With numbers for Q4 earnings season coming up, here’s a quick look at the fastest-growing companies expecting at least 50% EPS growth in their next quarterly report. Crocs (CROX), JD.com (JD), Shopify (SHOP) and Etsy (ETSY) lead 17 stocks that make the cut.
Sinclair Broadcasting (SBGI) tops the list with consensus analyst estimates calling for 966% earnings growth.
Floor & Decor (FND) and Dick’s Sporting Goods (DKS) join CROX, SHOP stock ETSY stock in earning a spot among today’s fastest-growing stocks.
Not surprisingly, many of these leading growth stocks have also garnered mention on IBD’s top stock lists. ETSY, CROX, and FND stock are all on the IBD 50., while Etsy stock is also on the IBD Big Cap 20.
Shopify stock and Etsy make on Sector Leaders, IBD’s most stringent screen. As one of the leading IPO stocks to watch, InMode (INMD) is on IPO Leaders, and SBGI stock and EnsignENSG are featured on Stock Spotlight.
Who Makes This List Of Fastest-Growing Stocks?
To make this screen of the fastest-growing stocks, each stock must have consensus analyst estimates calling for at least 50% earnings growth for Q4 2020 or their next fiscal quarter report.
Also, each company must have a 95 or higher Composite Rating, indicating the stock is outperforming at least 95% of all stocks in terms of the most important stock-picking criteria. Additionally, the screen requires an 80 or better score for each company’s EPS Rating and RS Rating.
And to avoid extremely thinly traded names, each of these growth stocks must trade at least 400,000 shares per day on average and have a share price north of $12.
Fastest-Growing Companies For Q4 2020
List created in MarketSmith | Data as of 1/27/21
Follow upcoming earnings reports with this earnings calendar.
|Company||Symbol||EPS Est Cur Qtr %||EPS Rtg||RS Rtg||SMR Rtg||Comp Rtg|
|Sinclair Broadcast Group||SBGI||966||87||85||B||97|
|Cowen Inc Cl A||COWN||578||99||85||B||99|
|Shopify Inc Cl A||SHOP||172||98||80||B||96|
|JD.com Inc Cl A Ads||JD||150||97||87||A||99|
|Hilltop Hldgs Inc||HTH||138||90||81||A||99|
|Builders Firstsource Inc||BLDR||125||90||84||B||97|
|Ultra Clean Holdings Inc||UCTT||78||98||90||B||99|
|Marvell Technology Group||MRVL||71||88||84||B||97|
|Dicks Sporting Goods Inc||DKS||67||85||81||B||96|
|Floor & Decor Hldgs Cl A||FND||65||90||85||A||95|
|Academy Sports & Outdoor||ASO||54||99||88||B||99|
Follow Matthew Galgani on Twitter at @IBD_MGalgani.
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View more information: https://www.investors.com/research/fastest-growing-stocks-to-watch-q4-2020/