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NASDAQ:LNTH—Positioned as a High-Growth Stock, Ready for a Potential Breakout.

By Mill Chart

Last update: Dec 14, 2023

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

Evaluating Growth: NASDAQ:LNTH

ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NASDAQ:LNTH, the assigned 8 reflects its growth potential:

  • The Earnings Per Share has grown by an impressive 88.71% over the past year.
  • LNTH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.91% yearly.
  • LNTH shows a strong growth in Revenue. In the last year, the Revenue has grown by 50.42%.
  • LNTH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.06% yearly.
  • LNTH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.38% yearly.
  • LNTH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.46% yearly.

Health Assessment of NASDAQ:LNTH

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:LNTH was assigned a score of 7 for health:

  • LNTH has an Altman-Z score of 5.66. This indicates that LNTH is financially healthy and has little risk of bankruptcy at the moment.
  • LNTH has a better Altman-Z score (5.66) than 80.69% of its industry peers.
  • LNTH has a debt to FCF ratio of 2.17. This is a good value and a sign of high solvency as LNTH would need 2.17 years to pay back of all of its debts.
  • LNTH's Debt to FCF ratio of 2.17 is amongst the best of the industry. LNTH outperforms 90.59% of its industry peers.
  • Although LNTH 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.
  • LNTH has a Current Ratio of 5.37. This indicates that LNTH is financially healthy and has no problem in meeting its short term obligations.
  • LNTH's Current ratio of 5.37 is fine compared to the rest of the industry. LNTH outperforms 69.80% of its industry peers.
  • A Quick Ratio of 5.05 indicates that LNTH has no problem at all paying its short term obligations.
  • LNTH has a better Quick ratio (5.05) than 73.76% 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 NASDAQ:LNTH, the assigned 7 is noteworthy for profitability:

  • LNTH's Return On Assets of 6.84% is amongst the best of the industry. LNTH outperforms 88.12% of its industry peers.
  • LNTH's Return On Equity of 14.90% is amongst the best of the industry. LNTH outperforms 92.08% of its industry peers.
  • LNTH has a better Return On Invested Capital (11.01%) than 93.07% of its industry peers.
  • The Profit Margin of LNTH (8.63%) is better than 84.16% of its industry peers.
  • The Operating Margin of LNTH (15.55%) is better than 88.61% of its industry peers.
  • Looking at the Gross Margin, with a value of 63.31%, LNTH is in the better half of the industry, outperforming 65.84% of the companies in the same industry.
  • In the last couple of years the Gross Margin of LNTH has grown nicely.

How does the Setup look for NASDAQ:LNTH

Next to the Technical Rating, 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 NASDAQ:LNTH this score is currently 7:

Although the technical rating is only medium, LNTH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 76.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.11, 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 LNTH for a complete fundamental analysis.

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

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.

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LANTHEUS HOLDINGS INC

NASDAQ:LNTH (12/19/2024, 8:00:43 PM)

Premarket: 92.5 +0.56 (+0.61%)

91.94

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