Is NASDAQ:VNOM a Fit for Growth Investing Strategies?

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

Why NASDAQ:VNOM may be interesting for canslim investors.

• VIPER ENERGY INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 29.79% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• VIPER ENERGY INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 34.78%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• VIPER ENERGY INC has achieved 113.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• The Return on Equity (ROE) of VIPER ENERGY INC stands at 21.61%, 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.
• VIPER ENERGY INC has achieved an impressive Relative Strength (RS) rating of 92.99, showcasing its ability to outperform the broader market. This strong performance positions VIPER ENERGY INC as an attractive stock for potential price appreciation.
• VIPER ENERGY INC maintains a healthy Debt-to-Equity ratio of 0.92. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With 42.85% of the total shares held by institutional investors, VIPER ENERGY INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

What is the technical picture of NASDAQ:VNOM telling us.

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.

Taking everything into account, VNOM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VNOM has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that VNOM is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, VNOM also shows a nice and consistent pattern of rising prices.
• VNOM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 205 stocks in the same industry.
• VNOM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• VNOM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Our latest full technical report of VNOM contains the most current technical analsysis.

What is the full fundamental picture of NASDAQ:VNOM telling us.

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

Taking everything into account, VNOM scores 6 out of 10 in our fundamental rating. VNOM was compared to 205 industry peers in the Oil, Gas & Consumable Fuels industry. While VNOM has a great health rating, its profitability is only average at the moment. VNOM is quite expensive at the moment. It does show a decent growth rate.

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

More growth stocks can be found in our CANSLIM screen.

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.