NASDAQ:TTD—A High-Growth Stock Gearing Up for Its Next Upward Move.

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.

Assessing Growth 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:

• The Earnings Per Share has grown by an impressive 20.49% over the past year.
• Measured over the past years, TTD shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.07% on average per year.
• TTD shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.13%.
• The Revenue has been growing by 32.46% on average over the past years. This is a very strong growth!
• Based on estimates for the next years, TTD will show a very strong growth in Earnings Per Share. The EPS will grow by 27.50% on average per year.
• Based on estimates for the next years, TTD will show a very strong growth in Revenue. The Revenue will grow by 22.26% on average per year.

Deciphering NASDAQ:TTD'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:TTD has received a 8 out of 10:

• TTD has an Altman-Z score of 15.07. This indicates that TTD is financially healthy and has little risk of bankruptcy at the moment.
• TTD has a better Altman-Z score (15.07) than 100.00% of its industry peers.
• There is no outstanding debt for TTD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• The current and quick ratio evaluation for TTD is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.

How do we evaluate the Profitability for NASDAQ:TTD?

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:TTD, the assigned 8 is noteworthy for profitability:

• TTD has a better Return On Assets (5.60%) than 87.91% of its industry peers.
• TTD has a better Return On Equity (11.74%) than 81.32% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 10.29%, TTD belongs to the top of the industry, outperforming 91.21% of the companies in the same industry.
• The last Return On Invested Capital (10.29%) for TTD is above the 3 year average (5.35%), which is a sign of increasing profitability.
• With an excellent Profit Margin value of 13.34%, TTD belongs to the best of the industry, outperforming 87.91% of the companies in the same industry.
• TTD's Operating Margin of 16.29% is amongst the best of the industry. TTD outperforms 84.62% of its industry peers.
• TTD has a better Gross Margin (81.06%) than 92.31% of its industry peers.

How do we evaluate the setup for NASDAQ:TTD?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:TTD has a 8 as its setup rating:

TTD has an excellent technical rating and 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. We notice that large players showed an interest for TTD in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

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

For an up to date full fundamental analysis you can check the fundamental report of TTD

Check the latest full technical report of TTD 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.