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Sixt:Quarterly Results/2023 Q3: Difference between revisions
Sixt:Quarterly Results/2023 Q3 (view source)
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Return to: [[Earnings Season:2023 Q3]] | [[Sixt:Quarterly Results]] | Return to: [[Earnings Season:2023 Q3]] | [[Sixt:Quarterly Results]] | ||
== Management Guidance and Analysts Estimate == | |||
== Analysts Opinions == | == Analysts Opinions == | ||
==== Q3 2023 results ==== | ==== Q3 2023 and full results ==== | ||
* Baader Bank analyst Christian Obst expects (Oct.24) Sixt to boast third-quarter results that meet forecasts and to maintain to confirm its outlook. However, he lowered his estimates for operating profit since he expects fleet growth to be impacted by high interest rates<ref>https://www.finanzen.at/analyse/sixt-se-st-buy-916132</ref>. | |||
* DZ Bank analyst Dirk Schlamp expects (Oct.19) Sixt to post solid third-quarter results. However, he lowered his estimates in the backdrop of continued subdued consumer confidence and the weakening geopolitical situation<ref name=":0">https://www.finanzen.at/analyse/sixt-se-st-kaufen-915360</ref>. | |||
==== Customer satisfaction ==== | ==== Customer satisfaction ==== | ||
=== Rating and Price Target === | * Berenberg analyst Yasmin Steile said (Nov.3) she doesn't see press report about dissatisfied US customers as a sign that Sixt growth strategy in U.S has failed, but will monitor the development closely<ref name=":1">https://www.finanzen.net/analyse/sixt_se_st_buy-joh_berenberg_gossler__co_kg_berenberg_bank__918664</ref>. | ||
==== Competition from Europcar ==== | |||
* Hauck Aufhäuser analyst Nicole Winkler doesn't see (Sept. 21) Europcar's expansion to U.S as a serious threat to Sixt<ref>https://www.finanzen.ch/analyse/sixt-se-vz-buy-910830</ref>. | |||
==== Current Rating and Price Target ==== | |||
{| class="wikitable" | |||
|+ | |||
!Firm | |||
!Price target | |||
!Rating | |||
|- | |||
|Berenberg<ref name=":1" /> | |||
|147 euros | |||
|maintained at buy | |||
|- | |||
|Baader Bank<ref name=":0" /> | |||
|140 euros | |||
|maintained at buy | |||
|- | |||
|DZ bank<ref name=":0" /> | |||
|lowered from 125 to 115 euros | |||
|buy | |||
|- | |||
|Deutsche Bank<ref>https://www.finanzen.at/analyse/sixt-se-st-hold-915320</ref> | |||
|125 euros | |||
|hold | |||
|- | |||
|Hauck Aufhäuser<ref>https://www.finanzen.ch/analyse/sixt-se-vz-buy-910830</ref> | |||
|108 euros | |||
|buy | |||
|} | |||
== Competitor expectations and results == | == Competitor expectations and results == | ||