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Why NASDAQ:LNTH Is a Promising High-Growth Stock in the Midst of Consolidation.

By Mill Chart

Last update: Sep 16, 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.


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Understanding NASDAQ:LNTH's Growth

ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. NASDAQ:LNTH has earned a 8 for growth:

  • LNTH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.95%, which is quite impressive.
  • Measured over the past years, LNTH shows a very strong growth in Earnings Per Share. The EPS has been growing by 45.36% on average per year.
  • The Revenue has grown by 27.82% in the past year. This is a very strong growth!
  • The Revenue has been growing by 30.43% on average over the past years. This is a very strong growth!
  • LNTH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.82% yearly.
  • 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.

Unpacking NASDAQ:LNTH's Health Rating

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 8 for health:

  • LNTH has an Altman-Z score of 7.16. This indicates that LNTH is financially healthy and has little risk of bankruptcy at the moment.
  • LNTH has a better Altman-Z score (7.16) than 84.49% of its industry peers.
  • The Debt to FCF ratio of LNTH is 1.75, which is an excellent value as it means it would take LNTH, only 1.75 years of fcf income to pay off all of its debts.
  • LNTH has a Debt to FCF ratio of 1.75. This is amongst the best in the industry. LNTH outperforms 89.30% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for LNTH, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
  • LNTH has a Current Ratio of 4.68. This indicates that LNTH is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 4.68, LNTH is in the better half of the industry, outperforming 70.05% of the companies in the same industry.
  • A Quick Ratio of 4.41 indicates that LNTH has no problem at all paying its short term obligations.
  • LNTH has a better Quick ratio (4.41) than 71.66% of its industry peers.

Profitability Analysis for NASDAQ:LNTH

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:LNTH has achieved a 8:

  • The Return On Assets of LNTH (22.09%) is better than 99.47% of its industry peers.
  • With an excellent Return On Equity value of 41.74%, LNTH belongs to the best of the industry, outperforming 99.47% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 21.48%, LNTH belongs to the best of the industry, outperforming 98.93% of the companies in the same industry.
  • With an excellent Profit Margin value of 29.80%, LNTH belongs to the best of the industry, outperforming 98.40% of the companies in the same industry.
  • In the last couple of years the Profit Margin of LNTH has grown nicely.
  • LNTH has a better Operating Margin (31.50%) than 98.40% of its industry peers.
  • In the last couple of years the Operating Margin of LNTH has grown nicely.
  • Looking at the Gross Margin, with a value of 64.50%, LNTH is in the better half of the industry, outperforming 65.24% of the companies in the same industry.
  • LNTH's Gross Margin has improved in the last couple of years.

How do we evaluate the setup for NASDAQ:LNTH?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:LNTH has a 8 as its setup rating, indicating its current consolidation status.

LNTH has an excellent technical rating and also presents 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 105.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 105.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

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

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

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.

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LANTHEUS HOLDINGS INC

NASDAQ:LNTH (11/20/2024, 8:00:00 PM)

Premarket: 86.99 +0.54 (+0.62%)

86.45

+7.02 (+8.84%)

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