Here's What Analysts Are Forecasting For ProFrac Holding Corp. (NASDAQ:ACDC) After Its Annual Results
Here's What Analysts Are Forecasting For ProFrac Holding Corp. (NASDAQ:ACDC) After Its Annual Results
It's been a good week for ProFrac Holding Corp. (NASDAQ:ACDC) shareholders, because the company has just released its latest yearly results, and the shares gained 3.7% to US$8.22. Revenues were US$2.6b, with ProFrac Holding reporting some 3.6% below analyst expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
对于ProFrac Holding Corp.(纳斯达克股票代码:ACDC)的股东来说,这是美好的一周,因为该公司刚刚发布了最新的年度业绩,股价上涨了3.7%,至8.22美元。收入为26亿美元,ProFrac Holding报告称,比分析师的预期低约3.6%。对于投资者来说,盈利是一个重要时刻,因为他们可以追踪公司的业绩,查看分析师对明年的预测,看看对公司的情绪是否发生了变化。因此,我们收集了最新的财报后法定共识估计,以了解明年可能会发生什么。
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Taking into account the latest results, ProFrac Holding's five analysts currently expect revenues in 2024 to be US$2.66b, approximately in line with the last 12 months. ProFrac Holding is also expected to turn profitable, with statutory earnings of US$0.73 per share. In the lead-up to this report, the analysts had been modelling revenues of US$2.67b and earnings per share (EPS) of US$1.01 in 2024. So there's definitely been a decline in sentiment after the latest results, noting the pretty serious reduction to new EPS forecasts.
考虑到最新业绩,ProFrac Holding的五位分析师目前预计2024年的收入为26.6亿美元,与过去12个月大致持平。预计ProFrac Holding也将实现盈利,法定每股收益为0.73美元。在本报告发布之前,分析师一直在模拟2024年的收入为26.7亿美元,每股收益(EPS)为1.01美元。因此,在最新业绩公布后,市场情绪肯定有所下降,因为新的每股收益预测已大幅下调。
It might be a surprise to learn that the consensus price target was broadly unchanged at US$11.08, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on ProFrac Holding, with the most bullish analyst valuing it at US$15.00 and the most bearish at US$8.50 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await ProFrac Holding shareholders.
得知共识目标股价基本保持不变,为11.08美元,可能会令人惊讶,分析师明确表示,预期的收益下降预计不会对估值产生太大影响。共识目标股价只是个别分析师目标的平均值,因此——可以很方便地看到基础估计值的范围有多广。对ProFrac Holding的看法有所不同,最看涨的分析师将其估值为15.00美元,最看跌的为每股8.50美元。分析师对该业务的看法肯定各不相同,但我们认为,估计的分歧还不够广泛,不足以表明ProFrac Holding股东可能会有极端的结果。
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that ProFrac Holding's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 1.3% growth on an annualised basis. This is compared to a historical growth rate of 55% over the past three years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.7% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than ProFrac Holding.
了解这些预测的更多背景信息的一种方法是研究它们与过去的业绩相比如何,以及同一行业中其他公司的表现。很明显,预计ProFrac Holding的收入增长将大幅放缓,预计到2024年底的收入按年计算将增长1.3%。相比之下,过去三年的历史增长率为55%。相比之下,该行业的其他公司(根据分析师的预测),后者的总体收入预计每年将增长7.7%。因此,很明显,尽管收入增长预计将放缓,但整个行业的增长速度预计也将超过ProFrac Holding。
The Bottom Line
底线
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will 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.
要记住的最重要的一点是,分析师下调了每股收益的预期,这表明业绩公布后,市场情绪明显下降。从好的方面来看,收入估计没有重大变化;尽管预测表明收入的表现将比整个行业差。共识目标股价没有实际变化,这表明根据最新估计,该业务的内在价值没有发生任何重大变化。
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. We have forecasts for ProFrac Holding going out to 2026, and you can see them free on our platform here.
根据这种思路,我们认为该业务的长期前景比明年的收益重要得多。我们对ProFrac Holding的预测将持续到2026年,你可以在我们的平台上免费查看。
However, before you get too enthused, we've discovered 1 warning sign for ProFrac Holding that you should be aware of.
但是,在你变得过于热情之前,我们已经发现了ProFrac Holding的1个警告信号,你应该注意这一点。
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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。