Here's Why KBR Inc. (KBR) is a Strong Growth Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
KBR Inc. (KBR)
KBR, Inc. is a global engineering, construction and services firm supporting the market segments of global energy and international government services. The company has customers in more than 80 countries and operations in 33 countries.
KBR sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 7% and 7.2% year-over-year, respectively.
Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $2.90 per share for 2023. KBR boasts an average earnings surprise of 10.8%.
KBR Inc. is also cash rich. The company has generated cash flow growth of 15.9%, and is expected to report cash flow expansion of 7.2% in 2023.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, KBR should be on investors' short lists.
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KBR, Inc. (KBR) : Free Stock Analysis Report
