NASDAQ:ODD—A High-Growth Stock Gearing Up for Its Next Upward Move.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ODDITY TECH LTD-CL A (NASDAQ:ODD) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted ODDITY TECH LTD-CL A showing up in our growth with base formation screen, so it may be worth spending some more time on it.

Growth Assessment of NASDAQ:ODD

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:ODD scores a 8 out of 10:

• ODD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 159.51%, which is quite impressive.
• Measured over the past years, ODD shows a very strong growth in Earnings Per Share. The EPS has been growing by 62.19% on average per year.
• The Revenue has grown by 56.75% in the past year. This is a very strong growth!
• ODD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 63.56% yearly.
• The Earnings Per Share is expected to grow by 17.33% on average over the next years. This is quite good.
• Based on estimates for the next years, ODD will show a quite strong growth in Revenue. The Revenue will grow by 19.40% on average per year.

Assessing Health Metrics for NASDAQ:ODD

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:ODD has achieved a 7 out of 10:

• ODD has an Altman-Z score of 15.25. This indicates that ODD is financially healthy and has little risk of bankruptcy at the moment.
• The Altman-Z score of ODD (15.25) is better than 97.30% of its industry peers.
• ODD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• A Current Ratio of 2.05 indicates that ODD has no problem at all paying its short term obligations.

Assessing Profitability for NASDAQ:ODD

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:ODD was assigned a score of 7 for profitability:

• ODD's Return On Assets of 14.46% is amongst the best of the industry. ODD outperforms 89.19% of its industry peers.
• With an excellent Return On Equity value of 20.68%, ODD belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
• With an excellent Return On Invested Capital value of 18.81%, ODD belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
• ODD had an Average Return On Invested Capital over the past 3 years of 18.78%. This is above the industry average of 14.78%.
• The 3 year average ROIC (18.78%) for ODD is below the current ROIC(18.81%), indicating increased profibility in the last year.
• ODD has a better Profit Margin (11.51%) than 89.19% of its industry peers.
• ODD has a better Operating Margin (14.61%) than 75.68% of its industry peers.
• In the last couple of years the Operating Margin of ODD has grown nicely.
• ODD's Gross Margin of 70.42% is fine compared to the rest of the industry. ODD outperforms 78.38% of its industry peers.

How does the Setup look for NASDAQ:ODD

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:ODD is 6:

ODD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 42.36, a Stop Loss order could be placed below this zone.

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

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

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

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.