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Is NASDAQ:APP suited for growth investing?

By Mill Chart

Last update: Jul 17, 2024

In this article we will dive into APPLOVIN CORP-CLASS A (NASDAQ:APP) as a possible candidate for growth investing. Investors should always do their own research, but we noticed APPLOVIN CORP-CLASS A showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.


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Exploring Why NASDAQ:APP Holds Promise for Growth Investors.

  • The Return on Equity (ROE) of APPLOVIN CORP-CLASS A stands at 78.16%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • 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.
  • 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.
  • APPLOVIN CORP-CLASS A has achieved significant quarter-to-quarter (Q2Q) revenue growth of 47.9%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
  • 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.
  • 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.
  • With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), APPLOVIN CORP-CLASS A highlights its ability to generate increasing profitability, showcasing a 7.0K% growth.
  • Over the past 3 months, analysts have adjusted their EPS Estimate for APPLOVIN CORP-CLASS A with a 23.86% 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
  • accelerating EPS growth for APPLOVIN CORP-CLASS A: the current Q2Q growth of 7.0K% exceeds the previous year Q2Q growth of 96.77%.

Fundamental analysis of NASDAQ:APP

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Overall APP gets a fundamental rating of 6 out of 10. We evaluated APP against 275 industry peers in the Software industry. APP has an excellent financial health rating, but there are some minor concerns on its profitability. APP is growing strongly while it is still valued neutral. This is a good combination! This makes APP very considerable for growth investing!

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

More growth stocks can be found 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.

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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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