Market forces rained on the parade of Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) shareholders today, when the analysts downgraded their forecasts for this year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative. At US$7.79, shares are up 6.0% in the past 7 days. It will be interesting to see if this downgrade motivates investors to start selling their holdings.
Following the latest downgrade, the current consensus, from the three analysts covering Pangaea Logistics Solutions, is for revenues of US$449m in 2024, which would reflect an uncomfortable 8.4% reduction in Pangaea Logistics Solutions' sales over the past 12 months. Before the latest update, the analysts were foreseeing US$509m of revenue in 2024. The consensus view seems to have become more pessimistic on Pangaea Logistics Solutions, noting the substantial drop in revenue estimates in this update.
NasdaqCM:PANL Earnings and Revenue Growth May 14th 2024
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. These estimates imply that sales are expected to slow, with a forecast annualised revenue decline of 11% by the end of 2024. This indicates a significant reduction from annual growth of 11% over the last five years. Yet aggregate analyst estimates for other companies in the industry suggest that industry revenues are forecast to decline 0.3% per year. The forecasts do look bearish for Pangaea Logistics Solutions, since they're expecting it to shrink faster than the industry.
The Bottom Line
The most important thing to take away is that analysts cut their revenue estimates for this year. They're also forecasting for revenues to shrink at a quicker rate than companies in the wider market. Overall, given the drastic downgrade to this year's forecasts, we'd be feeling a little more wary of Pangaea Logistics Solutions going forwards.
Hungry for more information? At least one of Pangaea Logistics Solutions' three analysts has provided estimates out to 2025, which can be seen for free on our platform here.
Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.
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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.
今天,市場力量給Pangaea Logistics Solutions, Ltd(納斯達克股票代碼:PANL)的股東們帶來了一場大雨,分析師們下調了今年的預測。該報告側重於收入估計,看來該業務的共識已經變得更加保守。股價在過去7天中上漲了6.0%,至7.79美元。看看這次降級是否會激勵投資者開始出售其持有的股份,將會很有趣。
繼最近的降級之後,負責Pangaea Logistics Solutions的三位分析師目前的共識是,2024年的收入爲4.49億美元,這將反映出Pangaea Logistics Solutions在過去12個月中銷售額令人不安地下降了8.4%。在最新更新之前,分析師預計2024年的收入爲5.09億美元。對Pangaea Logistics Solutions的共識似乎變得更加悲觀,指出本次更新中收入估計值大幅下降。
納斯達克公司:PANL 收益和收入增長 2024 年 5 月 14 日
從現在的大局來看,我們可以理解這些預測的方法之一是看看它們如何與過去的業績和行業增長預期相比較。這些估計表明,預計銷售將放緩,預計到2024年底,年化收入將下降11%。這表明與過去五年11%的年增長率相比大幅下降。然而,分析師對該行業其他公司的總體估計表明,該行業收入預計每年將下降0.3%。Pangaea Logistics Solutions的預測確實看跌,因爲他們預計Pangea Logistics Solutions的萎縮速度將快於該行業。
底線
要了解的最重要的一點是,分析師下調了今年的收入預期。他們還預測,收入的萎縮速度將比整個市場中的公司更快。總體而言,鑑於今年的預測大幅下調,我們將對Pangaea Logistics Solutions的未來更加警惕。
渴望獲得更多信息?Pangaea Logistics Solutions的三位分析師中至少有一位提供了到2025年的估計,可以在我們的平台上免費查看。
當然,看到公司管理層將大量資金投資於股票與了解分析師是否在下調預期一樣有用。因此,您可能還希望搜索這份內部人士正在購買的免費股票清單。
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。