Largo Future Growth

Future criteria checks 2/6

Largo is forecast to grow revenue at 20.5% per annum. EPS is expected to grow by 144.1% per annum.

Key information

n/a

Earnings growth rate

144.1%

EPS growth rate

Metals and Mining earnings growth	39.6%
Revenue growth rate	20.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	19 Nov 2024

Recent future growth updates

Recent updates

Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Oct 29

Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

Sep 10

Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

Aug 14

Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

May 23

Earnings and Revenue Growth Forecasts

TSX:LGO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	240	N/A	33	60	1
12/31/2025	192	N/A	35	46	3
12/31/2024	143	N/A	-9	10	3
9/30/2024	145	-49	-31	9	N/A
6/30/2024	159	-51	-41	7	N/A
3/31/2024	183	-42	-20	31	N/A
12/31/2023	199	-30	-43	21	N/A
9/30/2023	202	-34	-70	10	N/A
6/30/2023	212	-25	-55	28	N/A
3/31/2023	244	-1	-67	12	N/A
12/31/2022	229	-1	-57	3	N/A
9/30/2022	232	15	-28	12	N/A
6/30/2022	232	26	-11	18	N/A
3/31/2022	201	17	11	34	N/A
12/31/2021	198	23	12	40	N/A
9/30/2021	190	29	16	41	N/A
6/30/2021	164	22	2	26	N/A
3/31/2021	118	7	-81	-57	N/A
12/31/2020	120	7	-78	-60	N/A
9/30/2020	104	-4	-74	-55	N/A
6/30/2020	100	-13	-75	-49	N/A
3/31/2020	114	-21	2	37	N/A
12/31/2019	105	-27	67	105	N/A
9/30/2019	213	59	167	204	N/A
6/30/2019	305	120	258	286	N/A
3/31/2019	355	201	294	311	N/A
12/31/2018	382	231	244	258	N/A
9/30/2018	304	161	177	191	N/A
6/30/2018	226	114	N/A	107	N/A
3/31/2018	178	35	N/A	61	N/A
12/31/2017	133	-8	N/A	47	N/A
9/30/2017	120	-17	N/A	20	N/A
6/30/2017	91	-46	N/A	13	N/A
3/31/2017	76	-42	N/A	2	N/A
12/31/2016	60	-41	N/A	-12	N/A
9/30/2016	44	-61	N/A	-18	N/A
6/30/2016	28	-81	N/A	-20	N/A
3/31/2016	14	-73	N/A	-16	N/A
12/31/2015	5	-94	N/A	-6	N/A
9/30/2015	N/A	-94	N/A	-16	N/A
6/30/2015	N/A	-77	N/A	-15	N/A
3/31/2015	N/A	-80	N/A	-17	N/A
12/31/2014	N/A	-45	N/A	-17	N/A
9/30/2014	N/A	-23	N/A	-3	N/A
6/30/2014	N/A	-5	N/A	-6	N/A
3/31/2014	N/A	-6	N/A	-3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if LGO's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if LGO's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if LGO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LGO's revenue (20.5% per year) is forecast to grow faster than the Canadian market (6.9% per year).

High Growth Revenue: LGO's revenue (20.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LGO's Return on Equity is forecast to be high in 3 years time

Largo Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Largo Inc. to Plan Shutdown for Maintenance Activities in Late November and Early December for Between 19 to 22 Days

Price target decreased by 24% to CA$5.33

Largo Inc. Maintains Production Guidance for the Year 2024

Price target decreased by 11% to CA$6.67

Price target decreased by 24% to CA$7.50

Price target decreased by 11% to CA$9.33

Recent updates

Largo Inc. to Plan Shutdown for Maintenance Activities in Late November and Early December for Between 19 to 22 Days

Largo Inc. to Report Q3, 2024 Results on Nov 12, 2024

Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Largo Inc. Announces Executive Changes

Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

Second quarter 2024 earnings released: US$0.22 loss per share (vs US$0.09 loss in 2Q 2023)

Largo Inc. to Report Q2, 2024 Results on Aug 08, 2024

Largo Inc. Announces Chief Financial Officer Changes

Price target decreased by 24% to CA$5.33

Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

First quarter 2024 earnings released: US$0.20 loss per share (vs US$0.019 loss in 1Q 2023)

Here's Why Largo (TSE:LGO) Can Afford Some Debt

Largo Inc. to Report Q1, 2024 Results on May 10, 2024

Largo Inc. Maintains Production Guidance for the Year 2024

Price target decreased by 11% to CA$6.67

New minor risk - Market cap size

Investors Aren't Buying Largo Inc.'s (TSE:LGO) Revenues

Full year 2023 earnings released: US$0.47 loss per share (vs US$0.023 loss in FY 2022)

Largo Inc. to Report Q4, 2023 Results on Mar 21, 2024

New major risk - Revenue and earnings growth

Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds At Its Maracás Menchen Mine

Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds At Its Maracás Menchen Mine

Price target decreased by 24% to CA$7.50

Price target decreased by 11% to CA$9.33

New major risk - Revenue and earnings growth

Largo Inc. Provides Update on the Ongoing Exploration Program Surrounding its Maracs Menchen Mine in Brazil

Largo Inc. Provides Sales and Production Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Largo Inc. to Report Q3, 2023 Results on Nov 08, 2023

Price target decreased by 8.5% to CA$10.06

Price target decreased by 8.6% to CA$10.60

Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt

Second quarter 2023 earnings: Revenues exceed analyst expectations

New major risk - Revenue and earnings growth

Largo Inc. to Report Q2, 2023 Results on Aug 09, 2023

Largo Inc. Approves Board Elections

Largo Inc. Announces Board Changes

Capital Allocation Trends At Largo (TSE:LGO) Aren't Ideal

First quarter 2023 earnings released: US$0.019 loss per share (vs US$0.029 loss in 1Q 2022)

Largo Inc. Provides Sales Guidance for the Year 2023

Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden

Consensus EPS estimates fall by 150%

Price target decreased by 9.2% to CA$11.58

Full year 2022 earnings released: US$0.023 loss per share (vs US$0.35 profit in FY 2021)

Largo Inc. to Report Q4, 2022 Results on Mar 09, 2023

Largo Inc. Announces CEO Changes

Consensus EPS estimates fall by 37%

Largo Inc. Provides Production and Sales Guidance for the First Quarter, Second Quarter, Third Quarter, Fourth Quarter and Full Year of Fiscal Year 2023

Investor sentiment improved over the past week

Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet

Consensus forecasts updated

Insufficient new directors

Largo Inc. Provides Production and Sales Guidance for the Year 2022

Third quarter 2022 earnings released: US$0.033 loss per share (vs US$0.14 profit in 3Q 2021)

Insufficient new directors

Largo Inc. to Report Q3, 2022 Results on Nov 09, 2022

Price target decreased to CA$14.34

Investors Will Want Largo's (TSE:LGO) Growth In ROCE To Persist

Insufficient new directors

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.28 (vs US$0.13 in 2Q 2021)

Largo Inc. Revises Production Guidance for the Year 2022

Investor sentiment improved over the past week

We Think Largo (TSE:LGO) Can Stay On Top Of Its Debt

Largo Inc. to Report Q2, 2022 Results on Aug 10, 2022

Largo Inc. Provides Production Guidance for the Year 2022

The Return Trends At Largo (TSE:LGO) Look Promising

President recently bought CA$191k worth of stock