One thing we could say about the covering analyst on Public Joint Stock Company Globaltruck Management (MCX:GTRK) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.

Following this downgrade, Globaltruck Management's one analyst are forecasting 2020 revenues to be ₽9.6b, approximately in line with the last 12 months. Prior to the latest estimates, the analyst was forecasting revenues of ₽11b in 2020. It looks like forecasts have become a fair bit less optimistic on Globaltruck Management, given the measurable cut to revenue estimates.

See our latest analysis for Globaltruck Management

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Globaltruck Management's past performance and to peers in the same industry. We would highlight that Globaltruck Management's revenue growth is expected to slow, with forecast 0.3% increase next year well below the historical 15% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 2.3% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Globaltruck Management.

The Bottom Line

The clear low-light was that the analyst slashing their revenue forecasts for Globaltruck Management this year. They also expect company revenue to perform worse than the wider market. Given the stark change in sentiment, we'd understand if investors became more cautious on Globaltruck Management after today.

So things certainly aren't looking great, and you should also know that we've spotted some potential warning signs with Globaltruck Management, including its declining profit margins. For more information, you can click here to discover this and the 4 other flags we've identified.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.

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