Earnings Update: UniQure N.V. (NASDAQ:QURE) Just Reported And Analysts Are Trimming Their Forecasts
Earnings Update: UniQure N.V. (NASDAQ:QURE) Just Reported And Analysts Are Trimming Their Forecasts
It's been a mediocre week for uniQure N.V. (NASDAQ:QURE) shareholders, with the stock dropping 12% to US$5.59 in the week since its latest full-year results. Revenues were a bright spot, with US$16m in revenue arriving 4.8% ahead of expectations, although statutory earnings didn't fare nearly so well, recording a loss of US$6.59, some 3.1% below consensus predictions. 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 thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
对于UniQure N.V.(纳斯达克股票代码:QURE)的股东来说,这是平庸的一周,自公布最新的全年业绩以来,该股本周下跌了12%,至5.59美元。收入是一个亮点,1600万美元的收入比预期高出4.8%,尽管法定收益表现不佳,亏损6.59美元,比市场普遍预期低约3.1%。对于投资者来说,这是一个重要时刻,因为他们可以在报告中追踪公司的业绩,看看专家对明年的预测,看看对该业务的预期是否有任何变化。我们认为,读者会发现分析师对明年最新(法定)财报后的预测很有趣。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240303/0-b6b8cba8f65029c5952dc62205286541-0-b9ef15b0fa0a3046b63de58364622b4b.png/big)
After the latest results, the 14 analysts covering uniQure are now predicting revenues of US$58.0m in 2024. If met, this would reflect a substantial 266% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 33% to US$4.31. Before this latest report, the consensus had been expecting revenues of US$64.3m and US$4.04 per share in losses. Overall it looks as though the analysts are negative in this update. Although revenue forecasts held steady, the consensus also made a moderate increase in to its losses per share forecasts.
根据最新业绩,负责Uniqure的14位分析师现在预测2024年的收入为5,800万美元。如果得到满足,这将反映出收入与过去12个月相比大幅增长了266%。预计每股亏损将在不久的将来大幅减少,缩小33%,至4.31美元。在这份最新报告之前,共识一直预计收入为6,430万美元,每股亏损4.04美元。总体而言,分析师似乎对本次更新持负面看法。尽管收入预测保持稳定,但共识也略微提高了每股亏损的预期。
The consensus price target fell 25% to US$22.62, with the analysts clearly concerned about the company following the weaker revenue and earnings outlook. 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. The most optimistic uniQure analyst has a price target of US$37.48 per share, while the most pessimistic values it at US$7.01. With such a wide range in price targets, analysts are almost certainly betting on widely divergent outcomes in the underlying business. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.
共识目标股价下跌25%,至22.62美元,在收入和盈利前景疲软之后,分析师显然对该公司感到担忧。但是,这并不是我们可以从这些数据中得出的唯一结论,因为一些投资者在评估分析师目标股价时也喜欢考虑估计值的差异。最乐观的UniQure分析师将目标股价定为每股37.48美元,而最悲观的分析师则将其估值为7.01美元。由于目标股价范围如此之广,几乎可以肯定,分析师押注基础业务的业绩差异很大。因此,根据共识目标股价做出决策可能不是一个好主意,毕竟共识目标价只是如此广泛的估计值的平均值。
Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting uniQure's growth to accelerate, with the forecast 266% annualised growth to the end of 2024 ranking favourably alongside historical growth of 26% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 18% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect uniQure to grow faster than the wider industry.
当然,看待这些预测的另一种方法是将它们与行业本身联系起来。分析师们无疑预计UniQure的增长将加速,预计到2024年底的年化增长率为266%,而过去五年的历史年增长率为26%。相比之下,我们的数据表明,预计类似行业的其他公司(有分析师报道)的收入将以每年18%的速度增长。显而易见,尽管增长前景比最近更加光明,但分析师也预计 Uniqure 的增长速度将超过整个行业。
The Bottom Line
底线
The most important thing to take away is that the analysts increased their loss per share estimates for next year. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of uniQure's future valuation.
要了解的最重要的一点是,分析师提高了明年的每股亏损预期。遗憾的是,他们还下调了收入预期,但最新的预测仍然表明该业务的增长速度将快于整个行业。共识目标股价大幅下降,分析师似乎没有对最新结果感到放心,这导致对Uniqure未来估值的估计降低。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for uniQure going out to 2026, and you can see them free on our platform here..
话虽如此,公司收益的长期轨迹比明年重要得多。在Simply Wall St,我们有分析师对UniQure到2026年的全方位估计,你可以在我们的平台上免费查看。
Before you take the next step you should know about the 2 warning signs for uniQure that we have uncovered.
在你采取下一步行动之前,你应该了解我们发现的Uniqure的两个警告信号。
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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。