NASDAQ:GMAB: a strong growth stock preparing for the next leg up?.

Last update: Oct 30, 2024

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

ChartMill's Evaluation of Growth

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:GMAB boasts a 8 out of 10:

GMAB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.52%, which is quite good.
The Earnings Per Share has been growing by 22.70% on average over the past years. This is a very strong growth
The Revenue has grown by 15.89% in the past year. This is quite good.
GMAB shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 40.35% yearly.
GMAB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.65% yearly.
GMAB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.51% yearly.

Health Insights: NASDAQ:GMAB

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. NASDAQ:GMAB has earned a 7 out of 10:

GMAB has an Altman-Z score of 10.18. This indicates that GMAB is financially healthy and has little risk of bankruptcy at the moment.
GMAB's Altman-Z score of 10.18 is amongst the best of the industry. GMAB outperforms 84.14% of its industry peers.
GMAB has a debt to FCF ratio of 0.16. This is a very positive value and a sign of high solvency as it would only need 0.16 years to pay back of all of its debts.
The Debt to FCF ratio of GMAB (0.16) is better than 97.68% of its industry peers.
GMAB has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
GMAB has a Current Ratio of 5.03. This indicates that GMAB is financially healthy and has no problem in meeting its short term obligations.
A Quick Ratio of 5.02 indicates that GMAB has no problem at all paying its short term obligations.

Analyzing Profitability Metrics

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:GMAB has earned a 8 out of 10:

GMAB has a Return On Assets of 14.25%. This is amongst the best in the industry. GMAB outperforms 97.86% of its industry peers.
With an excellent Return On Equity value of 17.77%, GMAB belongs to the best of the industry, outperforming 96.61% of the companies in the same industry.
GMAB's Return On Invested Capital of 13.65% is amongst the best of the industry. GMAB outperforms 96.61% of its industry peers.
The last Return On Invested Capital (13.65%) for GMAB is above the 3 year average (13.32%), which is a sign of increasing profitability.
The Profit Margin of GMAB (29.01%) is better than 98.04% of its industry peers.
The Operating Margin of GMAB (31.65%) is better than 98.75% of its industry peers.
With an excellent Gross Margin value of 96.83%, GMAB belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.

How do we evaluate the setup for NASDAQ:GMAB?

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:GMAB exhibits a 9 setup rating, indicating its consolidation status in recent days and weeks.

GMAB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GMAB in the last couple of days, which is a good sign.

More Strong Growth stocks can be found in our Strong Growth screener.

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

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

Keep in mind

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.