Analysts are bullish on these following companies: BT Investment Management, Freedom Foods Group, GR Engineering Services. These companies are relatively strong financially, and have a great outlook in terms of profits and cash flow. The list I’ve put together below are of stocks that compare favourably on all criteria, which potentially makes them a good investment if you believe the growth has not already been reflected in the share price.
BT Investment Management Limited (ASX:BTT)
BT Investment Management Limited is a publicly owned investment manager the firm provides its services to individual and institutional clients. Founded in 2007, and currently run by Emilio Gonzalez, the company now has 309 employees and with the company’s market cap sitting at AUD A$3.05B, it falls under the mid-cap group.
BTT’s forecasted bottom line growth is an optimistic double-digit 15.72%, driven by the underlying double-digit sales growth of 28.89% over the next few years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 27.98%. BTT ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Want to know more about BTT? Take a look at its other fundamentals here.
Freedom Foods Group Limited (ASX:FNP)
Freedom Foods Group Limited engages in sourcing, manufacturing, selling, marketing, and distributing specialty cereal and snacks in Australia and internationally. The company currently employs 208 people and with the company’s market cap sitting at AUD A$1.11B, it falls under the small-cap group.
FNP’s forecasted bottom line growth is an optimistic 41.73%, driven by the underlying 61.53% sales growth over the next few years. It appears that FNP’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 8.87%. FNP ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering FNP as a potential investment? Take a look at its other fundamentals here.
GR Engineering Services Limited (ASX:GNG)
GR Engineering Services Limited, an engineering, consulting, and contracting company, provides engineering design and construction services to the mining and mineral processing industries in Australia and internationally. GR Engineering Services was started in 1986 and with the stock’s market cap sitting at AUD A$222.22M, it comes under the small-cap group.