Maybe, but that's not the intent of the Coverfly Score.
If you go to a producer and tell them that your project has a Coverfly Score of 550 (a very strong score), they may not care and they may not have even heard of Coverfly yet. They'll likely care more about the underlying competition placements that led to that score.
However, having a high Coverfly Score will give you more exposure on The Red List and our Industry Dashboard, which has led to representation and paid options for writers through Coverfly in the past. A high Coverfly Score will put your project above another project with a lower score in industry search results.
In other words, your Coverfly Score is just a metric used to give top projects exposure, but the Coverfly Score itself may not always be meaningful to industry executives.