Analyst Forecasts Just Became More Bearish On Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577)
Analyst Forecasts Just Became More Bearish On Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577)
Today is shaping up negative for Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.
今天,铜陵精达特种电磁线有限公司(SHSE: 600577)的股东为负数,分析师对今年的预测进行了大幅的负面修正。该报告侧重于收入估计,看来该业务的共识已经变得更加保守。
Following the downgrade, the current consensus from Tongling Jingda Special Magnet Wire's three analysts is for revenues of CN¥20b in 2024 which - if met - would reflect a solid 9.2% increase on its sales over the past 12 months. Per-share earnings are expected to soar 27% to CN¥0.26. Prior to this update, the analysts had been forecasting revenues of CN¥22b and earnings per share (EPS) of CN¥0.27 in 2024. Indeed, we can see that analyst sentiment has declined measurably after the new consensus came out, with a measurable cut to revenue estimates and a minor downgrade to EPS estimates to boot.
降级之后,铜陵精达特种电磁线的三位分析师目前的共识是,2024年的收入为200亿元人民币,如果达到,这将反映出其在过去12个月中销售额稳步增长9.2%。每股收益预计将飙升27%,至0.26元人民币。在本次更新之前,分析师一直预测2024年的收入为220亿元人民币,每股收益(EPS)为0.27元人民币。事实上,我们可以看到,在新的共识出台后,分析师的情绪已明显下降,收入预期大幅下调,每股收益预期也略有下调。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240502/0-6251d42489d29b219e348bb086c45f6b-0-61e81c110d9c0c9440abc7b6689c1286.png/big)
What's most unexpected is that the consensus price target rose 11% to CN¥4.87, strongly implying the downgrade to forecasts is not expected to be more than a temporary blip.
最出乎意料的是,共识目标股价上涨了11%,至4.87元人民币,这强烈意味着预测的下调预计只不过是暂时性的。
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. We can infer from the latest estimates that forecasts expect a continuation of Tongling Jingda Special Magnet Wire'shistorical trends, as the 12% annualised revenue growth to the end of 2024 is roughly in line with the 11% annual revenue growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 18% per year. So it's pretty clear that Tongling Jingda Special Magnet Wire is expected to grow slower than similar companies in the same 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。我们可以从最新估计中推断,预测预计铜陵精达特种电磁线的历史趋势将延续,因为到2024年底的12%的年化收入增长与过去五年11%的年收入增长大致一致。相比之下,我们的数据表明,预计类似行业的其他公司(有分析师报道)的收入每年将增长18%。因此,很明显,铜陵精达特种电磁线的增长速度预计将低于同行业的同类公司。
The Bottom Line
底线
The biggest issue in the new estimates is that analysts have reduced their earnings per share estimates, suggesting business headwinds lay ahead for Tongling Jingda Special Magnet Wire. Regrettably, they also downgraded their revenue estimates, and the latest forecasts imply the business will grow sales slower than the wider market. There was also a nice increase in the price target, with analysts apparently feeling that the intrinsic value of the business is improving. Overall, given the drastic downgrade to this year's forecasts, we'd be feeling a little more wary of Tongling Jingda Special Magnet Wire going forwards.
新估值中最大的问题是,分析师下调了每股收益预期,这表明铜陵精达特种电磁线面临业务不利因素。遗憾的是,他们还下调了收入预期,最新的预测表明该业务的销售增长将慢于整个市场。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。总体而言,鉴于今年的预测大幅下调,我们将对铜陵精达特种电磁线的未来更加警惕。
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 Tongling Jingda Special Magnet Wire going out to 2025, and you can see them free on our platform here.
话虽如此,公司收益的长期轨迹比明年重要得多。在Simply Wall St,我们有分析师对2025年铜陵精达特种电磁线的全方位估计,你可以在我们的平台上免费看到这些估计。
Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.
当然,看到公司管理层将大量资金投资于股票与了解分析师是否在下调预期一样有用。因此,您可能还希望搜索这份内部人士正在购买的免费股票清单。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
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。