Here's Why KBR Inc. (KBR) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
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. Presently, the company has customers in more than 90 countries and operations in 34 countries.
KBR is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 6.3% year-over-year for the current fiscal year, with sales growth of 7.6%.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.01 to $2.88 per share. KBR boasts an average earnings surprise of 14.1%.
Looking at cash flow, KBR Inc. is expected to report cash flow growth of 7.2% this year; KBR has generated cash flow growth of 15.9% over the past three to five years.
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
