Why KBR Inc. (KBR) is a Top Growth Stock for the Long-Term
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
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.
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 boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 7% year-over-year for 2023, while Wall Street anticipates its top line to improve by 6.9%.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0 to $2.90 per share. KBR also boasts an average earnings surprise of 10.8%.
On a historic basis, KBR Inc. has generated cash flow growth of 15.9%, and is expected to report cash flow expansion of 7.2% this year.
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
