Is NYSE:LRN suited for high growth investing?

Our stock screener has identified STRIDE INC (NYSE:LRN) as a potential breakout candidate. This technical breakout setup pattern occurs when the stock consolidates after a strong uptrend. While the actual breakout is uncertain, it may be worth keeping an eye on NYSE:LRN.

Analyzing the Technical Aspects

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Overall LRN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LRN is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that LRN is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, LRN also shows a nice and consistent pattern of rising prices.
• LRN is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 98% of 66 stocks in the same industry.
• LRN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• LRN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Our latest full technical report of LRN contains the most current technical analsysis.

How does the Setup look for NYSE:LRN

ChartMill takes into account not only the Technical Rating but also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, NYSE:LRN exhibits a 7 setup rating, indicating its consolidation status in recent days and weeks.

Besides having an excellent technical rating, LRN also presents 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 very little resistance above the current price. There is a support zone below the current price at 100.32, a Stop Loss order could be placed below this zone.

Looking into the high growth metrics of STRIDE INC

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), STRIDE INC highlights its ability to generate increasing profitability, showcasing a 755.0% growth.
• The EPS of STRIDE INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• Analysts' average next Quarter EPS Estimate for STRIDE INC has witnessed a 20.06% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• In the most recent financial report, STRIDE INC reported a 755.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of STRIDE INC are accelerating: the current Q2Q growth of 755.0% is above the previous year Q2Q growth of 120.0%. Earnings momentum and acceleration are key for high growth systems.
• The operating margin of STRIDE INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• The free cash flow (FCF) of STRIDE INC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• With a favorable Return on Equity (ROE) of 19.78%, STRIDE INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• With a Debt-to-Equity ratio at 0.38, STRIDE INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• STRIDE INC has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• STRIDE INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 92.25 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. STRIDE INC is well-positioned for potential price growth opportunities.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

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.