Is NYSE:RYAN on the Verge of a Major Breakout as a Strong Growth Stock?

Exploring Growth Potential: RYAN SPECIALTY HOLDINGS INC (NYSE:RYAN) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and RYAN SPECIALTY HOLDINGS INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected RYAN SPECIALTY HOLDINGS INC on our screen for growth with base formation, suggesting it merits a closer look.

Growth Examination for NYSE:RYAN

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. NYSE:RYAN scores a 8 out of 10:

• The Earnings Per Share has grown by an impressive 25.64% over the past year.
• Looking at the last year, RYAN shows a very strong growth in Revenue. The Revenue has grown by 20.42%.
• RYAN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.83% yearly.
• Based on estimates for the next years, RYAN will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.74% on average per year.
• RYAN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.44% yearly.
• The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

Health Assessment of NYSE:RYAN

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:RYAN has earned a 5 out of 10:

• RYAN's Altman-Z score of 1.88 is amongst the best of the industry. RYAN outperforms 89.86% of its industry peers.
• RYAN has a better Current ratio (1.16) than 82.61% of its industry peers.
• Looking at the Quick ratio, with a value of 1.16, RYAN belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.

Profitability Analysis for NYSE:RYAN

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:RYAN scores a 6 out of 10:

• Looking at the Return On Invested Capital, with a value of 11.51%, RYAN belongs to the top of the industry, outperforming 97.83% of the companies in the same industry.
• The Average Return On Invested Capital over the past 3 years for RYAN is significantly above the industry average of 3.93%.
• The last Return On Invested Capital (11.51%) for RYAN is above the 3 year average (10.42%), which is a sign of increasing profitability.
• Looking at the Operating Margin, with a value of 22.45%, RYAN belongs to the top of the industry, outperforming 81.16% of the companies in the same industry.
• RYAN's Operating Margin has improved in the last couple of years.

How do we evaluate the setup for NYSE:RYAN?

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 NYSE:RYAN is 7:

Besides having an excellent technical rating, RYAN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 55.78. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

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

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

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

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.