PRO-DEX INC (NASDAQ:PDEX) is a candidate for growth investors. Here's why.

In this article we will dive into PRO-DEX INC (NASDAQ:PDEX) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PRO-DEX INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

What matters for growth investors.

• PRO-DEX INC demonstrates a strong Return on Equity(ROE) of 21.21%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. PRO-DEX INC shows promising potential for continued success.
• PRO-DEX INC has a strong history of beating EPS estimates 3 times in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• With notable 1-year revenue growth of 26.44%, PRO-DEX INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 33.4%, PRO-DEX INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• The operating margin of PRO-DEX 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.
• PRO-DEX INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), PRO-DEX INC highlights its ability to generate increasing profitability, showcasing a 336.0% growth.
• The average next Quarter EPS Estimate by analysts was adjusted by 18.75%, reflecting the evolving market expectations for the company's EPS growth.
• The quarterly earnings of PRO-DEX INC have shown a 336.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for PRO-DEX INC: the current Q2Q growth of 336.0% exceeds the previous year Q2Q growth of -41.67%.

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

PDEX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 191 industry peers in the Health Care Equipment & Supplies industry. PDEX has an excellent profitability rating, but there are some minor concerns on its financial health. PDEX is growing strongly while it also seems undervalued. This is an interesting combination This makes PDEX very considerable for value and growth investing!

Our latest full fundamental report of PDEX contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

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.