Published on 30 Nov 2021 on Zacks via Yahoo Finance
Is West Pharmaceutical Services (WST) 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, they 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 West Pharmaceutical Services, Inc. WST. This firm, which is in the Medical - Dental Supplies industry, saw EPS growth of 46.9% 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 77.1%. Furthermore, the long-term growth rate is currently an impressive 27.7%, suggesting pretty good prospects for the long haul.