Why the CANSLIM investor may take a look at NASDAQ:VITL.

Last update: Sep 2, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if VITAL FARMS INC (NASDAQ:VITL) is suited for growth investing. Investors should of course do their own research, but we spotted VITAL FARMS INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:VITL highlighted

The quarterly earnings of VITAL FARMS INC have shown a 140.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
With impressive quarter-to-quarter (Q2Q) revenue growth of 38.46%, VITAL FARMS INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
The EPS of VITAL FARMS INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
VITAL FARMS INC demonstrates a strong Return on Equity(ROE) of 19.74%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. VITAL FARMS INC shows promising potential for continued success.
VITAL FARMS INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 97.36 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. VITAL FARMS INC is well-positioned for potential price growth opportunities.
With a current Debt-to-Equity ratio at 0.04, VITAL FARMS INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
With 77.03% of the total shares held by institutional investors, VITAL FARMS INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical analysis of NASDAQ:VITL

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 3 out of 10 to VITL. Although VITL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, we notice that VITL is one of the better performing stocks in the market, outperforming 97% of all stocks.
VITL is one of the better performing stocks in the Food Products industry, it outperforms 94% of 92 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
VITL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VITL is lagging the market.

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

Fundamental analysis of NASDAQ:VITL

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Overall VITL gets a fundamental rating of 7 out of 10. We evaluated VITL against 92 industry peers in the Food Products industry. VITL has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. VITL is growing strongly while it is still valued neutral. This is a good combination! These ratings would make VITL suitable for growth and quality investing!

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

More growth stocks can be found in our CANSLIM screen.

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.