Shareholders in HELLENiQ ENERGY Holdings S.A. (ATH:ELPE) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analysts modelling a real improvement in business performance.
Following the upgrade, the latest consensus from HELLENiQ ENERGY Holdings' seven analysts is for revenues of €14b in 2026, which would reflect a satisfactory 5.6% improvement in sales compared to the last 12 months. Statutory earnings per share are anticipated to tumble 27% to €2.51 in the same period. Before this latest update, the analysts had been forecasting revenues of €12b and earnings per share (EPS) of €1.54 in 2026. There has definitely been an improvement in perception recently, with the analysts substantially increasing both their earnings and revenue estimates.
See our latest analysis for HELLENiQ ENERGY Holdings
With these upgrades, we're not surprised to see that the analysts have lifted their price target 13% to €11.83 per share.
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. The analysts are definitely expecting HELLENiQ ENERGY Holdings' growth to accelerate, with the forecast 12% annualised growth to the end of 2026 ranking favourably alongside historical growth of 4.5% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue shrink 1.1% per year. It seems obvious that as part of the brighter growth outlook, HELLENiQ ENERGY Holdings is expected to grow faster than the wider industry.
The Bottom Line
The most important thing to take away from this upgrade is that analysts upgraded their earnings per share estimates for this year, expecting improving business conditions. On the plus side, they also lifted their revenue estimates, and the company is expected to perform better than the wider market. With a serious upgrade to expectations and a rising price target, it might be time to take another look at HELLENiQ ENERGY Holdings.
Analysts are clearly in love with HELLENiQ ENERGY Holdings at the moment, but before diving in - you should be aware that we've identified some warning flags with the business, such as a weak balance sheet. For more information, you can click through to our platform to learn more about this and the 2 other risks we've identified .
You can also see our analysis of HELLENiQ ENERGY Holdings' Board and CEO remuneration and experience, and whether company insiders have been buying stock.
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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.