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Why Vistra Energy (VST) Could Be an Impressive Growth Stock

Zacks Equity Research
·2 min read

Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses.

One such company that might be well-positioned for future earnings growth is Vistra Energy Corp. VST. This firm, which is in the Utility - Electric Power industry, saw significant EPS growth last year, and is looking great for this year too.

In fact, the current growth estimate for this year calls for earnings-per-share growth of 26.8%. Furthermore, the long-term growth rate is currently an impressive 18.9%, suggesting pretty good prospects for the long haul.

Vistra Energy Corp. Price and Consensus

Vistra Energy Corp. Price and Consensus
Vistra Energy Corp. Price and Consensus

Vistra Energy Corp. price-consensus-chart | Vistra Energy Corp. Quote

And if this wasn’t enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 5.9%. Thanks to this rise in earnings estimates, VST has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today’s Zacks #1 Rank stocks here.

So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider VST. Not only does it have double-digit earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for VST as well.

Zacks’ Single Best Pick to Double

From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.

Its stock price is already starting to resume its upward arc. The sky’s the limit! And the earlier you get in, the greater your potential gain.

Click Here, See It Free >>


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Vistra Energy Corp. (VST) : Free Stock Analysis Report
 
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Zacks Investment Research