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.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
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.
Leidos (LDOS)
Founded in 1969, Delaware-based Leidos Holdings, Inc. is a global science and technology leader that serves the defense, intelligence, civil and health markets. Its core capabilities include providing solutions in the fields of cybersecurity; data analytics; enterprise IT modernization; operations and logistics; sensors, collection and phenomenology; software development; and systems engineering. Outside the United States, the company’s international customers include foreign governments and their agencies, primarily located in the United Kingdom, the Middle East and Australia.
LDOS is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of B and VGM Score of A. Earnings are expected to grow 14.7% year-over-year for the current fiscal year, with sales growth of 4.1%.
Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.70 to $8.37 per share. LDOS boasts an average earnings surprise of 23.4%.
Looking at cash flow, Leidos is expected to report cash flow growth of 55.5% this year; LDOS has generated cash flow growth of 15.8% over the past three to five years.
LDOS should be on investors’ short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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Leidos Holdings, Inc. (LDOS) : Free Stock Analysis Report
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