For both new and experienced investors, maximizing opportunities in the stock market and investing with confidence are common objectives. One way to simplify the process of finding great stocks is by using the Zacks Style Scores. These scores assess stocks based on their value, growth, and momentum characteristics.
When it comes to growth investors, they prioritize a company’s financial strength, overall health, and future outlook. This is where the Growth Style Score comes into play, analyzing factors such as projected and historical earnings, sales, and cash flow to identify stocks with sustainable growth potential.
Pure Storage Inc. (PSTG) is a company founded in 2009 and based in Mountain View, CA, that offers software-defined all-flash solutions known for their speed and cloud capabilities. With a Zacks Rank of #3 (Hold), a Growth Style Score of A, and a VGM Score of B, Pure Storage is positioned well for growth. Earnings and sales are expected to rise by 14.8% and 10.6% year-over-year, respectively.
In the last 60 days, six analysts have raised their earnings estimates for fiscal 2025, leading to a $0.04 increase in the Zacks Consensus Estimate to $1.63 per share. Pure Storage has also delivered an average earnings surprise of 25% and has shown strong cash flow growth of 41.8%, with an expected expansion of 28.5% in 2025.
With solid fundamentals, a favorable Zacks Rank, and impressive Growth and VGM Style Scores, Pure Storage (PSTG) is a stock that should be on investors’ radars for potential investment opportunities.