Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses.
One such company that might be well-positioned for future earnings growth is GrubHub Inc. . This firm, which is in the Internet - Delivery Services industry, saw EPS growth of 96.7% last year, and is looking great for this year too.
In fact, the current growth estimate for this year calls for earnings-per-share growth of 30.1%. Furthermore, the long-term growth rate is currently an impressive 19.6%, suggesting pretty good prospects for the long haul.
And if this wasn’t enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 1.9%. Thanks to this rise in earnings estimates, GRUB has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider GRUB. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for GRUB as well.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>
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Is GrubHub (GRUB) a Great Growth Stock?
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses.
One such company that might be well-positioned for future earnings growth is GrubHub Inc. . This firm, which is in the Internet - Delivery Services industry, saw EPS growth of 96.7% last year, and is looking great for this year too.
In fact, the current growth estimate for this year calls for earnings-per-share growth of 30.1%. Furthermore, the long-term growth rate is currently an impressive 19.6%, suggesting pretty good prospects for the long haul.
GRUBHUB INC Price and Consensus
GRUBHUB INC Price and Consensus | GRUBHUB INC Quote
And if this wasn’t enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 1.9%. Thanks to this rise in earnings estimates, GRUB has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider GRUB. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for GRUB as well.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>