Is NASDAQ:VITL suited for growth 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.

Looking into the canslim metrics of VITAL FARMS INC

• The quarterly earnings of VITAL FARMS INC have shown a 60.0% 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 consistent quarter-to-quarter (Q2Q) revenue growth of 31.31%, VITAL FARMS INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• Over the past 3 years, VITAL FARMS INC has demonstrated 29.79% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The Return on Equity(ROE) of VITAL FARMS INC is 19.74%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• VITAL FARMS INC has exhibited strong Relative Strength(RS) in recent periods, with a current 97.17 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. VITAL FARMS INC shows promising potential for continued price momentum.
• 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 institutional shareholders at 73.39%, VITAL FARMS INC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Zooming in on the technicals.

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

Overall VITL gets a technical rating of 10 out of 10. 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 97% of all stocks. We also observe that the gains produced by VITL over the past year are nicely spread over this period.
• VITL is one of the better performing stocks in the Food Products industry, it outperforms 95% of 90 stocks in the same industry.
• VITL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VITL is lagging the market slightly.
• In the last month VITL has a been trading in the 37.00 - 45.72 range, which is quite wide. It is currently trading near the high of this range.

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

Fundamental analysis of NASDAQ:VITL

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.

Taking everything into account, VITL scores 7 out of 10 in our fundamental rating. VITL was compared to 90 industry peers in the Food Products industry. VITL gets an excellent profitability rating and is at the same time showing great financial health properties. VITL is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes VITL very considerable for growth and quality investing!

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

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.