Will Audentes Therapeutics Inc’s (NASDAQ:BOLD) Earnings Grow Over The Next Few Years?

The most recent earnings announcement Audentes Therapeutics Inc’s (NASDAQ:BOLD) released in December 2017 revealed company earnings became less negative compared to the previous year’s level as a result of recent tailwinds Below, I’ve laid out key growth figures on how market analysts view Audentes Therapeutics’s earnings growth trajectory over the next few years and whether the future looks brighter. I will be using net income excluding extraordinary items in order to exclude one-off volatility which I am not interested in. View our latest analysis for Audentes Therapeutics

Market analysts’ prospects for next year seems pessimistic, with earnings becoming even more negative, arriving at -US$118.73M in 2019. Additionally, earnings are predicted to fall off in the following year, dwindling to -US$135.59M in 2020 and -US$150.53M in 2021.

NasdaqGM:BOLD Future Profit May 9th 18
NasdaqGM:BOLD Future Profit May 9th 18

Even though it is informative understanding the rate of growth year by year relative to today‚Äôs level, it may be more insightful evaluating the rate at which the company is rising or falling every year, on average. The pro of this technique is that it ignores near term flucuations and accounts for the overarching direction of Audentes Therapeutics’s earnings trajectory over time, fluctuate up and down. To calculate this rate, I put a line of best fit through the forecasted earnings by market analysts. The slope of this line is the rate of earnings growth, which in this case is 35.81%. This means that, we can anticipate Audentes Therapeutics will grow its earnings by 35.81% every year for the next few years.

Next Steps:

For Audentes Therapeutics, I’ve put together three key 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. Management:Have insiders been ramping up their shares to take advantage of the market’s sentiment for BOLD’s future outlook? Check out our management and board analysis with insights on CEO compensation and governance factors.
  3. Other High-Growth Alternatives: Are there other high-growth stocks you could be holding instead of BOLD? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!