Analysts at Jefferies have revised their EPS forecast for Australia’s Domain Holdings (ASX:DHG), reducing the estimation by 6% each for FY24 and FY25.

The basis for these downgrades lies in the company’s guidance for higher depreciation, as well as increased amortization and interest expenses, as detailed by the brokerage.

Jefferies has also reduced its PT for the shares of Domain Holdings, from A$4.38 per share to A$4.34 per share.

Among eleven analysts, one recommends a ‘strong buy’ for the stock, nine suggest to ‘hold’, while one voices a ‘strong sell’.

The median PT stands at A$3.80, according to Refinitiv.

As per the latest closing, the stock has appreciated by 38.8% this year.

Domain Holdings is a digital property company specialising in real estate advertising and services.