Analysts Have Been Trimming Their Amarin Corporation Plc (NASDAQ:AMRN) Price Target After Its Latest Report
Analysts Have Been Trimming Their Amarin Corporation Plc (NASDAQ:AMRN) Price Target After Its Latest Report
Shareholders in Amarin Corporation plc (NASDAQ:AMRN) had a terrible week, as shares crashed 21% to US$0.62 in the week since its latest second-quarter results. Revenues beat expectations, coming in 32% ahead of forecasts, and the company broke even on a statutory earnings per share (EPS) level. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
阿瑪琳公司(NASDAQ:AMRN)的股東度過了糟糕的一週,股價在最新的第二季度業績公佈後一週下跌了21%,至0.62美元。雖然營業收入超出預期,高出預測32%,公司在每股收益的水平上保持了平衡。在公佈業績後,分析師們更新了收益模型,了解他們是否認爲公司前景發生了重大變化,或者是否仍是跟以往一樣業務穩定。因此,我們收集了最新的盈利後統計共識預測,以了解明年可能會發生什麼。
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Following the recent earnings report, the consensus from four analysts covering Amarin is for revenues of US$203.0m in 2024. This implies a stressful 23% decline in revenue compared to the last 12 months. Per-share losses are expected to explode, reaching US$0.18 per share. Before this earnings announcement, the analysts had been modelling revenues of US$207.4m and losses of US$0.16 per share in 2024. So it's pretty clear consensus is more negative on Amarin after the new consensus numbers; while the analysts trimmed their revenue estimates, they also administered a modest increase to per-share loss expectations.
在最近的盈利報告後,覆蓋阿瑪琳公司的四位分析師的共識預測是,2024年營業收入將達到2.03億美元。這意味着營業收入與過去12個月相比將下降23%。預計每股虧損將飆升,達到0.18美元。在此次盈利公告之前,分析師們曾預測2024年營業收入爲2.074億美元,每股虧損爲0.16美元。因此,共識更加看空阿瑪琳公司,雖然分析師們削減了營收預測,但也將每股虧損的預期略微提高了。
The average price target fell 59% to US$1.00, implicitly signalling that lower earnings per share are a leading indicator for Amarin's valuation.
平均價格目標下跌了59%,暗示每股收益下降是阿瑪琳估值的領先指標。
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. One more thing stood out to us about these estimates, and it's the idea that Amarin's decline is expected to accelerate, with revenues forecast to fall at an annualised rate of 41% to the end of 2024. This tops off a historical decline of 8.9% a year 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 revenue grow 18% per year. So while a broad number of companies are forecast to grow, unfortunately Amarin is expected to see its revenue affected worse than other companies in the industry.
我們可以通過將這些預測與歷史表現以及其他行業公司的相對看法進行比較來查看這些預測的背景。其中一個獨特的方面是,阿瑪琳公司的下滑預計將加速,營業收入預計將以年化速度下降41%,直至2024年底。這是過去五年每年平均下降8.9%的歷史性下降。相比之下,我們的數據顯示,其他同行業的公司(受到分析師覆蓋)預計將每年增長18%。因此,雖然預計許多公司將實現增長,但不幸的是,阿瑪琳公司的營業收入預期將受到比同行業其他公司更嚴重的影響。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The most important thing to take away is that the analysts increased their loss per share estimates for next year. 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. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
最重要的是,分析師們提高了明年的每股虧損預期。不幸的是,他們也下調了營業收入預期,我們的數據表明,阿瑪琳公司的表現與更廣泛的行業相比表現不佳。即便如此,每股收益對於業務的內在價值更爲重要。此外,分析師們也下調了價格目標,這表明最新消息導致業務內在價值的悲觀情緒加劇。
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 forecasts for Amarin going out to 2026, and you can see them free on our platform here.
需要記住的是,投資者考慮的更重要的是業務的長期軌跡。我們對阿瑪琳公司的預測到2026年,您可以在我們的平台上免費查看。
Even so, be aware that Amarin is showing 4 warning signs in our investment analysis , and 1 of those is a bit unpleasant...
即使如此,請注意,在我們的投資分析中,阿瑪琳公司有4個預警信號,其中1個信號有點令人不快......
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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。