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 Analysis 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:

• 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.
• ODD shows a strong growth in Revenue. In the last year, the Revenue has grown by 56.75%.
• 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 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.

Understanding NASDAQ:ODD's Health

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NASDAQ:ODD, the assigned 7 reflects its health status:

• ODD has an Altman-Z score of 10.01. This indicates that ODD is financially healthy and has little risk of bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 10.01, ODD belongs to the top 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.

Profitability Insights: 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:

• Looking at the Return On Assets, with a value of 14.24%, ODD belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
• With an excellent Return On Equity value of 21.82%, ODD belongs to the best of the industry, outperforming 86.11% of the companies in the same industry.
• ODD has a better Return On Invested Capital (19.11%) than 91.67% of its industry peers.
• Measured over the past 3 years, the Average Return On Invested Capital 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.
• The Profit Margin of ODD (12.97%) is better than 97.22% of its industry peers.
• With a decent Operating Margin value of 15.97%, ODD is doing good in the industry, outperforming 77.78% of the companies in the same industry.
• In the last couple of years the Operating Margin of ODD has grown nicely.
• ODD's Gross Margin of 71.55% is fine compared to the rest of the industry. ODD outperforms 75.00% of its industry peers.

How does the Setup look for NASDAQ:ODD

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NASDAQ:ODD is 8:

Although the technical rating is bad, ODD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 40.12, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

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

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

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.