- Ferrovial’s first quarter Ebitda exceeded expectations, coming in at EU254.0 million, showing a 34% increase year on year. The estimate was EU232.5 million.
- The company’s total revenue for the quarter was EU1.88 billion, which is a 4.1% increase compared to the same period last year. The forecasted revenue was EU1.9 billion.
- Adjusted Ebit achieved by Ferrovial was EU152 million, which is significantly higher than the estimated EU130.4 million.
- When compared on a like-for-like basis, the construction revenues increased by 0.4%.
- Ferrovial’s current stock ratings include 13 buys, 8 holds, and 4 sells indicators.
Ferrovial Sa on Smartkarma
Analyst coverage of Ferrovial Sa on independent investment research network, Smartkarma, has been insightful. Jesus Rodriguez Aguilar, in his report “Taking off from Heathrow,” highlights Ferrovial’s sale of its stake in Heathrow Airport Holdings for £2,368 million. This move allows Ferrovial to shift focus towards more profitable infrastructure projects, particularly in North American greenfield projects. The divestment, valued far above initial estimations, is expected to positively impact Ferrovial’s target price by 4.7%, indicating a potential revaluation of 9.5% to €34.55/share.
A look at Ferrovial Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smart Karma Smart Scores, Ferrovial SA shows a promising long-term outlook. With a strong score of 5 for Growth, the company is anticipated to experience significant expansion opportunities in the future. Additionally, Ferrovial SA also demonstrates resilience with a score of 3, indicating its ability to withstand challenges and uncertainties. It has secured a respectable score of 3 for Momentum, showing positive market trends and investor sentiment.
While the Value and Dividend scores are more moderate at 2 each, the overall outlook for Ferrovial SA appears optimistic, especially considering its diverse operations in construction, airport, toll road, and municipal services across various countries. With a services division offering facility management, infrastructure maintenance, and energy services, Ferrovial SA is well-positioned to capitalize on its growth prospects in the coming years.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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