Kornit Digital Ltd. (NASDAQ:KRNT) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Kornit Digital Ltd. (NASDAQ:KRNT) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
It's been a pretty great week for Kornit Digital Ltd. (NASDAQ:KRNT) shareholders, with its shares surging 15% to US$16.94 in the week since its latest quarterly results. Revenues of US$49m were in line with expectations, although statutory losses per share were US$0.10, some 20% smaller than was expected. 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.
Kornit Digital股東度過了一個不錯的一週(NASDAQ:KRNT),在最新的季度業績公佈一週後,股票漲了15%至16.94美元。營業收入達到了4900萬美元的預期,每股虧損爲0.10美元,比預期減少20%。這是投資者的重要時期,他們可以跟蹤公司的業績,查看專家對明年的預測,並查看業務預期是否發生了變化。我們收集了最新的法定業績預測,以查看分析師是否在這些結果發佈後更改了其盈利模型。
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Following the recent earnings report, the consensus from five analysts covering Kornit Digital is for revenues of US$201.9m in 2024. This implies a measurable 3.1% decline in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 68% to US$0.33. Before this earnings announcement, the analysts had been modelling revenues of US$205.4m and losses of US$0.35 per share in 2024. So there seems to have been a moderate uplift in analyst sentiment with the latest consensus release, given the upgrade to loss per share forecasts for this year.
在最新的業績公佈後,覆蓋Kornit Digital的五位分析師的共識是,2024年營收將達到2.019億美元。這意味着與過去12個月相比,營業收入將出現明顯的下降,下降3.1%。每股虧損預計很快將大幅減少,縮小68%至0.33美元。在此次業績公告之前,分析師一直在建模2024年的營業收入爲2.054億美元,預計虧損爲每股0.35美元。因此,最新共識發佈似乎提升了分析師對本年度毛損預估的情緒。
The average price target held steady at US$23.20, seeming to indicate that business is performing in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Kornit Digital, with the most bullish analyst valuing it at US$27.00 and the most bearish at US$20.00 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
平均價格目標穩定在23.2美元,似乎表明該業務的表現符合預期。然而,我們也可以從這些數據中得出其他結論,因爲一些投資者在評估分析師的價格目標時還希望考慮估計值的差異。在估值上,對於Kornit Digital存在一些不同的看法,最看好的分析師將其估值爲每股27.00美元,最看淡的爲每股20.00美元。這表明雖然分析師估值存在一些差異,但不像是成功或失敗的情況。
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 6.0% by the end of 2024. This indicates a significant reduction from annual growth of 6.8% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.2% per year. It's pretty clear that Kornit Digital's revenues are expected to perform substantially worse than the wider industry.
從更廣闊的角度來看,我們理解這些預測的一種方式是將其與過去的業績和行業增長預測進行比較。這些預測表明營收表現將放緩,到2024年底預計年化下降6.0%。這表明與過去5年的年平均增長率6.8%相比,Kornit Digital的收入預計將顯著下降。與我們的數據相比,同行業其他公司聚合預計其收入年增長率爲3.2%。很明顯,Kornit Digital的營業收入預計將明顯低於整個行業。
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 obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Kornit Digital's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
顯而易見的結論是,分析師在對明年的預測中並未做出任何更改。幸運的是,分析師還確認了其營收預測,表明其表現符合預期。儘管我們的數據表明Kornit Digital的營業收入預計將低於整個行業,但一致的價格目標沒有發生實質性變化,表明業務的內在價值最近的估計沒有發生重大變化。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Kornit Digital analysts - going out to 2026, and you can see them free on our platform here.
說了這麼多,公司長期的盈利趨勢比明年更重要。我們有多位分析師提供到2026年的估計數據,您可以在這裏免費查看。
Before you take the next step you should know about the 1 warning sign for Kornit Digital that we have uncovered.
在您進行下一步操作之前,您應該知道我們發現的Kornit Digital的1個警告標誌。
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