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

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether ODDITY TECH LTD-CL A (NASDAQ:ODD) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but ODDITY TECH LTD-CL A has surfaced on our radar for growth with base formation, warranting further examination.

Assessing Growth for 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 9 out of 10:

• The Earnings Per Share has grown by an impressive 159.51% over the past year.
• ODD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 62.19% yearly.
• The Revenue has grown by 56.75% in the past year. This is a very strong growth!
• The Revenue has been growing by 63.56% on average over the past years. This is a very strong growth!
• The Earnings Per Share is expected to grow by 20.35% on average over the next years. This is a very strong growth
• ODD is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.06% yearly.

Health Analysis for NASDAQ:ODD

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:ODD has earned a 7 out of 10:

• An Altman-Z score of 10.19 indicates that ODD is not in any danger for bankruptcy at the moment.
• With an excellent Altman-Z score value of 10.19, ODD belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
• ODD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.

How do we evaluate the Profitability for NASDAQ:ODD?

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:ODD has earned a 7 out of 10:

• ODD has a Return On Assets of 14.24%. This is amongst the best in the industry. ODD outperforms 88.89% of its industry peers.
• Looking at the Return On Equity, with a value of 21.82%, ODD belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
• ODD has a Return On Invested Capital of 19.11%. This is amongst the best in the industry. ODD outperforms 91.67% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for ODD is above the industry average of 13.81%.
• The 3 year average ROIC (18.78%) for ODD is below the current ROIC(19.11%), indicating increased profibility in the last year.
• Looking at the Profit Margin, with a value of 12.97%, ODD belongs to the top of the industry, outperforming 97.22% of the companies in the same industry.
• ODD has a Operating Margin of 15.97%. This is in the better half of the industry: ODD outperforms 77.78% of its industry peers.
• ODD's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 71.55%, ODD is in the better half of the industry, outperforming 75.00% of the companies in the same industry.

Why is NASDAQ:ODD a setup?

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:ODD has a 8 as its setup rating, indicating its current consolidation status.

Although the technical rating is only medium, ODD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.22, a Stop Loss order could be placed below this zone.

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 ODD

Our latest full technical report of ODD 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.