NASDAQ:CRWD, a strong growth stock, setting up for a breakout.

Last update: Oct 30, 2024

In this article we will dive into CROWDSTRIKE HOLDINGS INC - A (NASDAQ:CRWD) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CROWDSTRIKE HOLDINGS INC - A showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.

Growth Examination for NASDAQ:CRWD

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:CRWD boasts a 9 out of 10:

The Earnings Per Share has grown by an impressive 71.56% over the past year.
Measured over the past years, CRWD shows a very strong growth in Earnings Per Share. The EPS has been growing by 127.96% on average per year.
Looking at the last year, CRWD shows a very strong growth in Revenue. The Revenue has grown by 33.07%.
CRWD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 65.01% yearly.
Based on estimates for the next years, CRWD will show a very strong growth in Earnings Per Share. The EPS will grow by 34.42% on average per year.
The Revenue is expected to grow by 28.07% on average over the next years. This is a very strong growth

Health Assessment of NASDAQ:CRWD

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:CRWD was assigned a score of 6 for health:

CRWD has an Altman-Z score of 11.25. This indicates that CRWD is financially healthy and has little risk of bankruptcy at the moment.
CRWD has a Altman-Z score of 11.25. This is amongst the best in the industry. CRWD outperforms 85.36% of its industry peers.
CRWD has a debt to FCF ratio of 0.67. This is a very positive value and a sign of high solvency as it would only need 0.67 years to pay back of all of its debts.
CRWD's Debt to FCF ratio of 0.67 is fine compared to the rest of the industry. CRWD outperforms 76.79% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that CRWD is not too dependend on debt financing.
Although CRWD does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.

How do we evaluate the Profitability for NASDAQ:CRWD?

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:CRWD, the assigned 5 is a significant indicator of profitability:

CRWD has a better Return On Assets (2.36%) than 67.86% of its industry peers.
With a decent Return On Equity value of 5.97%, CRWD is doing good in the industry, outperforming 73.21% of the companies in the same industry.
CRWD's Return On Invested Capital of 0.95% is fine compared to the rest of the industry. CRWD outperforms 66.07% of its industry peers.
CRWD has a Profit Margin of 4.84%. This is in the better half of the industry: CRWD outperforms 71.43% of its industry peers.
The Operating Margin of CRWD (1.65%) is better than 65.71% of its industry peers.
CRWD's Gross Margin of 75.37% is fine compared to the rest of the industry. CRWD outperforms 68.57% of its industry peers.
In the last couple of years the Gross Margin of CRWD has grown nicely.

How does the Setup look for NASDAQ:CRWD

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

CRWD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 320.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 308.22, 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 CRWD

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

Keep in mind

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.