Is MR COOPER GROUP INC (NASDAQ:COOP) a Minervini-style stock?

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

Minervini Trend Template Analysis.

The Minervini Trend Template is a set of technical criteria designed to identify stocks in strong uptrends. We can check all the boxes for COOP:

• ✔ Relative Strength is above 70.
• ✔ Current price is within 25% of it's 52-week high.
• ✔ Current price is at least 30% above it's 52-week low.
• ✔ The current price is above the 50-, 150- and 200-day SMA price line.
• ✔ The SMA(200) is trending upwards.
• ✔ The SMA(150) is above the SMA(200)
• ✔ The SMA(50) is above the SMA(150) and the SMA(200)

Some of the high growth metrics of COOP highlighted

To evaluate a stock's growth potential, ChartMill utilizes a High Growth Momentum Rating (HGM) on a scale of 0 to 10. This assessment considers various growth and profitability aspects, like EPS and revenue growth, accelleration, surprises and revisions. COOP has achieved a 5 out of 10:

Explosive Earnings Growth

• The quarterly earnings of COOP have shown a 59.65% 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
• Accelerating EPS growth for COOP: the current Q2Q growth of 59.65% exceeds the previous quarter Q2Q growth of 1.79%.
• COOP has experienced 41.28% growth in EPS over a 12 month period, demonstrating its ability to generate sustained and positive earnings momentum.
• The q2q revenue growth of 61.88% of COOP highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• The sales growth of COOP is accelerating: the current Q2Q growth of 61.88% is above the previous quarter Q2Q growth of -26.13%. Sales momentum and acceleration are key for high growth systems.
• The 1-year revenue growth of COOP (24.02%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• COOP has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.

Financial Strength & Profitability

• With a favorable trend in its operating margin over the past year, COOP demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• In the past year COOP has expanded its Profit Margin, which demonstrates increasing profitability.
• In terms of Return on Equity(ROE), COOP is performing well, achieving a 13.9% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.

Market Strength & Institutional Confidence

• The ownership composition of COOP reflects a balanced investor ecosystem, with institutional shareholders owning 90.32%. This indicates a broader market participation and potential for increased trading liquidity.
• COOP has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 91.59 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning.

Looking at the Setup

ChartMill also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, COOP exhibits a 6 setup rating, indicating its consolidation status in recent days and weeks.

COOP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for COOP in the last couple of days, which is a good sign.

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

More like this

It looks like MR COOPER GROUP INC meets the Minervini criteria. More high growth momentum breakout stocks can be found in our High Growth Momentum + Trend Template screen.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.