What Are Analysts Saying About the future of Timbercreek Financial Corporation’s (TSX:TF) Business?
Timbercreek Financial Corporation (TSX:TF)’s sound earnings growth per share is expected to be a single-digit 7.60% over the next year. With the recent EPS being $0.697, expected growth will push the upcoming EPS to $0.75. To determine whether this growth rate expectation is justified, we should take a look at how the company has been performing in the past. See our latest analysis for TF
Exciting times ahead for TF
TF is covered by 3 analysts who by consensus are expecting earnings to increase from today;s level of $0.697 to $0.75 over the next year. This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 7.60% over the next 1-2 years. In the same period revenue is predicted to grow from $64M $0M
Is this similar growth to the past?
The past can be an insightful indicator for future performance for a stock. We can determine whether this level of expected growth is illustrative of future headwinds or whether the company continues to grapple with higher growth. TF exhibits an encouraging move as it delivered negative growth of -15.66%, which is expected to turn positive according to analysts’ forecasts. This could indicate a relatively fruitful turnaround, which may give current shareholders a glimpse of hope.
Next Steps:
For TF, I’ve put together three fundamental aspects you should further examine:
1. 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.
2. Valuation: What is TF 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 TF is currently mispriced by the market.
3. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of TF? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
