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NYSE:AGI—A High-Growth Stock Gearing Up for Its Next Upward Move.

By Mill Chart

Last update: Oct 31, 2024

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether ALAMOS GOLD INC-CLASS A (NYSE:AGI) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but ALAMOS GOLD INC-CLASS A has surfaced on our radar for growth with base formation, warranting further examination.


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A Closer Look at Growth for NYSE:AGI

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:AGI boasts a 8 out of 10:

  • AGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 46.51%, which is quite impressive.
  • 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.
  • The Revenue has been growing by 9.44% on average over the past years. This is quite good.
  • AGI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.38% yearly.
  • The Revenue is expected to grow by 13.43% on average over the next years. This is quite good.
  • 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 utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:AGI has earned a 7 out of 10:

  • An Altman-Z score of 5.23 indicates that AGI is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 5.23, AGI is doing good in the industry, outperforming 71.34% of the companies in the same industry.
  • AGI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
  • AGI has a Current Ratio of 3.04. This indicates that AGI is financially healthy and has no problem in meeting its short term obligations.
  • AGI's Current ratio of 3.04 is fine compared to the rest of the industry. AGI outperforms 61.78% of its industry peers.

Profitability Assessment of NYSE:AGI

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:AGI has achieved a 8:

  • AGI's Return On Assets of 4.77% is fine compared to the rest of the industry. AGI outperforms 75.16% of its industry peers.
  • AGI has a better Return On Equity (6.49%) than 68.15% of its industry peers.
  • AGI's Return On Invested Capital of 7.50% is fine compared to the rest of the industry. AGI outperforms 75.80% of its industry peers.
  • The 3 year average ROIC (5.43%) for AGI is below the current ROIC(7.50%), indicating increased profibility in the last year.
  • The Profit Margin of AGI (17.73%) is better than 91.08% of its industry peers.
  • AGI's Profit Margin has improved in the last couple of years.
  • AGI has a Operating Margin of 33.43%. This is amongst the best in the industry. AGI outperforms 91.72% of its industry peers.
  • AGI's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 48.88%, AGI belongs to the best of the industry, outperforming 89.17% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AGI has grown nicely.

How do we evaluate the setup for NYSE:AGI?

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 8:

AGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AGI in the last couple of days, which is a good sign.

More Strong Growth stocks can be found in our Strong Growth screener.

Our latest full fundamental report of AGI contains the most current fundamental analsysis.

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

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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