The Andersons, Inc. Just Beat EPS By 16%: Here's What Analysts Think Will Happen Next
The Andersons, Inc. Just Beat EPS By 16%: Here's What Analysts Think Will Happen Next
Last week, you might have seen that The Andersons, Inc. (NASDAQ:ANDE) released its yearly result to the market. The early response was not positive, with shares down 4.7% to US$52.04 in the past week. Revenues US$15b disappointed slightly, at6.6% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of US$2.94 coming in 16% above what was anticipated. The analysts 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Andersons after the latest results.
上週,你可能已經看到安德森公司(納斯達克股票代碼:ANDE)向市場發佈了年度業績。早期的反應並不樂觀,過去一週股價下跌4.7%,至52.04美元。150億美元的收入略有失望,比分析師的預測低6.6%。利潤相對亮點,法定每股收益爲2.94美元,比預期高出16%。分析師通常會在每份收益報告中更新他們的預測,我們可以從他們的估計中判斷他們對公司的看法是否發生了變化,或者是否有任何新的問題需要注意。讀者會很高興得知我們已經彙總了最新的法定預測,以了解分析師在最新業績公佈後是否改變了對安德森的看法。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240223/0-be8f8ad72d0a031dfd36b20ebb78daca-0-0a47704beb7b2cccec1855cc08257ac4.png/big)
After the latest results, the consensus from Andersons' three analysts is for revenues of US$13.9b in 2024, which would reflect a perceptible 5.7% decline in revenue compared to the last year of performance. Statutory earnings per share are expected to decline 16% to US$2.55 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$15.4b and earnings per share (EPS) of US$3.89 in 2024. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a pretty serious reduction to earnings per share numbers.
最新業績公佈後,安德森的三位分析師一致認爲,2024年的收入爲139億美元,這將反映出與去年的業績相比,收入將明顯下降5.7%。預計同期法定每股收益將下降16%,至2.55美元。在本業績發佈之前,分析師一直預測2024年的收入爲154億美元,每股收益(EPS)爲3.89美元。在最近的業績公佈後,分析師似乎不那麼樂觀,他們下調了收入預期,並嚴重減少了每股收益數字。
What's most unexpected is that the consensus price target rose 11% to US$68.33, strongly implying the downgrade to forecasts is not expected to be more than a temporary blip. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Andersons, with the most bullish analyst valuing it at US$70.00 and the most bearish at US$65.00 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
最出乎意料的是,共識目標股價上漲了11%,至68.33美元,這強烈意味着預測的下調預計只不過是暫時性的。但是,還有另一種思考價格目標的方法,那就是研究分析師提出的價格目標範圍,因爲範圍廣泛的估計可能表明,對業務可能的結果有不同的看法。對安德森的看法有所不同,最看漲的分析師將其估值爲70.00美元,最看跌的爲每股65.00美元。估計值的狹窄差異可能表明該業務的未來相對容易估值,或者分析師對其前景有強烈的看法。
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 5.7% by the end of 2024. This indicates a significant reduction from annual growth of 26% 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 4.4% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Andersons is expected to lag the wider industry.
現在從大局來看,我們理解這些預測的方法之一是了解它們與過去的業績和行業增長估計相比如何。這些估計表明,收入預計將放緩,預計到2024年底年化下降5.7%。這表明與過去五年26%的年增長率相比大幅下降。相比之下,我們的數據表明,在可預見的將來,預計同一行業的其他公司(有分析師報道)的收入每年將增長4.4%。因此,儘管預計其收入將萎縮,但這種雲並沒有帶來一線希望——預計安德森將落後於整個行業。
The Bottom Line
底線
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
要了解的最重要的一點是,分析師下調了每股收益的預期,這表明公佈這些業績後,市場情緒明顯下降。不幸的是,他們還下調了收入預期,我們的數據顯示,與整個行業相比,表現不佳。即便如此,每股收益對業務的內在價值更爲重要。我們注意到目標股價已上調,這表明分析師認爲該業務的內在價值可能會隨着時間的推移而提高。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Andersons going out to 2025, and you can see them free on our platform here..
考慮到這一點,我們仍然認爲該業務的長期發展軌跡對於投資者來說更爲重要。在Simply Wall St,我們有分析師對安德森到2025年的全方位估計,你可以在我們的平台上免費看到這些估計。
You still need to take note of risks, for example - Andersons has 2 warning signs we think you should be aware of.
例如,您仍然需要注意風險——安德森有兩個警告信號,我們認爲您應該注意。
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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。