Yahoo Finance Will Autogrill S.p.A.'s (BIT:AGL) Earnings Grow Over The Next Year?
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Based on Autogrill S.p.A.'s (BIT:AGL) earnings update in December 2018, it seems that analyst forecasts are substantially optimistic, with earnings expected to grow by a high double-digit of 73% in the upcoming year, against the previous 5-year average growth rate of 31%. By 2020, we can expect Autogrill’s bottom line to reach €118m, a jump from the current trailing-twelve-month of €69m. Below is a brief commentary on the longer term outlook the market has for Autogrill. For those keen to understand more about other aspects of the company, you can research its fundamentals here.
View our latest analysis for Autogrill
What can we expect from Autogrill in the longer term?
The 11 analysts covering AGL view its longer term outlook with a positive sentiment. Since forecasting becomes more difficult further into the future, broker analysts generally project out to around three years. To understand the overall trajectory of AGL's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope.
By 2022, AGL's earnings should reach €158m, from current levels of €69m, resulting in an annual growth rate of 24%. EPS reaches €0.60 in the final year of forecast compared to the current €0.27 EPS today. Margins are currently sitting at 1.3%, which is expected to expand to 2.9% by 2022.
Next Steps:
Future outlook is only one aspect when you're building an investment case for a stock. For Autogrill, I've compiled three important aspects you should further research:
Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
Valuation: What is Autogrill worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether Autogrill is currently mispriced by the market.
Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of Autogrill? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
