Earnings Release: Here's Why Analysts Cut Their Alliance Aviation Services Limited (ASX:AQZ) Price Target To AU$4.30

Simply Wall St.09-02

Alliance Aviation Services Limited (ASX:AQZ) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to AU$2.89 in the week after its latest annual results. Results overall...

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Results overall...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-release-heres-why-analysts-232419143.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Release: Here's Why Analysts Cut Their Alliance Aviation Services Limited (ASX:AQZ) Price Target To AU$4.30</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings Release: Here's Why Analysts Cut Their Alliance Aviation Services Limited (ASX:AQZ) Price Target To AU$4.30\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-02 07:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/earnings-release-heres-why-analysts-232419143.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alliance Aviation Services Limited (ASX:AQZ) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to AU$2.89 in the week after its latest annual results. Results overall...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-release-heres-why-analysts-232419143.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AQZ.AU","symbol_name":"ALLIANCE AVIATION SERVICES L","start_time":0,"source_url":"https://finance.yahoo.com/news/earnings-release-heres-why-analysts-232419143.html","article_id":"2464028236","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/3YVu3MnOM.XnjAbjzUU8ew--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/531d9f34549afbdebc58bea011122e01"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2464028236","pubTimestamp":1725233059,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"Alliance Aviation Services Limited  shareholders are probably feeling a little disappointed, since its shares fell 3.3% to AU$2.89 in the week after its latest annual results. Results overall were respectable, with statutory earnings of AU$0.38 per share roughly in line with what the analysts had forecast. Revenues of AU$647m came in 2.7% ahead of analyst predictions. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.View our latest analysis for Alliance Aviation Services. ASX:AQZ Earnings and Revenue Growth September 1st 2024. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"AQZ.AU":"ALLIANCE AVIATION SERVICES L"},"translate_title":"财报发布：这就是分析师将Alliance Aviation Services Limited(ASX：AQZ)目标股价下调至4.30澳元的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AQZ.AU":1},"content_text":"Alliance Aviation Services Limited (ASX:AQZ) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to AU$2.89 in the week after its latest annual results. Results overall were respectable, with statutory earnings of AU$0.38 per share roughly in line with what the analysts had forecast. Revenues of AU$647m came in 2.7% ahead of analyst predictions. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. \n View our latest analysis for Alliance Aviation Services \n\n\n\n  ASX:AQZ Earnings and Revenue Growth September 1st 2024\n \n\n After the latest results, the four analysts covering Alliance Aviation Services are now predicting revenues of AU$727.9m in 2025. If met, this would reflect a decent 12% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 8.1% to AU$0.41. Before this earnings report, the analysts had been forecasting revenues of AU$732.9m and earnings per share (EPS) of AU$0.41 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. \n The consensus price target fell 6.6% to AU$4.30, suggesting that the analysts might have been a bit enthusiastic in their previous valuation - or they were expecting the company to provide stronger guidance in the annual results. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Alliance Aviation Services at AU$4.79 per share, while the most bearish prices it at AU$4.10. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects. \n These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Alliance Aviation Services' past performance and to peers in the same industry. We would highlight that Alliance Aviation Services' revenue growth is expected to slow, with the forecast 12% annualised growth rate until the end of 2025 being well below the historical 19% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.1% per year. So it's pretty clear that, while Alliance Aviation Services' revenue growth is expected to slow, it's still expected to grow faster than the industry itself. \nThe Bottom Line \n The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Alliance Aviation Services' future valuation. \n 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 Alliance Aviation Services analysts - going out to 2027, and you can see them free on our platform here. \n Don't forget that there may still be risks. For instance, we've identified   2 warning signs for Alliance Aviation Services  that you should be aware of. \nHave 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.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2464028236"}