PALANTIR TECHNOLOGIES INC-A (NASDAQ:PLTR)—A High-Growth Stock Gearing Up for Its Next Upward Move.

In this article we will dive into PALANTIR TECHNOLOGIES INC-A (NASDAQ:PLTR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PALANTIR TECHNOLOGIES INC-A showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.

How We Gauge Growth for PLTR

ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. PLTR has earned a 9 for growth:

• The Earnings Per Share has grown by an impressive 64.00% over the past year.
• Measured over the past years, PLTR shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.07% on average per year.
• Looking at the last year, PLTR shows a very strong growth in Revenue. The Revenue has grown by 28.79%.
• PLTR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.01% yearly.
• The Earnings Per Share is expected to grow by 36.57% on average over the next years. This is a very strong growth
• PLTR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 34.75% yearly.

Health Examination for PLTR

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. PLTR has achieved a 8 out of 10:

• PLTR has an Altman-Z score of 96.05. This indicates that PLTR is financially healthy and has little risk of bankruptcy at the moment.
• The Altman-Z score of PLTR (96.05) is better than 99.28% of its industry peers.
• There is no outstanding debt for PLTR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• A Current Ratio of 5.96 indicates that PLTR has no problem at all paying its short term obligations.
• PLTR has a better Current ratio (5.96) than 90.68% of its industry peers.
• PLTR has a Quick Ratio of 5.96. This indicates that PLTR is financially healthy and has no problem in meeting its short term obligations.
• PLTR's Quick ratio of 5.96 is amongst the best of the industry. PLTR outperforms 90.68% of its industry peers.

How do we evaluate the Profitability for PLTR?

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. PLTR has earned a 6 out of 10:

• Looking at the Return On Assets, with a value of 7.29%, PLTR belongs to the top of the industry, outperforming 81.00% of the companies in the same industry.
• PLTR has a better Return On Equity (9.24%) than 76.34% of its industry peers.
• The Return On Invested Capital of PLTR (4.59%) is better than 74.55% of its industry peers.
• PLTR has a Profit Margin of 16.13%. This is in the better half of the industry: PLTR outperforms 79.21% of its industry peers.
• With a decent Operating Margin value of 10.83%, PLTR is doing good in the industry, outperforming 78.49% of the companies in the same industry.
• PLTR has a better Gross Margin (80.25%) than 81.36% of its industry peers.
• In the last couple of years the Gross Margin of PLTR has grown nicely.

Why is PLTR a setup?

ChartMill also provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, PLTR has a 7 as its setup rating:

Besides having an excellent technical rating, PLTR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 85.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLTR in the last couple of days, which is a good sign.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Check the latest full fundamental report of PLTR for a complete fundamental analysis.

For an up to date full technical analysis you can check the technical report of PLTR

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.