Gaining maximum profit from the stock market and investing with self-assurance are shared objectives for both novice and seasoned investors.
The Zacks Style Scores are a one-of-a-kind set of rules for evaluating companies according to three widely used investing methodologies: growth, momentum, and value. They make it easier to achieve these goals. You can use the Style Scores to narrow down your stock selection to those that have a better chance of outperforming the market in the long run.
Companies with solid financial footing and promising futures are the building blocks of growth investors' portfolios. The Growth Style Score is a tool for sifting through past and forecast sales, profits, and cash flow to find businesses with sustainable growth potential.
Global leader in comprehensive flow control systems, Flowserve Corporation was established in 1912 and is located in Irving, TX. The company also offers aftermarket services.
FLS has a Growth Style Score of B and a VGM Score of B, making it a Zacks Rank #3 (Hold) company. For the current fiscal year, analysts predict a 21% increase in earnings on top of a 5.7% increase in sales.
In the previous sixty days, three analysts have raised their profits prediction for fiscal year 2024. Shares of Zacks Consensus Estimate have risen $0.54 to $2.54. The average earnings surprise for FLS is 29.3 percent.
Flowserve has a lot of money on hand as well. The company's cash flow has grown by 1.1% thus far, and by 2024, it expects to have grown by 53.6%.
The strong Zacks Rank, noteworthy growth indicators, and outstanding Growth and VGM Style Scores of FLS make it a good candidate for investors' portfolios.
follow for more updates