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What Do Analysts Think About Ingenico Group - GCS's (EPA:ING) Future?

Simply Wall St

After Ingenico Group - GCS's (EPA:ING) earnings announcement in December 2018, analyst consensus outlook appear cautiously optimistic, with earnings expected to grow by 31% in the upcoming year against the past 5-year average growth rate of 7.5%. By 2020, we can expect Ingenico Group - GCS’s bottom line to reach €247m, a jump from the current trailing-twelve-month of €188m. Below is a brief commentary around Ingenico Group - GCS's earnings outlook going forward, which may give you a sense of market sentiment for the company. Investors wanting to learn more about other aspects of the company should research its fundamentals here.

See our latest analysis for Ingenico Group - GCS

Can we expect Ingenico Group - GCS to keep growing?

The view from 15 analysts over the next three years is one of positive sentiment. Given that it becomes hard to forecast far into the future, broker analysts tend to project ahead roughly three years. To get an idea of the overall earnings growth trend for ING, I’ve plotted out each year’s earnings expectations and inserted a line of best fit to determine an annual rate of growth from the slope of this line.

ENXTPA:ING Past and Future Earnings, July 22nd 2019

By 2022, ING's earnings should reach €315m, from current levels of €188m, resulting in an annual growth rate of 16%. EPS reaches €5 in the final year of forecast compared to the current €3.05 EPS today. In 2022, ING's profit margin will have expanded from 7.1% to 8.5%.

Next Steps:

Future outlook is only one aspect when you're building an investment case for a stock. For Ingenico Group - GCS, I've compiled three fundamental aspects you should further research:

  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 Ingenico Group - GCS 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 Ingenico Group - GCS is currently mispriced by the market.
  3. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of Ingenico Group - GCS? 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.