News Image

NASDAQ:LNTH, a strong growth stock, setting up for a breakout.

By Mill Chart

Last update: Oct 29, 2024

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.


High Growth setup stocks image

Analyzing Growth Metrics

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:LNTH scores a 8 out of 10:

  • The Earnings Per Share has grown by an impressive 24.95% over the past year.
  • 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.
  • LNTH shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.82%.
  • 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.
  • The Earnings Per Share is expected to grow by 14.82% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 15.40% on average over the next years. This is quite good.

ChartMill's Evaluation of Health

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:LNTH has achieved a 8 out of 10:

  • LNTH has an Altman-Z score of 7.37. This indicates that LNTH is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 7.37, LNTH belongs to the top of the industry, outperforming 85.56% of the companies in the same industry.
  • LNTH has a debt to FCF ratio of 1.75. This is a very positive value and a sign of high solvency as it would only need 1.75 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 1.75, LNTH belongs to the best of the industry, outperforming 89.30% of the companies in the same industry.
  • 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.
  • A Current Ratio of 4.68 indicates that LNTH has no problem at all paying its short term obligations.
  • LNTH's Current ratio of 4.68 is fine compared to the rest of the industry. LNTH outperforms 71.12% of its industry peers.
  • LNTH has a Quick Ratio of 4.41. This indicates that LNTH is financially healthy and has no problem in meeting its short term obligations.
  • LNTH has a better Quick ratio (4.41) than 72.19% of its industry peers.

Evaluating Profitability: NASDAQ:LNTH

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 8 is noteworthy for profitability:

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

How does the Setup look 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 extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:LNTH has a 8 as its setup rating:

Besides having an excellent technical rating, LNTH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

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.

Disclaimer

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.

Back

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%)

Follow us for more