Is NASDAQ:VITL suited for CANSLIM investing?

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

• VITAL FARMS INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 60.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• VITAL FARMS INC has demonstrated strong q2q revenue growth of 31.31%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• 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.
• The Return on Equity (ROE) of VITAL FARMS INC stands at 19.74%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• VITAL FARMS INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 96.01 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.
• VITAL FARMS INC demonstrates a balanced ownership structure, with institutional shareholders at 73.39%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

In-Depth Technical Analysis of NASDAQ:VITL

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

Taking everything into account, VITL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VITL is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that VITL is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by VITL over the past year are nicely spread over this period.
• VITL is part of the Food Products industry. There are 92 other stocks in this industry. VITL outperforms 95% of them.
• VITL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VITL is performing more or less in line with the market.
• In the last month VITL has a been trading in the 36.54 - 40.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

Fundamental Analysis Observations

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

VITL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, VITL could be worth investigating further for growth and quality investing!.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

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.