Jones Lang LaSalle (JLL): Assessing Valuation After Another Earnings Beat and Strengthening Growth Outlook

Jones Lang LaSalle (JLL) just cleared another earnings hurdle, topping third quarter profit expectations even as revenue came in slightly light. The stock has pushed to fresh highs on the back of that consistency.

See our latest analysis for Jones Lang LaSalle.

That backdrop of steady execution has kept investors leaning in, with the latest 1 month share price return of around 9 percent helping push JLL to roughly 32 percent year to date and supported by an impressive 3 year total shareholder return of more than 110 percent. This suggests momentum is still very much on JLL’s side.

If JLL’s run has you thinking about what else could surprise to the upside, this might be a good moment to explore fast growing stocks with high insider ownership.

With earnings still beating forecasts, analysts nudging estimates higher, and the share price hovering below fair value estimates, is JLL quietly undervalued here, or is the market already baking in the next leg of growth?

Most Popular Narrative: 8.2% Undervalued

With JLL closing at $328.99 versus a narrative fair value near $358, the story leans toward upside, especially if its growth engine behaves as projected.

Analysts are assuming Jones Lang LaSalle's revenue will grow by 8.4% annually over the next 3 years.

Analysts assume that profit margins will increase from 2.3% today to 3.3% in 3 years time.

Read the complete narrative.

If you are curious how modest sounding growth rates can still point to a higher fair value, tighter margins, and a lower future earnings multiple than today, dig into the full narrative to see which assumptions really carry the valuation.

Result: Fair Value of $358 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, a slower than expected recovery in brokerage volumes and renewed softness in office demand could quickly challenge those growth and valuation assumptions.

Find out about the key risks to this Jones Lang LaSalle narrative.

Build Your Own Jones Lang LaSalle Narrative

If you see the outlook differently or would rather dig into the numbers yourself, you can shape a custom view in just minutes: Do it your way.

A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Jones Lang LaSalle.

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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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