Is Bitauto Holdings (BITA) a Great Growth Stock? - Tale of the Tape
One such company that might be well-positioned for future earnings growth is Bitauto Holdings Limited (NYSE: BITA). This firm, which is in the internet services industry, saw EPS growth of 79.3% 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 62.1%. Furthermore, the long-term growth rate is currently an impressive 25%, suggesting pretty good prospects for the long haul.
And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 30.5%. Thanks to this rise in earnings estimates, BITA has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company.
So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider BITA. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for BITA as well.
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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.