share_log

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

最新業績:這就是分析師剛剛將全球工業公司(紐約證券交易所代碼:GIC)目標股價上調至48.00美元的原因
Simply Wall St ·  03/03 06:37

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.

上週,你可能已經看到全球工業公司(紐約證券交易所代碼:GIC)向市場發佈了全年業績。早期的反應並不樂觀,過去一週股價下跌5.6%,至42.21美元。業績與預期大致一致,收入爲13億美元,法定每股收益爲1.84美元。對於投資者來說,這是一個重要時刻,因爲他們可以在報告中追蹤公司的業績,看看專家對明年的預測,看看對該業務的預期是否有任何變化。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全球工業的看法。

earnings-and-revenue-growth
NYSE:GIC Earnings and Revenue Growth March 3rd 2024
紐約證券交易所:GIC 收益和收入增長 2024 年 3 月 3 日

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.

考慮到最新結果,全球工業的兩位分析師目前的共識是,2024年的收入爲13.7億美元。這將反映其在過去12個月中收入略有增長7.5%。預計每股法定收益將累積9.3%至2.03美元。在本業績發佈之前,分析師一直預測2024年的收入爲13.3億美元,每股收益(EPS)爲2.05美元。因此,儘管分析師對收入預測略有上調,但最新業績公佈後,市場情緒似乎沒有重大變化。

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.

分析師將目標股價上調了12%,至48.00美元,這可能表明更高的收入是衡量全球工業估值的有力領先指標。

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.

我們可以從大局的角度看待這些估計值的另一種方式,例如預測如何與過去的表現相提並論,以及預測相對於業內其他公司是否或多或少看漲。分析師表示,截至2024年底將帶來更多相同的情況,收入按年計算預計將增長7.5%。這與其在過去五年中6.6%的年增長率一致。相比之下,分析師估計(總計),整個行業的收入每年將增長5.3%。因此,儘管預計全球工業將保持其收入增長率,但其增長速度肯定會超過整個行業。

The Bottom Line

底線

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.

最明顯的結論是,該業務的前景最近沒有重大變化,分析師的收益預測保持穩定,與先前的估計一致。令人高興的是,他們還上調了收入預期,並預測其增長速度將超過整個行業。目標股價也大幅提高,分析師顯然認爲該業務的內在價值正在提高。

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.

根據這一思路,我們認爲該業務的長期前景比明年的收益更爲重要。至少有一位分析師提供了對2025年的預測,可以在我們的平台上免費查看。

However, before you get too enthused, we've discovered 1 warning sign for Global Industrial that you should be aware of.

但是,在你變得過於熱情之前,我們已經發現了全球工業的一個警告信號,你應該注意這一點。

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。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論