High growth, ROE and beating expectations for NASDAQ:COIN: growth investors may appreciate this.

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

Highlighting Notable Growth Metrics of NASDAQ:COIN.

• COINBASE GLOBAL INC -CLASS A has a healthy Return on Equity(ROE) of 17.72%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• COINBASE GLOBAL INC -CLASS A has exceeded EPS estimates 3 times in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• With notable 1-year revenue growth of 74.65%, COINBASE GLOBAL INC -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.
• COINBASE GLOBAL INC -CLASS A has demonstrated strong q2q revenue growth of 105.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The operating margin of COINBASE GLOBAL INC -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.
• COINBASE GLOBAL INC -CLASS A has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• COINBASE GLOBAL INC -CLASS A has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 128.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Analysts' average next Quarter EPS Estimate for COINBASE GLOBAL INC -CLASS A has witnessed a 16.88% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The quarterly earnings of COINBASE GLOBAL INC -CLASS A have shown a 128.0% 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 COINBASE GLOBAL INC -CLASS A: the current Q2Q growth of 128.0% exceeds the previous year Q2Q growth of 89.5%.

A complete fundamental analysis of NASDAQ:COIN

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Overall COIN gets a fundamental rating of 4 out of 10. We evaluated COIN against 219 industry peers in the Capital Markets industry. COIN has an average financial health and profitability rating. COIN shows excellent growth, but is valued quite expensive already.

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

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

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.