Consensus EPS estimates increase to US$0.039

The consensus outlook for earnings per share (EPS) in 2021 has improved.

  • 2021 revenue forecast increased from US$53.3m to US$58.5m.
  • EPS estimate increased from US$0.031 to US$0.039 per share.
  • Net income forecast to shrink 3.7% next year vs 31% growth forecast for Machinery industry in Singapore .
  • Consensus price target up from S$0.77 to S$0.88.
  • Share price was steady at S$0.77 over the past week.