Here is Why Growth Investors Should Buy ProDex (PDEX) Now

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. Pro-Dex, Inc. (PDEX) is highlighted as a promising growth stock based on its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Pro-Dex has a historical EPS growth rate of 9.1%, but the projected EPS growth for this year is expected to be 368.3%, significantly surpassing the industry average of 8.2% [4]. - Double-digit earnings growth is preferred by growth investors, indicating strong prospects for stock price gains [3]. Group 2: Asset Utilization - Pro-Dex has an asset utilization ratio (sales-to-total-assets ratio) of 1.11, indicating that the company generates $1.11 in sales for every dollar in assets, compared to the industry average of 0.8, showcasing higher efficiency [5]. Group 3: Sales Growth - The company's sales are projected to grow by 24.4% this year, which is substantially higher than the industry average of 2.5% [6]. Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Pro-Dex, with the Zacks Consensus Estimate for the current year increasing by 22.2% over the past month, indicating favorable market sentiment [8][7]. Group 5: Overall Positioning - Pro-Dex has achieved a Growth Score of B and a Zacks Rank of 2 due to positive earnings estimate revisions, positioning it well for potential outperformance in the growth stock category [10].