Broker Revenue Forecasts For New Jersey Resources Corporation (NYSE:NJR) Are Surging Higher
Broker Revenue Forecasts For New Jersey Resources Corporation (NYSE:NJR) Are Surging Higher
New Jersey Resources Corporation (NYSE:NJR) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects.
新澤西資源公司(紐約證券交易所代碼:NJR)的股東今天將有理由微笑,分析師對今年的預測進行了大幅上調。共識估計的收入數字有所上升,他們現在對公司的業務前景的看法顯然更加樂觀。
Following the upgrade, the current consensus from New Jersey Resources' six analysts is for revenues of US$2.4b in 2024 which - if met - would reflect a substantial 23% increase on its sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of US$2.1b in 2024. The consensus has definitely become more optimistic, showing a nice gain to revenue forecasts.
上調後,新澤西資源六位分析師目前的共識是,2024年的收入爲24億美元,如果達到,將反映其在過去12個月中銷售額大幅增長23%。在最新估計之前,分析師預測2024年的收入爲21億美元。這一共識無疑變得更加樂觀了,這表明收入預測有了不錯的增長。
Check out our latest analysis for New Jersey Resources
查看我們對新澤西資源的最新分析
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240125/0-9781460cd1652d585321465816b35f2b-0-501596134c5a1f80765cbe4e2e1ee279.png/big)
We'd point out that there was no major changes to their price target of US$48.00, suggesting the latest estimates were not enough to shift their view on the value of the business.
我們要指出,他們的48.00美元目標股價沒有重大變化,這表明最新的估計不足以改變他們對業務價值的看法。
Of course, another way to look at these forecasts is to place them into context against the industry itself. For example, we noticed that New Jersey Resources' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 23% growth to the end of 2024 on an annualised basis. That is well above its historical decline of 1.9% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 5.0% annually. So it looks like New Jersey Resources is expected to grow faster than its competitors, at least for a while.
當然,看待這些預測的另一種方法是將它們與行業本身聯繫起來。例如,我們注意到,新澤西資源公司的增長率預計將大幅加快,預計到2024年底,收入按年計算將實現23%的增長。這遠高於其在過去五年中每年1.9%的歷史下降幅度。相比之下,分析師對整個行業的估計表明,(總計)行業收入預計每年將增長5.0%。因此,看來新澤西資源的增長速度將超過其競爭對手,至少在一段時間內是如此。
The Bottom Line
底線
The highlight for us was that analysts increased their revenue forecasts for New Jersey Resources this year. They're also forecasting more rapid revenue growth than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at New Jersey Resources.
我們的亮點是,分析師提高了對新澤西資源公司今年的收入預測。他們還預測收入增長將比整個市場更快。鑑於分析師似乎預計銷售渠道將大幅改善,現在可能是重新審視新澤西資源的合適時機。
Better yet, our automated discounted cash flow calculation (DCF) suggests New Jersey Resources could be moderately undervalued. For more information, you can click through to our platform to learn more about our valuation approach.
更好的是,我們的自動貼現現金流計算(DCF)表明,新澤西資源的估值可能會被適度低估。欲了解更多信息,您可以點擊我們的平台,詳細了解我們的估值方法。
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying.
尋找可能達到轉折點的有趣公司的另一種方法是使用內部人士收購的成長型公司的免費清單,跟蹤管理層是買入還是賣出。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。