Is Stantec (STN) a Solid Growth Stock? 3 Reasons to Think "Yes"

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Stantec (STN) is highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 18.1%, with projected EPS growth of 15.7% this year, significantly outperforming the industry average of 3.9% [4] Group 2: Financial Metrics - Stantec's year-over-year cash flow growth stands at 17.2%, exceeding the industry average of 12.6% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 28.8%, compared to the industry average of 8.3% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Stantec, with the Zacks Consensus Estimate for the current year increasing by 1.5% over the past month [8] - Stantec has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, indicating strong potential for outperformance [10]