It's been a good week for MatsukiyoCocokara & Co. (TSE:3088) shareholders, because the company has just released its latest quarterly results, and the shares gained 4.1% to JP¥2,516. The result was positive overall - although revenues of JP¥289b were in line with what the analysts predicted, MatsukiyoCocokara surprised by delivering a statutory profit of JP¥37.59 per share, modestly greater than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, the most recent consensus for MatsukiyoCocokara from ten analysts is for revenues of JP¥1.17t in 2027. If met, it would imply an okay 3.3% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 5.0% to JP¥154. Before this earnings report, the analysts had been forecasting revenues of JP¥1.17t and earnings per share (EPS) of JP¥153 in 2027. 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.
View our latest analysis for MatsukiyoCocokara
The analysts reconfirmed their price target of JP¥2,990, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic MatsukiyoCocokara analyst has a price target of JP¥3,500 per share, while the most pessimistic values it at JP¥2,420. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that MatsukiyoCocokara's revenue growth is expected to slow, with the forecast 4.4% annualised growth rate until the end of 2027 being well below the historical 11% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 4.6% annually. So it's pretty clear that, while MatsukiyoCocokara's revenue growth is expected to slow, it's expected to grow roughly in line with the 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. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at JP¥2,990, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on MatsukiyoCocokara. Long-term earnings power is much more important than next year's profits. We have forecasts for MatsukiyoCocokara going out to 2029, and you can see them free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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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.