Why NYSE:AGI Is a Promising High-Growth Stock in the Midst of Consolidation.

Last update: Oct 2, 2024

Exploring Growth Potential: ALAMOS GOLD INC-CLASS A (NYSE:AGI) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and ALAMOS GOLD INC-CLASS A has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected ALAMOS GOLD INC-CLASS A on our screen for growth with base formation, suggesting it merits a closer look.

Unpacking NYSE:AGI's Growth Rating

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NYSE:AGI was assigned a score of 8 for growth:

The Earnings Per Share has grown by an impressive 46.51% over the past year.
AGI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 60.35% yearly.
The Revenue has grown by 17.01% in the past year. This is quite good.
AGI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.44% yearly.
Based on estimates for the next years, AGI will show a very strong growth in Earnings Per Share. The EPS will grow by 27.38% on average per year.
Based on estimates for the next years, AGI will show a quite strong growth in Revenue. The Revenue will grow by 13.43% on average per year.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

Unpacking NYSE:AGI's Health Rating

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:AGI, the assigned 7 for health provides valuable insights:

An Altman-Z score of 5.04 indicates that AGI is not in any danger for bankruptcy at the moment.
AGI has a better Altman-Z score (5.04) than 70.70% of its industry peers.
There is no outstanding debt for AGI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
A Current Ratio of 3.04 indicates that AGI has no problem at all paying its short term obligations.
AGI has a Current ratio of 3.04. This is in the better half of the industry: AGI outperforms 63.06% of its industry peers.
With a decent Quick ratio value of 1.97, AGI is doing good in the industry, outperforming 61.15% of the companies in the same industry.

Understanding NYSE:AGI's Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:AGI has earned a 8 out of 10:

The Return On Assets of AGI (4.77%) is better than 75.80% of its industry peers.
AGI has a Return On Equity of 6.49%. This is in the better half of the industry: AGI outperforms 68.79% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.50%, AGI is in the better half of the industry, outperforming 75.80% of the companies in the same industry.
The last Return On Invested Capital (7.50%) for AGI is above the 3 year average (5.43%), which is a sign of increasing profitability.
The Profit Margin of AGI (17.73%) is better than 91.08% of its industry peers.
In the last couple of years the Profit Margin of AGI has grown nicely.
AGI has a Operating Margin of 33.43%. This is amongst the best in the industry. AGI outperforms 91.72% of its industry peers.
In the last couple of years the Operating Margin of AGI has grown nicely.
Looking at the Gross Margin, with a value of 58.01%, AGI belongs to the top of the industry, outperforming 92.36% of the companies in the same industry.
AGI's Gross Margin has improved in the last couple of years.

Looking at the Setup

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:AGI is 7:

AGI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of AGI

Check the latest full technical report of AGI for a complete technical analysis.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.