News

Published on 1 May 2024 on Simply Wall St. via Yahoo Finance

Need To Know: Analysts Are Much More Bullish On Vonovia SE (ETR:VNA) Revenues


Article preview image

Vonovia SE (ETR:VNA) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. The market seems to be pricing in some improvement in the business too, with the stock up 5.4% over the past week, closing at €27.18. It will be interesting to see if this latest upgrade is enough to kickstart further buying interest in the stock.

Following the latest upgrade, the seven analysts covering Vonovia provided consensus estimates of €3.7b revenue in 2024, which would reflect a disturbing 40% decline on its sales over the past 12 months. Losses are predicted to fall substantially, shrinking 56% to €2.10 per share. However, before this estimates update, the consensus had been expecting revenues of €3.3b and €1.75 per share in losses. Ergo, there's been a clear change in sentiment, with the analysts lifting this year's revenue estimates, while at the same time increasing their loss per share forecasts to reflect the cost of achieving this growth.

XETRA.VNA price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Why Vonovia SE (ETR:VNA) Could Be Worth Watching

Vonovia SE (ETR:VNA) received a lot of attention from a substantial price movement on the XTRA ov...

Simply Wall St. · via Yahoo Finance 25 Dec 2024

Vonovia (ETR:VNA) shareholders are up 4.5% this past week, but still in the red...

In order to justify the effort of selecting individual stocks, it's worth striving to beat the...

Simply Wall St. · via Yahoo Finance 27 Nov 2024

Vonovia SE (VONOY): Among UBS’ Top Tech Based Disruptive Stocks For 2030

We recently compiled a list of the UBS’ Top Tech Based Disruptive Stocks For 2030: Top 29 Stocks....

Insider Monkey · via Yahoo Finance 30 Oct 2024

Vonovia's (ETR:VNA) growing losses don't faze investors as the stock lifts 3.0%...

If you want to compound wealth in the stock market, you can do so by buying an index fund. But...

Simply Wall St. · via Yahoo Finance 24 May 2024

Need To Know: Analysts Are Much More Bullish On Vonovia SE (ETR:VNA) Revenues

Vonovia SE (ETR:VNA) shareholders will have a reason to smile today, with the analysts making sub...

Simply Wall St. via Yahoo Finance 1 May 2024

Institutional investors have a lot riding on Vonovia SE (ETR:VNA) with 55% ownership

Key Insights Significantly high institutional ownership implies Vonovia's stock price is sensitiv...

Simply Wall St. via Yahoo Finance 25 Apr 2024

Vonovia SE (ETR:VNA) Shares Could Be 38% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vonovia fair value estimate is €42.35Cur...

Simply Wall St. via Yahoo Finance 5 Mar 2024

What Is Vonovia SE's (ETR:VNA) Share Price Doing?

Vonovia SE (ETR:VNA) led the XTRA gainers with a relatively large price hike in the past couple o...

Simply Wall St. via Yahoo Finance 9 Feb 2024

Vonovia (ETR:VNA) investors are sitting on a loss of 42% if they invested three years ago

Vonovia SE (ETR:VNA) shareholders will doubtless be very grateful to see the share price up 32% i...

Simply Wall St. via Yahoo Finance 28 Dec 2023

A Look At The Intrinsic Value Of Vonovia SE (ETR:VNA)

Key Insights Vonovia's estimated fair value is €22.22 based on 2 Stage Free Cash Flow to EquityCu...

Simply Wall St. via Yahoo Finance 24 Sep 2023