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Should you consider NASDAQ:APP for growth investing?

By Mill Chart

Last update: Jun 26, 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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Key Considerations for Growth Investors.

  • APPLOVIN CORP-CLASS A has a healthy Return on Equity(ROE) of 78.16%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • APPLOVIN CORP-CLASS A 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.
  • APPLOVIN CORP-CLASS A has demonstrated strong 1-year revenue growth of 24.73%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 47.9%, APPLOVIN CORP-CLASS A showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • The operating margin of APPLOVIN CORP-CLASS A has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
  • With a favorable trend in its free cash flow (FCF) over the past year, APPLOVIN CORP-CLASS A 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.
  • The earnings per share (EPS) of APPLOVIN CORP-CLASS A have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 7.0K% increase. This reflects the company's ability to improve its profitability over time.
  • Over the past 3 months, analysts have adjusted their EPS Estimate for APPLOVIN CORP-CLASS A with a 24.14% change. This highlights the evolving outlook on the company's EPS potential.
  • 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
  • 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.

What else is there to say on the fundamentals of NASDAQ:APP?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Overall APP gets a fundamental rating of 6 out of 10. We evaluated APP against 276 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes APP very considerable for growth investing!

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

Our Lois Navellier screen will find you more ideas suited for growth investing.

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 (9/25/2024, 8:00:00 PM)

After market: 131.333 +0.62 (+0.48%)

130.71

+1.63 (+1.26%)

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