NYSE:RYAN: a strong growth stock preparing for the next leg up?.

In this article, we'll take a closer look at RYAN SPECIALTY HOLDINGS INC (NYSE:RYAN) as a potential candidate for growth investing. While it's important for investors to conduct their own research, RYAN SPECIALTY HOLDINGS INC has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Deciphering NYSE:RYAN's Growth Rating

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NYSE:RYAN has received a 8 out of 10:

• The Earnings Per Share has grown by an impressive 25.64% over the past year.
• The Revenue has grown by 20.94% in the past year. This is a very strong growth!
• The Revenue has been growing by 26.83% on average over the past years. This is a very strong growth!
• The Earnings Per Share is expected to grow by 19.74% on average over the next years. This is quite good.
• The Revenue is expected to grow by 12.44% on average over the next years. This is quite good.
• The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

A Closer Look at Health for NYSE:RYAN

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:RYAN scores a 5 out of 10:

• The Altman-Z score of RYAN (1.98) is better than 92.03% of its industry peers.
• The Current ratio of RYAN (1.15) is better than 83.33% of its industry peers.
• RYAN has a Quick ratio of 1.15. This is amongst the best in the industry. RYAN outperforms 83.33% of its industry peers.

Profitability Assessment of NYSE:RYAN

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. NYSE:RYAN was assigned a score of 6 for profitability:

• RYAN has a better Return On Invested Capital (12.41%) than 97.83% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for RYAN is significantly above the industry average of 3.97%.
• The 3 year average ROIC (10.42%) for RYAN is below the current ROIC(12.41%), indicating increased profibility in the last year.
• Looking at the Operating Margin, with a value of 22.74%, RYAN belongs to the top of the industry, outperforming 81.88% of the companies in the same industry.
• In the last couple of years the Operating Margin of RYAN has grown nicely.

Looking at the Setup

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NYSE:RYAN this score is currently 8:

Besides having an excellent technical rating, RYAN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 54.98, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

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

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

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.