Workflow
Here is Why Growth Investors Should Buy Napco (NSSC) Now
NAPCO Security TechnologiesNAPCO Security Technologies(US:NSSC) zacks.comยท2024-05-20 17:46

Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying stocks that can fulfill their potential is challenging [1] Group 1: Company Overview - Napco (NSSC) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth [2] Group 2: Earnings Growth - Napco's historical EPS growth rate is 34.8%, but the projected EPS growth for this year is significantly higher at 84.2%, compared to the industry average of 11.7% [5] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Napco is 66.4%, which surpasses the industry average of 8.1% [6] - Over the past 3-5 years, Napco's annualized cash flow growth rate has been 26.3%, compared to the industry average of 7.3% [7] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Napco have been revised upward, with the Zacks Consensus Estimate increasing by 3.5% over the past month [8] Group 5: Investment Positioning - Napco has earned a Growth Score of B and carries a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [9][10]