NASDAQ:SRAD, a strong growth stock, setting up for a breakout.

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether SPORTRADAR GROUP AG-A (NASDAQ:SRAD) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but SPORTRADAR GROUP AG-A has surfaced on our radar for growth with base formation, warranting further examination.

ChartMill's Evaluation of Growth

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NASDAQ:SRAD has achieved a 9 out of 10:

• The Earnings Per Share has grown by an impressive 575.00% over the past year.
• Measured over the past years, SRAD shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.72% on average per year.
• The Revenue has grown by 26.56% in the past year. This is a very strong growth!
• The Revenue has been growing by 29.42% on average over the past years. This is a very strong growth!
• SRAD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.28% yearly.
• The Revenue is expected to grow by 14.97% on average over the next years. This is quite good.
• When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Looking at the Health

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:SRAD, the assigned 6 for health provides valuable insights:

• An Altman-Z score of 3.66 indicates that SRAD is not in any danger for bankruptcy at the moment.
• The Altman-Z score of SRAD (3.66) is better than 78.63% of its industry peers.
• SRAD has a debt to FCF ratio of 0.36. This is a very positive value and a sign of high solvency as it would only need 0.36 years to pay back of all of its debts.
• SRAD's Debt to FCF ratio of 0.36 is amongst the best of the industry. SRAD outperforms 93.13% of its industry peers.
• SRAD has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
• SRAD has a Debt to Equity ratio of 0.04. This is amongst the best in the industry. SRAD outperforms 85.50% of its industry peers.
• SRAD has a better Current ratio (1.53) than 73.28% of its industry peers.
• SRAD's Quick ratio of 1.53 is fine compared to the rest of the industry. SRAD outperforms 76.34% of its industry peers.

Exploring NASDAQ:SRAD's Profitability

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. NASDAQ:SRAD has earned a 6 out of 10:

• With a decent Return On Equity value of 6.43%, SRAD is doing good in the industry, outperforming 61.07% of the companies in the same industry.
• The 3 year average ROIC (2.22%) for SRAD is below the current ROIC(3.84%), indicating increased profibility in the last year.
• SRAD's Profit Margin of 5.57% is fine compared to the rest of the industry. SRAD outperforms 60.31% of its industry peers.
• In the last couple of years the Profit Margin of SRAD has grown nicely.
• SRAD's Gross Margin of 73.72% is amongst the best of the industry. SRAD outperforms 90.08% of its industry peers.

Why is NASDAQ:SRAD a setup?

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:SRAD is 8:

Besides having an excellent technical rating, SRAD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.40, a Stop Loss order could be placed below this zone.

More Strong Growth stocks can be found in our Strong Growth screener.

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

Check the latest full technical report of SRAD for a complete technical analysis.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.