valuation - or they were expecting the company to provide stronger guidance in the quarterly results.
共识目标价下跌7.1%至26.00美元,这表明分析师可能对之前的估值有点热情,或者他们预计该公司将在季度业绩中提供更强有力的指导。
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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 4.7% by the end of 2024. This indicates a significant reduction from annual growth of 3.4% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 4.3% annually for the foreseeable future. It's pretty clear that TrustCo Bank Corp NY's revenues are expected to perform substantially worse than the wider industry.
了解这些预测的更多背景的一种方法是,将它们与过去的业绩以及同一行业的其他公司的业绩进行比较。 这些估计意味着收入预计将放缓,到2024年底预计年化下降4.7%。这表明,与过去五年3.4%的年增长率相比,增长率大幅下降。 相比之下,我们的数据表明,在可预见的未来,同一行业的其他公司(包括分析师)的收入预计将每年增长4.3%。 很明显,纽约信托银行(TrustCo Bank Corp NY)的收入预计将远逊于整个行业。
The Bottom Line
底线
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analyst holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analyst also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that TrustCo Bank Corp NY's revenue is expected to perform worse than the wider industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of TrustCo Bank Corp NY's future valuation.
最明显的结论是,最近一段时间该业务的前景没有发生重大变化,分析师保持他们的盈利预测稳定,与之前的估计一致。 幸运的是,这位分析师还再次确认了他们的收入预期,这表明它的跟踪符合预期。虽然我们的数据确实表明,纽约信托银行的收入预计将表现不如更广泛的行业。 市场一致的目标价大幅下跌,分析师似乎对最新业绩不放心,导致对纽约信托银行未来估值的估计下调。
With that in mind, we wouldn't be too quick to come to a conclusion on TrustCo Bank Corp NY. Long-term earnings power is much more important than next year's profits. We have analyst estimates for TrustCo Bank Corp NY going out as far as 2025, and you can see them free on our platform here.
考虑到这一点,我们不会太快得出结论,信托银行公司纽约。长期盈利能力比明年的利润重要得多。 我们有分析师对纽约信托银行(TrustCo Bank Corp NY)到2025年的预测,您可以在我们的平台上免费查看。
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with TrustCo Bank Corp NY , and understanding this should be part of your investment process.
话虽如此,但仍有必要考虑投资风险的幽灵无处不在。我们已经确定了1个警告信号 与纽约信托银行合作,了解这一点应该是您投资过程的一部分。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。