NASDAQ:NBIX qualifies as a high growth stock and is consolidating.

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

A Closer Look at Growth for NASDAQ:NBIX

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NASDAQ:NBIX has achieved a 9 out of 10:

• NBIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 232.69%, which is quite impressive.
• NBIX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 66.75% yearly.
• The Revenue has grown by 29.01% in the past year. This is a very strong growth!
• Measured over the past years, NBIX shows a very strong growth in Revenue. The Revenue has been growing by 55.91% on average per year.
• NBIX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.84% yearly.
• The Revenue is expected to grow by 15.72% on average over the next years. This is quite good.

Understanding NASDAQ:NBIX's 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:NBIX has achieved a 7 out of 10:

• NBIX has an Altman-Z score of 9.99. This indicates that NBIX is financially healthy and has little risk of bankruptcy at the moment.
• NBIX's Altman-Z score of 9.99 is amongst the best of the industry. NBIX outperforms 88.58% of its industry peers.
• NBIX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• NBIX has a Current Ratio of 2.57. This indicates that NBIX is financially healthy and has no problem in meeting its short term obligations.
• NBIX has a Quick Ratio of 2.51. This indicates that NBIX is financially healthy and has no problem in meeting its short term obligations.

Exploring NASDAQ:NBIX's Profitability

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:NBIX has achieved a 8:

• Looking at the Return On Assets, with a value of 6.75%, NBIX belongs to the top of the industry, outperforming 96.19% of the companies in the same industry.
• Looking at the Return On Equity, with a value of 9.52%, NBIX belongs to the top of the industry, outperforming 95.86% of the companies in the same industry.
• With an excellent Return On Invested Capital value of 11.65%, NBIX belongs to the best of the industry, outperforming 97.02% of the companies in the same industry.
• Looking at the Profit Margin, with a value of 10.54%, NBIX belongs to the top of the industry, outperforming 95.53% of the companies in the same industry.
• NBIX's Profit Margin has improved in the last couple of years.
• NBIX has a Operating Margin of 17.60%. This is amongst the best in the industry. NBIX outperforms 96.85% of its industry peers.
• With an excellent Gross Margin value of 97.98%, NBIX belongs to the best of the industry, outperforming 98.18% of the companies in the same industry.

How does the Setup look for NASDAQ:NBIX

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:NBIX this score is currently 8:

NBIX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 113.67, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

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

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

Keep in mind

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.