Catapult Group International Ltd (ASX:CAT) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$3.25

Simply Wall St.11-16

It's been a pretty great week for Catapult Group International Ltd (ASX:CAT) shareholders, with its shares surging 12% to AU$3.00 in the week since its latest half-year results. Revenue of US$62m came...

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Revenue of US$62m came...</p>\n\n<a href=\"https://finance.yahoo.com/news/catapult-group-international-ltd-asx-214703744.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>Catapult Group International Ltd (ASX:CAT) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$3.25</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\">\nCatapult Group International Ltd (ASX:CAT) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$3.25\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-16 05:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/catapult-group-international-ltd-asx-214703744.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been a pretty great week for Catapult Group International Ltd (ASX:CAT) shareholders, with its shares surging 12% to AU$3.00 in the week since its latest half-year results. Revenue of US$62m came...</p>\n\n<a href=\"https://finance.yahoo.com/news/catapult-group-international-ltd-asx-214703744.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":"CAT.AU","symbol_name":"CATAPULT GROUP INTERNATIONAL","start_time":0,"source_url":"https://finance.yahoo.com/news/catapult-group-international-ltd-asx-214703744.html","article_id":"2483539478","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5ygIe3mPOH0JnEbDLlu8OA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/1dccd8cfa328dc3b8a3f5e9d2445d8e6"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483539478","pubTimestamp":1731707223,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"It's been a pretty great week for Catapult Group International Ltd  shareholders, with its shares surging 12% to AU$3.00 in the week since its latest half-year results. Revenue of US$62m came in 3.0% ahead of expectations, although statutory earnings didn't fare nearly so well, recording a loss of US$0.031, a 19% miss. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Catapult Group International after the latest results.View our latest analysis for Catapult Group International. ASX:CAT Earnings and Revenue Growth November 15th 2024. The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. They also upg","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"CAT.AU":"CATAPULT GROUP INTERNATIONAL","CAT":"卡特彼勒"},"translate_title":"Catapult Group International Ltd(ASX：CAT)上周发布财报，分析师将目标价上调至3.25澳元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAT":1,"CAT.AU":1},"content_text":"It's been a pretty great week for Catapult Group International Ltd (ASX:CAT) shareholders, with its shares surging 12% to AU$3.00 in the week since its latest half-year results. Revenue of US$62m came in 3.0% ahead of expectations, although statutory earnings didn't fare nearly so well, recording a loss of US$0.031, a 19% miss. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Catapult Group International after the latest results. \n View our latest analysis for Catapult Group International \n\n\n\n  ASX:CAT Earnings and Revenue Growth November 15th 2024\n \n\n Following the latest results, Catapult Group International's four analysts are now forecasting revenues of US$115.2m in 2025. This would be an okay 6.6% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 26% to US$0.045. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$112.9m and losses of US$0.046 per share in 2025. It looks like there's been a modest increase in sentiment in the recent updates, with the analysts becoming a bit more optimistic in their predictions for both revenues and losses per share. \n The consensus price target rose 22% to AU$3.25, with the analysts encouraged by the higher revenue and lower forecast losses for next year. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Catapult Group International analyst has a price target of AU$3.50 per share, while the most pessimistic values it at AU$2.91. 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 One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The analysts are definitely expecting Catapult Group International's growth to accelerate, with the forecast 14% annualised growth to the end of 2025 ranking favourably alongside historical growth of 9.8% per annum over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 16% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Catapult Group International is expected to grow at about the same rate as the wider industry. \nThe Bottom Line \n The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. They also upgraded their revenue forecasts, although the latest estimates suggest that Catapult Group International will grow in line with the overall 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. \n With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Catapult Group International going out to 2027, and you can see them free on our platform here. \n You should always think about risks though. Case in point, we've spotted   3 warning signs for Catapult Group International  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. 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