Earnings Alerts

Pluxee (PLX) Earnings Boost: Raises ’24 Organic Revenue Growth Target to ~18%

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  • Pluxee raises Fiscal 2024 organic revenue target to approximately 18%, up from the previous range of 15% to 17%.
  • Operating revenue stands at EUR 297 million.
  • Organic revenue reaches +17.9% in the third quarter.
  • Pluxee enters a strategic partnership with Santander in Brazil.
  • Santander retains a 20% ownership stake in Pluxee Brazil.
  • The Santander deal is expected to positively impact organic growth and recurring EBITDA margin starting Fiscal 2025.
  • Pluxee confirms mid-term financial targets.
  • High double-digit organic revenue growth observed in the third quarter signifies strong business momentum.
  • Pluxee has upgraded their Fiscal 2024 organic revenue growth objective for the second time.
  • Recommendations: 7 buys, 8 holds, 0 sells.

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Pluxee on Smartkarma

Analyst coverage of Pluxee on Smartkarma has been positive, with Value Investors Club publishing a research report on Pluxee (PLX.PA) on Sunday, Feb 25, 2024. The report highlights Pluxee‘s large insider ownership, new initiatives, and the Bellon family as controlling shareholders, indicating potential improvements and long-term success. As a spin-off company with a robust business model, Pluxee offers an attractive investment opportunity, with an undervalued stock price and significant growth potential. The report emphasizes Pluxee as a compelling choice for investors seeking value and growth.

The research report from Value Investors Club, authored by anonymous analysts, leans bullish on Pluxee, endorsing the company’s strategic direction and positioning in the market. With the endorsement of the Bellon family and a focus on new initiatives, Pluxee is poised for positive developments in the future. Investors can consider Pluxee as a promising investment option based on the insights provided by independent analysts on Smartkarma. It’s advisable for investors to conduct further research and due diligence to evaluate the suitability of Pluxee in their investment portfolios.


A look at Pluxee Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience5
Momentum2
OVERALL SMART SCORE2.6

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

Pluxee N.V., a company specializing in employee benefits and motivation solutions, presents a mixed long-term outlook based on the Smartkarma Smart Scores. While scoring high in factors like resilience, with a top score of 5, Pluxee also demonstrates promising growth potential with a score of 3. However, the company lags in terms of value and momentum, scoring 2 in both categories, and falls short on the dividend front with a score of 1. Pluxee‘s service offerings ranging from catering to well-being, mobility, culture, and gifts cater to customers globally, showcasing a diverse portfolio.


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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