Turning Zoono into a Gamestop, page-88

It will come as no surprise to learn that the analyst has increased their price target for Zoono Group 12% to NZ$3.88 on the back of these upgrades.One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The analyst is definitely expecting Zoono Group’sgrowth to accelerate, with the forecast 13x growth ranking favourably alongside historical growth of 137% per annum over the past year. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 6.5% per year. Factoring in the forecast acceleration in revenue, it’s pretty clear that Zoono Group is expected to grow much faster than its industry.