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

Exploring Growth Potential: TRADE DESK INC/THE -CLASS A (NASDAQ:TTD) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and TRADE DESK INC/THE -CLASS A has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected TRADE DESK INC/THE -CLASS A on our screen for growth with base formation, suggesting it merits a closer look.

Growth Analysis for NASDAQ:TTD

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. NASDAQ:TTD has received a 9 out of 10:

• TTD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.49%, which is quite impressive.
• The Earnings Per Share has been growing by 36.07% on average over the past years. This is a very strong growth
• TTD shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.13%.
• TTD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.46% yearly.
• TTD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.32% yearly.
• The Revenue is expected to grow by 21.42% on average over the next years. This is a very strong growth

Assessing Health for NASDAQ:TTD

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. NASDAQ:TTD has earned a 8 out of 10:

• An Altman-Z score of 14.13 indicates that TTD is not in any danger for bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 14.13, TTD belongs to the top of the industry, outperforming 98.90% of the companies in the same industry.
• TTD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• The Current ratio of TTD (1.85) is better than 64.84% of its industry peers.
• TTD's Quick ratio of 1.85 is fine compared to the rest of the industry. TTD outperforms 64.84% of its industry peers.

Profitability Insights: NASDAQ:TTD

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:TTD has achieved a 8:

• With an excellent Return On Assets value of 5.60%, TTD belongs to the best of the industry, outperforming 86.81% of the companies in the same industry.
• TTD has a Return On Equity of 11.74%. This is amongst the best in the industry. TTD outperforms 81.32% of its industry peers.
• TTD has a better Return On Invested Capital (10.29%) than 90.11% of its industry peers.
• The 3 year average ROIC (5.35%) for TTD is below the current ROIC(10.29%), indicating increased profibility in the last year.
• Looking at the Profit Margin, with a value of 13.34%, TTD belongs to the top of the industry, outperforming 87.91% of the companies in the same industry.
• With an excellent Operating Margin value of 16.29%, TTD belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
• The Gross Margin of TTD (81.06%) is better than 93.41% of its industry peers.

Looking at the 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:TTD is 7:

Besides having an excellent technical rating, TTD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

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

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

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

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.