NASDAQ:TGTX: a strong growth stock preparing for the next leg up?.

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether TG THERAPEUTICS INC (NASDAQ:TGTX) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but TG THERAPEUTICS INC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

Deciphering NASDAQ:TGTX's Growth Rating

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. NASDAQ:TGTX has earned a 8 for growth:

• TGTX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 147.24%, which is quite impressive.
• The Revenue has grown by 8274.98% in the past year. This is a very strong growth!
• The Revenue has been growing by 335.01% on average over the past years. This is a very strong growth!
• The Earnings Per Share is expected to grow by 229.97% on average over the next years. This is a very strong growth
• The Revenue is expected to grow by 41.13% on average over the next years. This is a very strong growth

Deciphering NASDAQ:TGTX's Health Rating

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:TGTX has received a 6 out of 10:

• TGTX has an Altman-Z score of 4.98. This indicates that TGTX is financially healthy and has little risk of bankruptcy at the moment.
• With a decent Altman-Z score value of 4.98, TGTX is doing good in the industry, outperforming 79.72% of the companies in the same industry.
• The Debt to FCF ratio of TGTX (5.00) is better than 95.98% of its industry peers.
• A Current Ratio of 3.62 indicates that TGTX has no problem at all paying its short term obligations.
• TGTX has a Quick Ratio of 2.84. This indicates that TGTX is financially healthy and has no problem in meeting its short term obligations.

Exploring NASDAQ:TGTX's Profitability

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:TGTX, the assigned 5 is a significant indicator of profitability:

• TGTX has a Return On Assets of 11.03%. This is amongst the best in the industry. TGTX outperforms 97.55% of its industry peers.
• TGTX has a Return On Equity of 25.72%. This is amongst the best in the industry. TGTX outperforms 98.60% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 13.96%, TGTX belongs to the top of the industry, outperforming 97.38% of the companies in the same industry.
• With an excellent Profit Margin value of 14.23%, TGTX belongs to the best of the industry, outperforming 97.20% of the companies in the same industry.
• TGTX has a better Operating Margin (16.71%) than 96.50% of its industry peers.
• Looking at the Gross Margin, with a value of 93.54%, TGTX belongs to the top of the industry, outperforming 95.10% of the companies in the same industry.

Why is NASDAQ:TGTX a setup?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:TGTX is 7:

Besides having an excellent technical rating, TGTX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 18.82, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

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

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

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

Keep in mind

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.