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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.
San Diego, CA-based Halozyme Therapeutics is a biopharmaceutical company, focused on the development and commercialization of novel treatments for oncology indications by targeting tumor microenvironment. The company also licenses its novel drug delivery technology, ENHANZE, for subcutaneous (SC) administration of drugs.
HALO is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of A. Earnings are expected to grow 46.2% year-over-year for the current fiscal year, with sales growth of 21%.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.10 to $4.05 per share. HALO boasts an average earnings surprise of 14.9%.
Looking at cash flow, Halozyme Therapeutics is expected to report cash flow growth of 19.7% this year; HALO has generated cash flow growth of 48.7% over the past three to five years.
HALO should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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Halozyme Therapeutics, Inc. (HALO) : Free Stock Analysis Report
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