Yahoo Finance Here's Why NCR (NCR) is a Strong Growth Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
NCR (NCR)
NCR Corporation offers payments processing, multi-vendor connected-device services, automated teller machines (ATMs), point of sale (POS) terminals and self-service technologies.
NCR boasts a Growth Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 31.7% year-over-year for 2023, while Wall Street anticipates its top line to improve by 1.4%.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.02 to $3.45 per share. NCR also boasts an average earnings surprise of 19.6%.
Looking at cash flow, NCR is expected to report cash flow growth of 12% this year; NCR has generated cash flow growth of 2.4% over the past three to five years.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, NCR should be on investors' short lists.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NCR Corporation (NCR) : Free Stock Analysis Report
