Exploring the Growth Potential of NASDAQ:CORT as It Nears a Breakout.

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether CORCEPT THERAPEUTICS INC (NASDAQ:CORT) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but CORCEPT THERAPEUTICS INC has surfaced on our radar for growth with base formation, warranting further examination.

Growth Analysis for NASDAQ:CORT

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NASDAQ:CORT was assigned a score of 9 for growth:

• CORT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.56%, which is quite impressive.
• Looking at the last year, CORT shows a very strong growth in Revenue. The Revenue has grown by 39.65%.
• 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.
• The Earnings Per Share is expected to grow by 49.09% on average over the next years. This is a very strong growth
• Based on estimates for the next years, CORT will show a very strong growth in Revenue. The Revenue will grow by 28.39% on average per year.
• When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
• The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

ChartMill's Evaluation of Health

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:CORT scores a 9 out of 10:

• An Altman-Z score of 25.18 indicates that CORT is not in any danger for bankruptcy at the moment.
• With an excellent Altman-Z score value of 25.18, CORT belongs to the best of the industry, outperforming 94.09% of the companies in the same industry.
• There is no outstanding debt for CORT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• A Current Ratio of 3.70 indicates that CORT has no problem at all paying its short term obligations.
• CORT has a Quick Ratio of 3.64. This indicates that CORT is financially healthy and has no problem in meeting its short term obligations.

Evaluating Profitability: NASDAQ:CORT

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:CORT, the assigned 7 is noteworthy for profitability:

• The Return On Assets of CORT (18.08%) is better than 97.85% of its industry peers.
• Looking at the Return On Equity, with a value of 22.20%, CORT belongs to the top of the industry, outperforming 94.62% of the companies in the same industry.
• Looking at the Return On Invested Capital, with a value of 18.79%, CORT belongs to the top of the industry, outperforming 94.62% of the companies in the same industry.
• CORT's Profit Margin of 22.56% is amongst the best of the industry. CORT outperforms 94.62% of its industry peers.
• The Operating Margin of CORT (22.81%) is better than 89.25% of its industry peers.
• CORT's Gross Margin of 98.44% is amongst the best of the industry. CORT outperforms 98.39% of its industry peers.

Why is NASDAQ:CORT a setup?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:CORT has a 8 as its setup rating:

Besides having an excellent technical rating, CORT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.84, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

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

Check the latest full technical report of CORT for a complete technical analysis.

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.