Is NASDAQ:LNTH on the Verge of a Major Breakout as a Strong Growth Stock?

Last update: Jun 28, 2024

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

Growth Assessment of NASDAQ:LNTH

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NASDAQ:LNTH was assigned a score of 8 for growth:

The Earnings Per Share has grown by an impressive 36.65% over the past year.
LNTH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 45.36% yearly.
The Revenue has grown by 32.97% in the past year. This is a very strong growth!
LNTH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 30.43% yearly.
Based on estimates for the next years, LNTH will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.82% on average per year.
Based on estimates for the next years, LNTH will show a quite strong growth in Revenue. The Revenue will grow by 15.40% on average per year.

A Closer Look at Health for NASDAQ:LNTH

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:LNTH has received a 8 out of 10:

An Altman-Z score of 6.22 indicates that LNTH is not in any danger for bankruptcy at the moment.
LNTH's Altman-Z score of 6.22 is amongst the best of the industry. LNTH outperforms 81.38% of its industry peers.
LNTH has a debt to FCF ratio of 2.75. This is a good value and a sign of high solvency as LNTH would need 2.75 years to pay back of all of its debts.
LNTH has a better Debt to FCF ratio (2.75) than 86.17% of its industry peers.
A Current Ratio of 4.84 indicates that LNTH has no problem at all paying its short term obligations.
LNTH has a Current ratio of 4.84. This is in the better half of the industry: LNTH outperforms 67.55% of its industry peers.
A Quick Ratio of 4.55 indicates that LNTH has no problem at all paying its short term obligations.
LNTH's Quick ratio of 4.55 is fine compared to the rest of the industry. LNTH outperforms 70.74% of its industry peers.

Exploring NASDAQ:LNTH's Profitability

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NASDAQ:LNTH was assigned a score of 7 for profitability:

LNTH has a better Return On Assets (25.15%) than 98.94% of its industry peers.
LNTH's Return On Equity of 48.71% is amongst the best of the industry. LNTH outperforms 99.47% of its industry peers.
LNTH's Return On Invested Capital of 23.65% is amongst the best of the industry. LNTH outperforms 98.94% of its industry peers.
LNTH has a better Profit Margin (33.73%) than 98.94% of its industry peers.
In the last couple of years the Profit Margin of LNTH has grown nicely.
The Operating Margin of LNTH (34.74%) is better than 98.94% of its industry peers.
LNTH's Operating Margin has improved in the last couple of years.
LNTH's Gross Margin of 64.03% is fine compared to the rest of the industry. LNTH outperforms 64.36% of its industry peers.

Why is NASDAQ:LNTH a setup?

Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NASDAQ:LNTH currently holds a 8 as its setup rating, suggesting a particular level of consolidation in the stock.

LNTH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 81.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.81, a Stop Loss order could be placed below this zone.

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

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

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

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.