Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks is challenging due to inherent volatility and risks [1] Group 1: Company Overview - Stantec (STN) is highlighted as a promising growth stock, recommended by the Zacks Growth Style Score system, which evaluates a company's growth potential beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong investment potential [2] Group 2: Earnings Growth - Stantec has a historical EPS growth rate of 18.1%, with projected EPS growth of 10.7% for the current year, significantly outperforming the industry average of 5.4% [5] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Stantec is reported at 17.2%, exceeding the industry average of 12.6% [6] - Over the past 3-5 years, Stantec's annualized cash flow growth rate has been 28.8%, compared to the industry average of 8.3% [7] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Stantec, with the Zacks Consensus Estimate for the current year increasing by 4.9% over the past month [8] Group 5: Investment Positioning - Stantec's combination of a Zacks Rank 2 and a Growth Score of A positions it well for potential outperformance, making it an attractive option for growth investors [10]
Here is Why Growth Investors Should Buy Stantec (STN) Now