Yahoo Finance Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
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
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.
UGI (UGI)
UGI Corporation is a holding company, which distributes, stores, transports and markets energy products and related services through its subsidiaries. It is a domestic and international retail distributor of propane and butane liquefied petroleum gases (LPG); a provider of natural gas and electric service via regulated local distribution utilities; a generator of electricity and a regional marketer of energy commodities. The company was founded in 1882. UGI Corporation has 10,000 employees and serves more than 2.6 million customers.
UGI sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 2.8% and 13% year-over-year, respectively.
Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $2.92 per share for 2024. UGI boasts an average earnings surprise of 19.1%.
On a historic basis, UGI has generated cash flow growth of 13.9%, and is expected to report cash flow expansion of 57.4% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, UGI should be on investors' short lists.
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UGI Corporation (UGI) : Free Stock Analysis Report
