Workflow
Is KBR (KBR) a Solid Growth Stock? 3 Reasons to Think "Yes"
KBRKBR(US:KBR) ZACKSยท2024-10-01 17:46

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with KBR Inc. identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][6]. Earnings Growth - KBR has a historical EPS growth rate of 16.5%, with projected EPS growth of 11.6% for the current year, surpassing the industry average of 11.3% [3]. Asset Utilization Ratio - KBR's asset utilization ratio (sales-to-total-assets) stands at 1.25, indicating that the company generates $1.25 in sales for every dollar in assets, compared to the industry average of 1.14. Additionally, KBR's sales are expected to grow by 9.4% this year, outpacing the industry average of 6.6% [4]. Earnings Estimate Revisions - The current-year earnings estimates for KBR have been revised upward, with the Zacks Consensus Estimate increasing by 0.1% over the past month, indicating a positive trend in earnings estimate revisions [5]. Overall Positioning - KBR holds a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it well for potential outperformance in the growth stock category [6].