What should we expect from Fletcher Building Limited (NZSE: FBU) in the coming year? – Simply Wall St News

Looking at Fletcher Building Limited's (NZSE: FBU) income update in December 2018,
badysts seem pretty confident,
profits are expected to grow 45% over the next year
compared to
the average growth rate over 5 years of -33%.
Currently, with a profit of $ 190.0 million over twelve months, we can expect $ 275.8 million in 2020.
Below is a brief commentary on Fletcher Building's earnings outlook, which can give you an idea of ​​the market climate for the company.
Investors who want to know more about other aspects of society should
look for its fundamentals here.

Check out our latest badysis for the Fletcher building

Exciting times to come?

Over the next three years, it seems that the general opinion of the 13 badysts covering FBU is biased
positive
feeling.
As forecasts become more difficult in the future, broker badysts generally expect a period of about three years.
To reduce the annual volatility of badysts' earnings forecasts, I have inserted a line that best matches the expected results to determine the annual growth rate from the slope of the line.

This translates into an annual growth rate of 4.0% based on the latest level of earnings of NZ $ 190.0 million compared to the final forecast of NZ $ 293.2 million in New Zealand. here 2022.
BPA reaches NZ 0.43 for the last forecast year compared to
NZ $ -0.26 EPS today.
With a current profit margin of -2.0%, this change will result in a margin of -3.7% by 2022.

Next steps:

The outlook is only one aspect of building an investment record for a security. For the Fletcher building,
I put together
Three
important
aspects
you should
take a closer look:

1. Financial health: Does he have a healthy balance sheet? Take a look at our free balance sheet badysis with six simple controls on key factors such as leverage and risk.
2. Evaluation: What is the Fletcher building worth today? Is the stock undervalued even when its growth prospects are embedded in its intrinsic value? The intrinsic value infographic of our free research report helps to visualize whether the market misjudged Fletcher Building.
3. Other high growth alternatives : Are there any other high-growth stocks you could hold in place of Fletcher Building? Explore our interactive list of stocks with high growth potential to get an idea of ​​what you may miss!

Our goal is to provide you with a long-term research badysis based on fundamental data. Note that our badysis may not take into account the latest price sensitive business announcements or qualitative information.

If you notice an error that needs to be corrected, please contact the publisher at [email protected]. This article from Simply Wall St is of a general nature. This is not a recommendation to buy or sell shares, and does not take into account your goals or your financial situation. Simply Wall St has no position on the actions mentioned. Thanks for the reading.