share_log

US$9.60 - That's What Analysts Think ADTRAN Holdings, Inc. (NASDAQ:ADTN) Is Worth After These Results

US$9.60 - That's What Analysts Think ADTRAN Holdings, Inc. (NASDAQ:ADTN) Is Worth After These Results

9.60美元——这就是分析师认为ADTRAN Holdings, Inc.(纳斯达克股票代码:ADTN)公布这些业绩后的价值
Simply Wall St ·  03/01 14:57

Shareholders might have noticed that ADTRAN Holdings, Inc. (NASDAQ:ADTN) filed its full-year result this time last week. The early response was not positive, with shares down 7.8% to US$5.69 in the past week. It was a pretty bad result overall; while revenues were in line with expectations at US$1.1b, statutory losses exploded to US$3.41 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

股东们可能已经注意到,ADTRAN Holdings, Inc.(纳斯达克股票代码:ADTN)上周这个时候公布了全年业绩。早期的反应并不乐观,过去一周股价下跌7.8%,至5.69美元。总体而言,这是一个相当糟糕的业绩;虽然收入符合预期,为11亿美元,但法定亏损激增至每股3.41美元。根据结果,分析师更新了他们的盈利模式,很高兴知道他们是否认为公司的前景发生了巨大变化,或者业务是否照旧。考虑到这一点,我们收集了最新的法定预测,以了解分析师对明年的预期。

earnings-and-revenue-growth
NasdaqGS:ADTN Earnings and Revenue Growth March 1st 2024
纳斯达克GS:ADTN 收益和收入增长 2024 年 3 月 1 日

Following the recent earnings report, the consensus from five analysts covering ADTRAN Holdings is for revenues of US$1.03b in 2024. This implies a not inconsiderable 9.9% decline in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 85% to US$0.52. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$1.06b and losses of US$0.28 per share in 2024. While this year's revenue estimates dropped there was also a massive increase in loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock.

继最近的财报之后,五位报道ADTRAN Holdings的分析师一致认为,2024年的收入为10.3亿美元。这意味着与过去12个月相比,收入下降了9.9%,这是不容忽视的。预计每股亏损将在不久的将来大幅减少,缩小85%,至0.52美元。然而,在最新财报公布之前,分析师一直预测2024年收入为10.6亿美元,每股亏损0.28美元。尽管今年的收入预期有所下降,但每股亏损的预期也大幅增加,这表明共识对该股的看法好坏参半。

The average price target lifted 11% to US$9.60, clearly signalling that the weaker revenue and EPS outlook are not expected to weigh on the stock over the longer term. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values ADTRAN Holdings at US$14.00 per share, while the most bearish prices it at US$7.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

平均目标股价上调了11%,至9.60美元,这清楚地表明,从长远来看,收入和每股收益前景疲软预计不会对该股造成压力。共识目标股价只是个别分析师目标的平均值,因此——可以很方便地看到基础估计值的范围有多广。目前,最看涨的分析师对ADTRAN Holdings的估值为每股14.00美元,而最看跌的分析师估值为每股7.00美元。这是相当广泛的估计,这表明分析师正在预测该业务的各种可能结果。

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 9.9% annualised decline to the end of 2024. That is a notable change from historical growth of 21% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.6% per year. It's pretty clear that ADTRAN Holdings' revenues are expected to perform substantially worse than the wider industry.

现在从大局来看,我们理解这些预测的方法之一是了解它们与过去的业绩和行业增长估计相比如何。我们要强调的是,收入预计将逆转,预计到2024年底年化下降9.9%。与过去五年21%的历史增长相比,这是一个显著的变化。相比之下,我们的数据表明,预计同一行业的其他公司的收入每年将增长3.6%。很明显,ADTRAN Holdings的收入预计将大大低于整个行业。

The Bottom Line

底线

The most important thing to take away is that the analysts increased their loss per share estimates for next year. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than 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.

要了解的最重要的一点是,分析师提高了明年的每股亏损预期。不利的一面是,他们还下调了收入预期,预测表明他们的表现将比整个行业差。我们注意到目标股价已上调,这表明分析师认为该业务的内在价值可能会随着时间的推移而提高。

With that in mind, we wouldn't be too quick to come to a conclusion on ADTRAN Holdings. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for ADTRAN Holdings going out to 2026, and you can see them free on our platform here..

考虑到这一点,我们不会很快就ADTRAN Holdings得出结论。长期盈利能力比明年的利润重要得多。在Simply Wall St,我们有分析师对截至2026年的ADTRAN Holdings的全方位估计,你可以在我们的平台上免费查看。

Before you take the next step you should know about the 1 warning sign for ADTRAN Holdings that we have uncovered.

在你采取下一步行动之前,你应该了解我们发现的ADTRAN Holdings的1个警告信号。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发