NASDAQ:LNTH—A High-Growth Stock Gearing Up for Its Next Upward Move.

Last update: Mar 5, 2024

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether LANTHEUS HOLDINGS INC (NASDAQ:LNTH) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but LANTHEUS HOLDINGS INC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

Evaluating Growth: NASDAQ:LNTH

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:LNTH boasts a 8 out of 10:

LNTH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.63%, which is quite impressive.
The Earnings Per Share has been growing by 45.36% on average over the past years. This is a very strong growth
Looking at the last year, LNTH shows a very strong growth in Revenue. The Revenue has grown by 38.64%.
Measured over the past years, LNTH shows a very strong growth in Revenue. The Revenue has been growing by 30.43% on average per year.
Based on estimates for the next years, LNTH will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.43% on average per year.
LNTH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.13% yearly.

Exploring NASDAQ:LNTH's Health

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:LNTH, the assigned 8 for health provides valuable insights:

An Altman-Z score of 5.76 indicates that LNTH is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.76, LNTH belongs to the top of the industry, outperforming 82.14% of the companies in the same industry.
The Debt to FCF ratio of LNTH is 2.64, which is a good value as it means it would take LNTH, 2.64 years of fcf income to pay off all of its debts.
LNTH has a better Debt to FCF ratio (2.64) than 89.29% of its industry peers.
LNTH has a Current Ratio of 5.80. This indicates that LNTH is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of LNTH (5.80) is better than 76.53% of its industry peers.
LNTH has a Quick Ratio of 5.45. This indicates that LNTH is financially healthy and has no problem in meeting its short term obligations.
LNTH's Quick ratio of 5.45 is fine compared to the rest of the industry. LNTH outperforms 79.08% of its industry peers.

Assessing Profitability for NASDAQ:LNTH

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:LNTH has earned a 7 out of 10:

LNTH has a Return On Assets of 19.79%. This is amongst the best in the industry. LNTH outperforms 98.47% of its industry peers.
The Return On Equity of LNTH (40.04%) is better than 99.49% of its industry peers.
The Return On Invested Capital of LNTH (26.97%) is better than 98.98% of its industry peers.
Looking at the Profit Margin, with a value of 25.20%, LNTH belongs to the top of the industry, outperforming 96.94% of the companies in the same industry.
LNTH's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 38.31%, LNTH belongs to the top of the industry, outperforming 99.49% of the companies in the same industry.
In the last couple of years the Operating Margin of LNTH has grown nicely.
LNTH's Gross Margin of 63.71% is fine compared to the rest of the industry. LNTH outperforms 65.31% of its industry peers.

Looking at the 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:LNTH has a 7 as its setup rating:

LNTH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 64.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LNTH 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 LNTH for a complete fundamental analysis.

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

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.