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NYSE:CIVI: a strong growth stock preparing for the next leg up?.

By Mill Chart

Last update: Oct 23, 2023

Exploring Growth Potential: CIVITAS RESOURCES INC (NYSE:CIVI) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and CIVITAS RESOURCES INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected CIVITAS RESOURCES INC on our screen for growth with base formation, suggesting it merits a closer look.

Assessing Growth Metrics for NYSE:CIVI

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:CIVI scores a 8 out of 10:

  • The Earnings Per Share has grown by an nice 18.37% over the past year.
  • CIVI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 57.99% yearly.
  • Looking at the last year, CIVI shows a quite strong growth in Revenue. The Revenue has grown by 17.57% in the last year.
  • Measured over the past years, CIVI shows a very strong growth in Revenue. The Revenue has been growing by 81.57% on average per year.
  • The Earnings Per Share is expected to grow by 9.91% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 593.11% on average over the next years. This is a very strong growth
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Evaluating Health: NYSE:CIVI

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:CIVI has earned a 6 out of 10:

  • A Current Ratio of 2.80 indicates that CIVI has no problem at all paying its short term obligations.
  • With an excellent Current ratio value of 2.80, CIVI belongs to the best of the industry, outperforming 80.73% of the companies in the same industry.
  • CIVI has a Quick Ratio of 2.80. This indicates that CIVI is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of CIVI (2.80) is better than 81.65% of its industry peers.

Profitability Assessment of NYSE:CIVI

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:CIVI has earned a 7 out of 10:

  • The last Return On Invested Capital (13.21%) for CIVI is above the 3 year average (11.44%), which is a sign of increasing profitability.
  • Looking at the Profit Margin, with a value of 32.80%, CIVI is in the better half of the industry, outperforming 66.06% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CIVI has grown nicely.
  • CIVI has a Operating Margin of 51.42%. This is amongst the best in the industry. CIVI outperforms 81.65% of its industry peers.
  • CIVI's Operating Margin has improved in the last couple of years.
  • The Gross Margin of CIVI (92.63%) is better than 94.95% of its industry peers.
  • In the last couple of years the Gross Margin of CIVI has grown nicely.

Why is NYSE:CIVI a setup?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:CIVI is 7:

CIVI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CIVI in the last couple of days, which is a good sign.

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

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

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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CIVITAS RESOURCES INC

NYSE:CIVI (4/19/2024, 7:04:00 PM)

After market: 72.07 -0.56 (-0.77%)

72.63

+0.74 (+1.03%)

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