Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Flowserve (FLS) is currently highlighted as a recommended growth stock by the Zacks Growth Style Score system, which evaluates a company's growth prospects beyond traditional metrics [2] - Flowserve has a favorable Growth Score and a top Zacks Rank, indicating strong potential for performance [2][10] Group 2: Earnings Growth - Historical EPS growth for Flowserve stands at 19.6%, but projected EPS growth for this year is expected to be 30.4%, significantly surpassing the industry average of 7.6% [5] Group 3: Asset Utilization - Flowserve's asset utilization ratio (sales-to-total-assets ratio) is 0.83, indicating that the company generates $0.83 in sales for every dollar in assets, which is higher than the industry average of 0.79 [6] Group 4: Sales Growth - The company's sales are projected to grow by 4.9% this year, compared to an industry average of 0% [7] Group 5: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Flowserve, with the Zacks Consensus Estimate for the current year increasing by 2.5% over the past month [8]
Here is Why Growth Investors Should Buy Flowserve (FLS) Now