Yahoo Finance Why Flowserve (FLS) is a Top Growth Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
Flowserve (FLS)
Founded in 1912 and headquartered at Irving, TX, Flowserve Corporation is a leading manufacturer and aftermarket service provider of comprehensive flow control systems, globally.
FLS is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 26.7% year-over-year for the current fiscal year, with sales growth of 5.8%.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.12 to $2.66 per share. FLS also boasts an average earnings surprise of 21.7%.
On a historic basis, Flowserve has generated cash flow growth of 1.1%, and is expected to report cash flow expansion of 53.6% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, FLS should be on investors' short lists.
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Flowserve Corporation (FLS) : Free Stock Analysis Report
