KINROSS GOLD CORP (NYSE:KGC) – A Strong Contender for Growth Investors

KINROSS GOLD CORP (NYSE:KGC) stands out as a compelling candidate for investors following Louis Navellier’s growth strategy. The company meets several key criteria outlined in The Little Book That Makes You Rich, demonstrating strong earnings momentum, improving profitability, and solid cash flow growth. Below, we examine why KGC fits this investment approach.

Key Strengths Based on Navellier’s Criteria

• Positive Earnings Revisions & Surprises
  KGC has seen a 5.4% upward revision in next-quarter EPS estimates over the past three months. Additionally, it has beaten earnings expectations in three of the last four quarters, with an average surprise of 16.5%.

• Strong Sales & Earnings Growth
  Revenue growth remains robust, with 26.7% year-over-year and 38.5% quarter-over-quarter increases. EPS growth is even more impressive, up 87.2% year-over-year and 200% quarter-over-quarter.

• Expanding Operating Margins
  Operating margins have improved by 43.7% over the past year, indicating better cost efficiency as sales grow.

• High Cash Flow Growth
  Free cash flow surged 170.4% in the last year, reinforcing the company’s financial flexibility.

• Solid Return on Equity (ROE)
  KGC’s ROE of 13.8% is above the industry average, reflecting effective use of shareholder capital.

Fundamental Snapshot

KGC’s financial health is sound, with strong profitability metrics and manageable debt levels. The stock trades at reasonable valuations, with a P/E ratio of 16.7, below both the industry and S&P 500 averages. However, future earnings growth estimates suggest a slowdown, which investors should monitor.

For a deeper dive into KGC’s financials, review the full fundamental analysis report.

Our Louis Navellier Growth Strategy screener provides more stocks that fit this investment approach.

Disclaimer

This is not investing advice. Always conduct your own research before making investment decisions.