Exploring the Growth Potential of EVERCORE INC - A (NYSE:EVR) as It Nears a Breakout.

In this article, we'll take a closer look at EVERCORE INC - A (NYSE:EVR) as a potential candidate for growth investing. While it's important for investors to conduct their own research, EVERCORE INC - A has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

How do we evaluate the Growth for EVR?

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. EVR has received a 8 out of 10:

• EVR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.81%, which is quite impressive.
• The Revenue has grown by 22.67% in the past year. This is a very strong growth!
• EVR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.11% yearly.
• Based on estimates for the next years, EVR will show a very strong growth in Earnings Per Share. The EPS will grow by 31.35% on average per year.
• Based on estimates for the next years, EVR will show a quite strong growth in Revenue. The Revenue will grow by 16.70% on average per year.
• The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
• When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

How We Gauge Health for EVR

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. EVR has earned a 8 out of 10:

• An Altman-Z score of 4.36 indicates that EVR is not in any danger for bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 4.36, EVR belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
• The Debt to FCF ratio of EVR is 0.39, which is an excellent value as it means it would take EVR, only 0.39 years of fcf income to pay off all of its debts.
• EVR's Debt to FCF ratio of 0.39 is amongst the best of the industry. EVR outperforms 89.73% of its industry peers.
• A Debt/Equity ratio of 0.20 indicates that EVR is not too dependend on debt financing.
• With a decent Debt to Equity ratio value of 0.20, EVR is doing good in the industry, outperforming 78.13% of the companies in the same industry.
• A Current Ratio of 2.43 indicates that EVR has no problem at all paying its short term obligations.
• EVR has a better Current ratio (2.43) than 76.34% of its industry peers.
• A Quick Ratio of 2.43 indicates that EVR has no problem at all paying its short term obligations.
• EVR has a better Quick ratio (2.43) than 76.34% of its industry peers.

Analyzing Profitability Metrics

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 EVR, the assigned 7 is noteworthy for profitability:

• The Return On Assets of EVR (9.06%) is better than 85.71% of its industry peers.
• The Return On Equity of EVR (22.15%) is better than 90.18% of its industry peers.
• The Return On Invested Capital of EVR (14.18%) is better than 90.18% of its industry peers.
• Measured over the past 3 years, the Average Return On Invested Capital for EVR is significantly above the industry average of 6.99%.
• The Gross Margin of EVR (99.00%) is better than 99.55% of its industry peers.

Why is EVR a setup?

The Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For EVR this score is currently 7:

Although the technical rating is bad, EVR does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 207.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EVR in the last couple of days, which is a good sign.

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

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

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

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.