Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Jacobs Solutions is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's growth prospects beyond traditional metrics [2] - The company holds a top Zacks Rank, indicating strong potential for performance [2] Group 2: Earnings Growth - Historical EPS growth for Jacobs Solutions is 0.2%, but projected EPS growth for this year is 16.5%, significantly higher than the industry average of 10.6% [5] Group 3: Asset Utilization - Jacobs Solutions has an asset utilization ratio (sales-to-total-assets ratio) of 1.09, outperforming the industry average of 0.85, indicating efficient asset use to generate sales [6] Group 4: Sales Growth - The company's sales are expected to grow by 9.4% this year, compared to the industry average of 4.2%, showcasing strong sales growth potential [7] Group 5: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Jacobs Solutions, with the Zacks Consensus Estimate for the current year increasing by 0.9% over the past month [8] Group 6: Investment Positioning - Jacobs Solutions has achieved a Zacks Rank of 2 and a Growth Score of A, positioning it well for potential outperformance in the growth stock category [10]
3 Reasons Growth Investors Will Love Jacobs Solutions (J)