Sunteck Realty Limited (NSE:SUNTECK) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 4.1% to hit ₹3.2b. Sunteck Realty reported statutory earnings per share (EPS) ₹3.96, which was a notable 16% above what the analysts had forecast. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the consensus forecast from Sunteck Realty's nine analysts is for revenues of ₹15.9b in 2027. This reflects a sizeable 33% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 66% to ₹25.20. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹14.6b and earnings per share (EPS) of ₹19.04 in 2027. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a considerable lift to earnings per share in particular.
See our latest analysis for Sunteck Realty
Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of ₹476, suggesting that the forecast performance does not have a long term impact on the company's valuation. 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. Currently, the most bullish analyst values Sunteck Realty at ₹561 per share, while the most bearish prices it at ₹380. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Sunteck Realty's rate of growth is expected to accelerate meaningfully, with the forecast 76% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 21% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 24% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Sunteck Realty is expected to grow much faster than its industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Sunteck Realty following these results. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at ₹476, 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 Sunteck Realty analysts - going out to 2029, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Sunteck Realty that you should be aware of.
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