Why NASDAQ:CORT Is a Promising High-Growth Stock in the Midst of Consolidation.

Exploring Growth Potential: CORCEPT THERAPEUTICS INC (NASDAQ:CORT) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and CORCEPT THERAPEUTICS INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected CORCEPT THERAPEUTICS INC on our screen for growth with base formation, suggesting it merits a closer look.

Assessing Growth for NASDAQ:CORT

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NASDAQ:CORT has received a 8 out of 10:

• The Earnings Per Share has grown by an impressive 29.27% over the past year.
• CORT shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.48%.
• Measured over the past years, CORT shows a quite strong growth in Revenue. The Revenue has been growing by 13.94% on average per year.
• Based on estimates for the next years, CORT will show a very strong growth in Earnings Per Share. The EPS will grow by 26.44% on average per year.
• The Revenue is expected to grow by 16.69% on average over the next years. This is quite good.
• The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

What does the Health looks like for NASDAQ:CORT

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:CORT has received a 9 out of 10:

• An Altman-Z score of 21.28 indicates that CORT is not in any danger for bankruptcy at the moment.
• CORT has a Altman-Z score of 21.28. This is amongst the best in the industry. CORT outperforms 92.19% of its industry peers.
• CORT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• CORT has a Current Ratio of 5.18. This indicates that CORT is financially healthy and has no problem in meeting its short term obligations.
• CORT has a better Current ratio (5.18) than 63.02% of its industry peers.
• A Quick Ratio of 5.10 indicates that CORT has no problem at all paying its short term obligations.
• CORT has a Quick ratio of 5.10. This is in the better half of the industry: CORT outperforms 64.06% of its industry peers.

Profitability Insights: NASDAQ:CORT

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:CORT scores a 8 out of 10:

• CORT has a Return On Assets of 17.99%. This is amongst the best in the industry. CORT outperforms 96.88% of its industry peers.
• With an excellent Return On Equity value of 21.54%, CORT belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
• Looking at the Return On Invested Capital, with a value of 18.83%, CORT belongs to the top of the industry, outperforming 95.31% of the companies in the same industry.
• Measured over the past 3 years, the Average Return On Invested Capital for CORT is above the industry average of 18.14%.
• With an excellent Profit Margin value of 22.54%, CORT belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
• The Operating Margin of CORT (23.30%) is better than 91.15% of its industry peers.
• The Gross Margin of CORT (98.55%) is better than 99.48% of its industry peers.

How does the Setup look for NASDAQ:CORT

ChartMill takes into account not only the Technical Rating but also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, NASDAQ:CORT exhibits a 8 setup rating, indicating its consolidation status in recent days and weeks.

Besides having an excellent technical rating, CORT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 31.00, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of CORT

For an up to date full technical analysis you can check the technical report of CORT

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.