3 Reasons Why Growth Investors Shouldn't Overlook Ashtead Group (ASHTY)

Core Viewpoint - Growth investors are attracted to stocks with above-average financial growth, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Ashtead Group PLC (ASHTY) is currently recommended as a cutting-edge growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] Group 2: Earnings Growth - The historical EPS growth rate for Ashtead Group is 17%, with projected EPS growth expected to be 28.7% this year, significantly surpassing the industry average of 15.4% [5] Group 3: Cash Flow Growth - Ashtead Group's year-over-year cash flow growth is 3.4%, exceeding many peers and the industry average of 0%. The company's annualized cash flow growth rate over the past 3-5 years is 32%, compared to the industry average of 10.3% [6][7] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Ashtead Group have been revised upward, with the Zacks Consensus Estimate increasing by 12.5% over the past month, indicating a positive trend in earnings estimate revisions [8] Group 5: Investment Potential - Ashtead Group holds a Zacks Rank of 2 (Buy) and a Growth Score of B, suggesting it is a potential outperformer and a solid choice for growth investors [9][10]