Latest news with #BloomsburyPublishing
Yahoo
25-05-2025
- Business
- Yahoo
Bloomsbury Publishing Plc (LON:BMY) Yearly Results: Here's What Analysts Are Forecasting For This Year
There's been a major selloff in Bloomsbury Publishing Plc (LON:BMY) shares in the week since it released its full-year report, with the stock down 21% to UK£4.96. It was a credible result overall, with revenues of UK£361m and statutory earnings per share of UK£0.31 both in line with analyst estimates, showing that Bloomsbury Publishing is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. After the latest results, the consensus from Bloomsbury Publishing's five analysts is for revenues of UK£339.2m in 2026, which would reflect a small 6.0% decline in revenue compared to the last year of performance. Statutory earnings per share are forecast to reduce 9.7% to UK£0.28 in the same period. Before this earnings report, the analysts had been forecasting revenues of UK£349.1m and earnings per share (EPS) of UK£0.35 in 2026. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates. Check out our latest analysis for Bloomsbury Publishing The analysts made no major changes to their price target of UK£7.88, suggesting the downgrades are not expected to have a long-term impact on Bloomsbury Publishing's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Bloomsbury Publishing analyst has a price target of UK£8.50 per share, while the most pessimistic values it at UK£7.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 6.0% by the end of 2026. This indicates a significant reduction from annual growth of 18% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 0.9% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Bloomsbury Publishing is expected to lag the wider industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Bloomsbury Publishing. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Bloomsbury Publishing going out to 2028, and you can see them free on our platform here.. Plus, you should also learn about the 1 warning sign we've spotted with Bloomsbury Publishing . Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-05-2025
- Business
- Yahoo
Bloomsbury Publishing Plc (LON:BMY) Yearly Results: Here's What Analysts Are Forecasting For This Year
There's been a major selloff in Bloomsbury Publishing Plc (LON:BMY) shares in the week since it released its full-year report, with the stock down 21% to UK£4.96. It was a credible result overall, with revenues of UK£361m and statutory earnings per share of UK£0.31 both in line with analyst estimates, showing that Bloomsbury Publishing is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. After the latest results, the consensus from Bloomsbury Publishing's five analysts is for revenues of UK£339.2m in 2026, which would reflect a small 6.0% decline in revenue compared to the last year of performance. Statutory earnings per share are forecast to reduce 9.7% to UK£0.28 in the same period. Before this earnings report, the analysts had been forecasting revenues of UK£349.1m and earnings per share (EPS) of UK£0.35 in 2026. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates. Check out our latest analysis for Bloomsbury Publishing The analysts made no major changes to their price target of UK£7.88, suggesting the downgrades are not expected to have a long-term impact on Bloomsbury Publishing's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Bloomsbury Publishing analyst has a price target of UK£8.50 per share, while the most pessimistic values it at UK£7.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 6.0% by the end of 2026. This indicates a significant reduction from annual growth of 18% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 0.9% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Bloomsbury Publishing is expected to lag the wider industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Bloomsbury Publishing. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Bloomsbury Publishing going out to 2028, and you can see them free on our platform here.. Plus, you should also learn about the 1 warning sign we've spotted with Bloomsbury Publishing . Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
23-05-2025
- Business
- Business Insider
Bloomsbury Publishing (BMY) Gets a Buy from Berenberg Bank
In a report released yesterday, William Larwood from Berenberg Bank initiated coverage with a Buy rating on Bloomsbury Publishing (BMY – Research Report) and a price target of p825.00. The company's shares closed yesterday at p524.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Larwood is ranked #7019 out of 9537 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bloomsbury Publishing with a p810.50 average price target. The company has a one-year high of p766.00 and a one-year low of p505.00. Currently, Bloomsbury Publishing has an average volume of 197.2K.
Times
23-05-2025
- Business
- Times
Bloomsbury shares fall after profit dip despite Harry Potter hopes
The Harry Potter and Sarah J Maas publisher has reported weaker annual profits despite a rise in sales, sending its shares sharply lower. Bloomsbury Publishing, in a rare year without the release of a new book by Maas, reported that profit before tax fell by 22 per cent to £32.5 million in the 12 months to the end of February while sales rose by 5 per cent to a better-than-expected £361 million. Despite no formal update on when Maas's next title is to be published, Nigel Newton, the founder and chief executive of Bloomsbury, said a new book was 'expected, put it that way'. The shares were the worst performer on the FTSE 250 yesterday, closing down 127p, or 19.5 per cent, to 524p. The
Daily Mail
22-05-2025
- Business
- Daily Mail
Bloomsbury shares dive after publisher reports declining profits
Bloomsbury Publishing shares plunged on Thursday after the company posted lower annual profits despite growing turnover. Shares in the business plummeted 16 per cent to 547p by the early afternoon, making them the FTSE 250's worst performer by some distance. The publisher of Harry Potter and the popular Sarah J. Maas books revealed its pre-tax profits decreased by 22 per cent to £32.5million in the year ending 28 February. Profits in its consumer arm fell to £31million, having more than doubled to £37.4million in the previous 12 months thanks to soaring demand for Sarah J Maas titles. Bloomsbury's overall revenue still tipped up by 5 per cent to £361million thanks to the takeover of academic publisher Rowman & Littlefield, which contributed £19.8million in sales during the year. Described as a 'game-changer' by Nigel Newton, Bloomsbury's founder and chief executive, the £65million acquisition was the largest in the firm's history. It has also helped compensate for budgetary pressures impacting the UK and US higher education markets. More British universities are recording financial deficits owing to National Insurance contribution hikes and overseas student numbers falling following new restrictions on bringing dependents. Meanwhile, US colleges are struggling with declining enrolment levels, partly caused by lower birth rates. Combined with sales of print academic books dropping because of the shift towards digital learning, Bloomsbury's academic and professional organic revenues slipped by 10 per cent in the last fiscal year. Amidst subdued trade in the UK and the US, Bloomsbury is shifting its attention to Asia. The company intends to open an office in Singapore later this year to try and capitalise on the continent's soaring student population. The World Bank predicts there will be 600 million higher education students globally by 2040, of which over 60 per cent will be in Asia. Newton said the focus on Asia means Bloomsbury will be 'well placed geographically and structurally to benefit from student growth alongside the continued shift to digital learning.' He added that the company expected trading for the 2026 financial year to align with consensus forecasts, with turnover totalling £349.2million and profits before tax and highlighted items rising to £45.1million. Among the Bloomsbury books due for release in the coming months include the crime novel A Case of Life and Limb by Sally Smith, Celebrate: Joyful Baking All Year Round by Paul Hollywood, and the paperback version of Gillian Anderson's Want. Newton added: 'The resilience of demand for Bloomsbury titles and the excellent sales of our digital products demonstrate the strength of our long-term growth strategy, the publishing judgement of our editors, the reach of our sales and marketing and value of our content.'
