Investors in Hallenstein Glasson Holdings Limited (NZSE:HLG) had a good week, as its shares rose 2.2% to close at NZ$8.95 following the release of its full-year results. Revenues of NZ$471m were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at NZ$0.66, missing estimates by 5.3%. Earnings are an important time for investors, as they can track a company’s performance, look at what the analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company. With this in mind, we’ve gathered the latest statutory forecasts to see what the analysts are expecting for next year.
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Taking into account the latest results, the most recent consensus for Hallenstein Glasson Holdings from twin analysts is for revenues of NZ$500.5m in 2026. If met, it would imply a modest 6.3% increase on its revenue over the past 12 months. Per-share earnings are expected to ascend 19% to NZ$0.79. In the lead-up to this report, the analysts had been modelling revenues of NZ$501.0m and earnings per share (EPS) of NZ$0.77 in 2026. So the consensus seems to have become somewhat more optimistic on Hallenstein Glasson Holdings’ earnings potential following these results.
See our latest analysis for Hallenstein Glasson Holdings
The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 6.7% to NZ$9.95.
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. It’s pretty clear that there is an expectation that Hallenstein Glasson Holdings’ revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 6.3% growth on an annualised basis. This is compared to a historical growth rate of 9.1% over the past five years. Compare this to the 6 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 6.7% per year. Factoring in the forecast slowdown in growth, it looks like Hallenstein Glasson Holdings is forecast to grow at about the same rate as the wider industry.
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 Hallenstein Glasson Holdings following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.