Here's Why AptarGroup (ATR) is a Strong Growth Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
AptarGroup (ATR)
Headquartered in Crystal Lake, IL, AptarGroup is a global supplier of a broad range of innovative dispensing, sealing, and active packaging solutions for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food and beverage markets. Its main products include dispensing pumps, closures, aerosol valves, and elastomeric primary packaging components. The company has manufacturing facilities across the globe including North America, Europe, Asia, and South America. Its primary products are dispensing pumps, closures, aerosol valves, and elastomeric primary packaging components.
ATR is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of A. Earnings are expected to grow 8.6% year-over-year for the current fiscal year, with sales growth of 3.8%.
Four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.14 to $5.19 per share for 2024. ATR boasts an average earnings surprise of 7.8%.
AptarGroup is also cash rich. The company has generated cash flow growth of 5.7%, and is expected to report cash flow expansion of 16.9% in 2024.
Investors should take the time to consider ATR for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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AptarGroup, Inc. (ATR) : Free Stock Analysis Report
