Gibraltar Industries, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Gibraltar Industries, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Last week saw the newest first-quarter earnings release from Gibraltar Industries, Inc. (NASDAQ:ROCK), an important milestone in the company's journey to build a stronger business. Revenues were US$293m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$0.81 were also better than expected, beating analyst predictions by 14%. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
上週,直布羅陀工業公司(納斯達克股票代碼:ROCK)發佈了最新的第一季度業績,這是該公司建立更強大業務過程中的一個重要里程碑。儘管法定每股收益(EPS)表現要好得多,但收入爲2.93億美元,大致符合預期。每股收益爲0.81美元,也好於預期,比分析師的預測高出14%。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。根據這些結果,我們收集了最新的法定預測,以了解分析師是否改變了盈利模式。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240504/0-ab324870a2b8dead3a73f000173eda79-0-4987c1eb180d92b3180ab818bed05594.png/big)
Taking into account the latest results, the consensus forecast from Gibraltar Industries' three analysts is for revenues of US$1.43b in 2024. This reflects a credible 4.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 22% to US$4.60. In the lead-up to this report, the analysts had been modelling revenues of US$1.44b and earnings per share (EPS) of US$4.56 in 2024. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
考慮到最新業績,直布羅陀工業的三位分析師的共識預測是,2024年的收入爲14.3億美元。這反映了與過去12個月相比,收入的可信增長了4.1%。預計每股收益將飆升22%,至4.60美元。在本報告發布之前,分析師一直在模擬2024年的收入爲14.4億美元,每股收益(EPS)爲4.56美元。鑑於他們的估計沒有重大變化,共識分析師似乎沒有在這些結果中看到任何會改變他們對業務看法的內容。
With the analysts reconfirming their revenue and earnings forecasts, it's surprising to see that the price target rose 10% to US$93.67. It looks as though they previously had some doubts over whether the business would live up to their expectations. 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. The most optimistic Gibraltar Industries analyst has a price target of US$96.00 per share, while the most pessimistic values it at US$90.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
隨着分析師重新確認收入和收益預測,令人驚訝的是,目標股價上漲了10%,至93.67美元。看來他們此前對企業能否達到他們的期望有些懷疑。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。最樂觀的直布羅陀工業分析師將目標股價定爲每股96.00美元,而最悲觀的分析師則將其估值爲90.00美元。儘管如此,由於估計範圍如此之窄,這表明分析師對他們認爲該公司的價值有了很好的了解。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Gibraltar Industries' past performance and to peers in the same industry. It's pretty clear that there is an expectation that Gibraltar Industries' revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 5.5% growth on an annualised basis. This is compared to a historical growth rate of 9.7% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 5.5% annually. Factoring in the forecast slowdown in growth, it looks like Gibraltar Industries is forecast to grow at about the same rate as the wider industry.
這些估計很有趣,但是在查看預測與直布羅陀工業過去的表現以及與同一行業的同行進行比較時,可以更粗略地描述一些細節。很明顯,預計直布羅陀工業的收入增長將大幅放緩,預計到2024年底的收入按年計算將增長5.5%。相比之下,過去五年的歷史增長率爲9.7%。將其與業內其他有分析師報道的公司並列,預計這些公司的收入(總計)每年將增長5.5%。考慮到預計的增長放緩,預計直布羅陀工業的增長速度將與整個行業大致相同。
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, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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,收入預測沒有實際變化,預計該業務仍將與整個行業保持一致。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。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Gibraltar Industries analysts - 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。多位直布羅陀工業分析師估計,到2025年,你可以在我們的平台上免費查看。
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
需要考慮的另一件事是管理層和董事最近是否在買入或賣出股票。我們在此處概述了過去十二個月在我們的平台上所有公開市場股票交易。
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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.
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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。