Earnings Update: Here's Why Analysts Just Lifted Their Global Industrial Company (NYSE:GIC) Price Target To US$48.00
Earnings Update: Here's Why Analysts Just Lifted Their Global Industrial Company (NYSE:GIC) Price Target To US$48.00
Last week, you might have seen that Global Industrial Company (NYSE:GIC) released its full-year result to the market. The early response was not positive, with shares down 5.6% to US$42.21 in the past week. Results were roughly in line with estimates, with revenues of US$1.3b and statutory earnings per share of US$1.84. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Global Industrial after the latest results.
上周,你可能已经看到全球工业公司(纽约证券交易所代码:GIC)向市场发布了全年业绩。早期的反应并不乐观,过去一周股价下跌5.6%,至42.21美元。业绩与预期大致一致,收入为13亿美元,法定每股收益为1.84美元。对于投资者来说,这是一个重要时刻,因为他们可以在报告中追踪公司的业绩,看看专家对明年的预测,看看对该业务的预期是否有任何变化。读者会很高兴得知我们已经汇总了最新的法定预测,以了解分析师在最新业绩公布后是否改变了对全球工业的看法。
Taking into account the latest results, the current consensus from Global Industrial's two analysts is for revenues of US$1.37b in 2024. This would reflect a modest 7.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 9.3% to US$2.03. Before this earnings report, the analysts had been forecasting revenues of US$1.33b and earnings per share (EPS) of US$2.05 in 2024. So it looks like there's been no major change in sentiment following the latest results, although the analysts have made a slight bump in to revenue forecasts.
考虑到最新结果,全球工业的两位分析师目前的共识是,2024年的收入为13.7亿美元。这将反映其在过去12个月中收入略有增长7.5%。预计每股法定收益将累积9.3%至2.03美元。在本财报发布之前,分析师一直预测2024年的收入为13.3亿美元,每股收益(EPS)为2.05美元。因此,尽管分析师对收入预测略有上调,但最新业绩公布后,市场情绪似乎没有重大变化。
The analysts increased their price target 12% to US$48.00, perhaps signalling that higher revenues are a strong leading indicator for Global Industrial's valuation.
分析师将目标股价上调了12%,至48.00美元,这可能表明更高的收入是衡量全球工业估值的有力领先指标。
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The period to the end of 2024 brings more of the same, according to the analysts, with revenue forecast to display 7.5% growth on an annualised basis. That is in line with its 6.6% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.3% annually. So although Global Industrial is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
我们可以从大局的角度看待这些估计值的另一种方式,例如预测如何与过去的表现相提并论,以及预测相对于业内其他公司是否或多或少看涨。分析师表示,截至2024年底将带来更多相同的情况,收入按年计算预计将增长7.5%。这与其在过去五年中6.6%的年增长率一致。相比之下,分析师估计(总计),整个行业的收入每年将增长5.3%。因此,尽管预计全球工业将保持其收入增长率,但其增长速度肯定会超过整个行业。
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 analysts holding their earnings forecasts steady, in line with previous estimates. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
最明显的结论是,该业务的前景最近没有重大变化,分析师的收益预测保持稳定,与先前的估计一致。令人高兴的是,他们还上调了收入预期,并预测其增长速度将超过整个行业。目标股价也大幅提高,分析师显然认为该业务的内在价值正在提高。
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 least one analyst has provided forecasts out to 2025, which can be seen for free on our platform here.
根据这一思路,我们认为该业务的长期前景比明年的收益更为重要。至少有一位分析师提供了对2025年的预测,可以在我们的平台上免费查看。
However, before you get too enthused, we've discovered 1 warning sign for Global Industrial that you should be aware of.
但是,在你变得过于热情之前,我们已经发现了全球工业的一个警告信号,你应该注意这一点。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。