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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
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.
Blackbaud (BLKB)
Headquartered in Charleston, SC, Blackbaud Inc. is a leading cloud software company working for social causes. The company combines technology and expertise to help organizations achieve their missions. It offers a full spectrum of cloud-based and on-premise software solutions and related services for organizations of all sizes including: fundraising, marketing, advocacy, customer relationship management (“CRM”), corporate social responsibility ("CSR"), peer-to-peer fundraising, financial management, payment processing and analytics.
BLKB is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 3.9% year-over-year for the current fiscal year, with sales growth of 3.1%.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.03 to $4.23 per share. BLKB also boasts an average earnings surprise of 1.2%.
Looking at cash flow, Blackbaud is expected to report cash flow growth of 10% this year; BLKB has generated cash flow growth of 10.8% over the past three to five years.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, BLKB should be on investors' short lists.
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Blackbaud, Inc. (BLKB) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).