It's been a good week for Keller Group plc (LON:KLR) shareholders, because the company has just released its latest half-year results, and the shares gained 2.9% to UK£30.80. It was a credible result overall, with revenues of UK£1.6b and statutory earnings per share of UK£1.99 both in line with analyst estimates, showing that Keller Group is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
After the latest results, the seven analysts covering Keller Group are now predicting revenues of UK£3.35b in 2026. If met, this would reflect a modest 3.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to increase 4.4% to UK£2.38. Yet prior to the latest earnings, the analysts had been anticipated revenues of UK£3.34b and earnings per share (EPS) of UK£2.39 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
See our latest analysis for Keller Group
The analysts reconfirmed their price target of UK£32.25, showing that the business is executing well and 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 Keller Group, with the most bullish analyst valuing it at UK£35.50 and the most bearish at UK£28.19 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Keller Group'shistorical trends, as the 6.8% annualised revenue growth to the end of 2026 is roughly in line with the 6.6% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.3% annually. So although Keller Group is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at UK£32.25, with the latest estimates not enough to have an impact on their price targets.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Keller Group analysts - going out to 2028, and you can see them free on our platform here.
Even so, be aware that Keller Group is showing 1 warning sign in our investment analysis , you should know about...
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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.