Sensirion Holding AG (VTX:SENS) released its latest interim results last week, so it’s a good time for investors to take a look and see if the company is living up to expectations. Revenues were CHF 128 million and Sensirion Holding beat expectations by a solid 12%. Following the earnings announcement, analysts updated their earnings model. It would be good to know if they think the company’s outlook has changed a lot or if it’s business as usual. Readers will be pleased to know that we’ve rounded up the latest statutory forecasts to see if analysts have changed their minds about Sensirion Holding following the announcement of its latest results.
Check out our latest analysis for Sensirion Holding
Taking into account the latest results, the current consensus of Sensirion Holding’s five analysts is for revenues of CHF 269.6 million in 2024. This would represent a significant 13% increase on revenues over the past 12 months. Loss per share is expected to narrow significantly in the near future, falling 59% to CHF 1.15. However, prior to the release of the latest results, analysts had been forecasting revenues of CHF 263.9 million and a loss of CHF 0.64 per share in 2024. While revenue estimates have increased for this year, there has also been a significant expansion in loss per share expectations, suggesting that consensus has a somewhat mixed view on the stock.
There have been no major changes to the consensus price target of CHF 79.50, with rising revenues seemingly enough to offset concerns about widening losses. It might also be instructive to look at the range of analyst estimates to assess how much the outliers’ opinions deviate from the mean. Currently, the most optimistic analyst values Sensirion Holding at CHF 95.00 per share, while the most pessimistic analyst values it at CHF 68.00. This shows that there is still some divergence in estimates, but analysts do not seem to be completely divided on the stock, as if it could be a make or break situation.
Now looking at the bigger picture, one of the ways we can understand these forecasts is to evaluate them against both past performance and industry growth estimates. Analysts definitely expect Sensirion Holding’s growth to accelerate, with the forecast annual growth of 28% through the end of 2024 comparing well to the historical growth of 7.4% per year over the past five years. In contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow revenues by 10% per year. It seems evident that while the growth outlook is better than in the recent past, analysts also expect Sensirion Holding to grow faster than the industry as a whole.
The conclusion
Most importantly, analysts have raised their loss per share estimates for next year. Encouragingly, they have also raised their revenue estimates, and their forecasts suggest that the company is expected to grow faster than the wider industry. There has been no real change in the consensus price target, suggesting that the intrinsic value of the company has not changed much with the latest estimates.
Continuing with this thought, we believe the company’s long-term prospects are much more relevant than next year’s earnings. At Simply Wall St, we have a full range of analyst estimates for Sensirion Holding out to 2026, and you can see them free on our platform here.
We don’t want to spoil the fun too much, but we also found 1 warning signal for Sensirion Holding that you need to consider.
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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.
