For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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.
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.
Dublin, Ireland-based Eaton Corporation plc is a diversified power management company and a global technology leader in electrical components and systems. It sells products in more than 160 countries and has in excess of 85,000 employees. The company was founded in 1911.
ETN is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 11.4% year-over-year for the current fiscal year, with sales growth of 7.5%.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0 to $12.03 per share. ETN boasts an average earnings surprise of 3%.
On a historic basis, Eaton has generated cash flow growth of 9.9%, and is expected to report cash flow expansion of 14.3% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, ETN should be on investors’ short lists.
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Eaton Corporation, PLC (ETN) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).