Why the growth investor may take a look at ALKERMES PLC (NASDAQ:ALKS).

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ALKERMES PLC (NASDAQ:ALKS) is suited for growth investing. Investors should of course do their own research, but we spotted ALKERMES PLC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Exploring Why NASDAQ:ALKS Holds Promise for Growth Investors.

• The Return on Equity(ROE) of ALKERMES PLC is 15.85%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• ALKERMES PLC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• With impressive 1-year revenue growth of 40.56%, ALKERMES PLC showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• The q2q revenue growth of 50.91% of ALKERMES PLC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• With a favorable trend in its operating margin over the past year, ALKERMES PLC demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• With a favorable trend in its free cash flow (FCF) over the past year, ALKERMES PLC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), ALKERMES PLC highlights its ability to generate increasing profitability, showcasing a 3.0K% growth.
• The average next Quarter EPS Estimate by analysts was adjusted by 7.33%, reflecting the evolving market expectations for the company's EPS growth.
• The recent financial report of ALKERMES PLC demonstrates a 3.0K% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• accelerating EPS growth for ALKERMES PLC: the current Q2Q growth of 3.0K% exceeds the previous year Q2Q growth of -85.71%.

Fundamental analysis of NASDAQ:ALKS

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, ALKS scores 6 out of 10 in our fundamental rating. ALKS was compared to 602 industry peers in the Biotechnology industry. Both the profitability and the financial health of ALKS get a neutral evaluation. Nothing too spectacular is happening here. ALKS is growing strongly while it also seems undervalued. This is an interesting combination These ratings could make ALKS a good candidate for value and growth investing.

Check the latest full fundamental report of ALKS for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.