Yahoo Finance Here's What Analysts Are Forecasting For Invicta Holdings Limited (JSE:IVT) After Its Full-Year Results
As you might know, Invicta Holdings Limited (JSE:IVT) recently reported its full-year numbers. It looks like the results were a bit of a negative overall. While revenues of R8.3b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 3.5% to hit R4.92 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is 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 estimate to see what could be in store for next year.
See our latest analysis for Invicta Holdings
Taking into account the latest results, the most recent consensus for Invicta Holdings from sole analyst is for revenues of R8.88b in 2025. If met, it would imply a reasonable 7.2% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to increase 6.2% to R5.27. Before this earnings report, the analyst had been forecasting revenues of R9.01b and earnings per share (EPS) of R5.10 in 2025. So the consensus seems to have become somewhat more optimistic on Invicta Holdings' earnings potential following these results.
The consensus price target was unchanged at R33.00, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders.
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. For example, we noticed that Invicta Holdings' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 7.2% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 1.4% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 4.5% per year. So it looks like Invicta Holdings is expected to grow faster than its competitors, at least for a while.
The Bottom Line
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Invicta Holdings following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster 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.
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. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Invicta Holdings , and understanding this should be part of your investment process.
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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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
