Long Term Growth Forecast

The Long Term Growth Forecast is the consensus long-term growth rate amongst analysts which cover the company. It is a data point collated by Thomson Reuters to provide the annualised compound growth rate over the next 3 to 7 year period.

Stockopedia explains LT Growth Forecast

Long-term growth is an estimate of the compound average rate of growth an analyst expects over and is expressed as a percentage increase per year. It is usually calculated on Earnings per Share, but sometimes or Funds from Operations per Share, whichever is considered as primary for a particular company.

Our data providers (Reuters) explain that 'as most analysts do not provide the basis of the calculation of their growth rates, the estimates collected are assumed to include a combination of past and future years with at least one future period included, and are calculated on a compounded annual growth rate (CAGR) basis.'

Research by Dreman and others has shown that analyst forecasts tend to be highly inaccurate, particularly over longer term timeframes.

A study by Lawrence Brown in the Financial Analysts Journal looked at 130,000 forecasts by analysts from 1985 to 1996 and found that the average absolute error was over 90%!

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The 5 highest LT Growth Forecast Stocks in the Market

Ticker Name LT Growth Forecast StockRank
NSI:PERSISTENT Persistent Systems 1500 89
LON:STB Secure Trust Bank 800 95
HKG:520 Xiabuxiabu Catering Management (China) Holdings Co 690 39
NYQ:NOVA Sunnova Energy International Inc 675.8 16
NSQ:MAR Marriott International Inc 612.6 53
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