Allient (ALNT) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates is challenging due to inherent risks and volatility [1] Group 1: Company Overview - Allient (ALNT) 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] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for performance [2] Group 2: Earnings Growth - Allient's historical EPS growth rate stands at 14.1%, but the projected EPS growth for this year is significantly higher at 34%, surpassing the industry average of 20.2% [5] Group 3: Asset Utilization - Allient's asset utilization ratio (sales-to-total-assets ratio) is 0.91, indicating that the company generates $0.91 in sales for every dollar in assets, which is above the industry average of 0.72 [6] Group 4: Sales Growth - The company's sales are expected to grow by 1.6% this year, while the industry average is stagnant at 0% [7] Group 5: Earnings Estimate Revisions - The current-year earnings estimates for Allient have been revised upward, with the Zacks Consensus Estimate increasing by 4% over the past month, indicating positive momentum [9] Group 6: Conclusion - Allient has achieved a Zacks Rank 1 and a Growth Score of B, suggesting it is a strong candidate for growth investors and has the potential to outperform [11]