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Why APPLOVIN CORP-CLASS A (NASDAQ:APP) qualifies as a high growth stock.

By Mill Chart

Last update: Jun 4, 2024

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


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Exploring Why NASDAQ:APP Holds Promise for Growth Investors.

  • APPLOVIN CORP-CLASS A exhibits a strong Return on Equity (ROE) of 78.16%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • APPLOVIN CORP-CLASS A has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
  • With notable 1-year revenue growth of 24.73%, APPLOVIN CORP-CLASS A exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
  • APPLOVIN CORP-CLASS A has demonstrated strong q2q revenue growth of 47.9%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • With positive growth in its operating margin over the past year, APPLOVIN CORP-CLASS A showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
  • The free cash flow (FCF) of APPLOVIN CORP-CLASS A has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
  • The quarterly earnings of APPLOVIN CORP-CLASS A have shown a 7.0K% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • The average next Quarter EPS Estimate by analysts was adjusted by 22.73%, reflecting the evolving market expectations for the company's EPS growth.
  • The recent financial report of APPLOVIN CORP-CLASS A demonstrates a 7.0K% 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
  • APPLOVIN CORP-CLASS A shows accelerating EPS growth: when comparing the current Q2Q growth of 7.0K% to the previous year Q2Q growth of 96.77%, we see the growth rate improving.

Fundamental analysis of NASDAQ:APP

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Taking everything into account, APP scores 6 out of 10 in our fundamental rating. APP was compared to 277 industry peers in the Software industry. APP is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. APP is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes APP very considerable for growth investing!

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

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

Keep in mind

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.

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APPLOVIN CORP-CLASS A

NASDAQ:APP (12/20/2024, 8:00:00 PM)

After market: 344.67 +3.68 (+1.08%)

340.99

+22.25 (+6.98%)

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