Analysts expect over 2018 rising revenue Rocket Internet

Tomorrow the German Rocket Internet will report its past quarter's results. For this year Rocket Internet's revenue will be around 54,33 million euros. This is according to the average of the analysts' estimates. This is quite more than 2017's revenue of 36,76 million euros.

Historical revenues and results Rocket Internet plus estimates 2018

The analysts expect for 2018 a net loss of 55 million euros. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a loss per share of 30 cent. With this the price/earnings-ratio is -89,13.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies is a moderate 0,5 percent.

Recent target prices around 31 euros

JP Morgan, Deutsche Bank and M.M. Warburg & Co. recently provided recommendations for the stock.

Rocket Internet's market capitalization is based on the number of outstanding shares around 4,42 billion euros. The Rocket Internet stock was the past 12 months quite volatile. Since last September the stock is even 33 percent higher. This year the stock price moved between 19 and 31 euro.

On Tuesday the stock closed at 26,74 euros.

Price data Rocket Internet 2007-2018

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.