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Should you consider NASDAQ:CRESY for growth investing?

By Mill Chart

Last update: Nov 21, 2023

In this article we will dive into CRESUD S.A.-SPONS ADR (NASDAQ:CRESY) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CRESUD S.A.-SPONS ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:CRESY may be interesting for canslim investors.

  • In the most recent financial report, CRESUD S.A.-SPONS ADR reported a 41.18% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 106.0%, CRESUD S.A.-SPONS ADR 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.
  • CRESUD S.A.-SPONS ADR has achieved 50.43% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • In terms of Return on Equity(ROE), CRESUD S.A.-SPONS ADR is performing well, achieving a 25.38% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
  • The Relative Strength (RS) of CRESUD S.A.-SPONS ADR has been consistently solid, with a current 96.8 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. CRESUD S.A.-SPONS ADR exhibits strong prospects for further price appreciation.
  • With a Debt-to-Equity ratio at 0.85, CRESUD S.A.-SPONS ADR showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
  • CRESUD S.A.-SPONS ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 10.86%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

In-Depth Technical Analysis of NASDAQ:CRESY

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

We assign a technical rating of 10 out of 10 to CRESY. Both in the recent history as in the last year, CRESY has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • 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 CRESY is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, CRESY also shows a nice and consistent pattern of rising prices.
  • CRESY is one of the better performing stocks in the Food Products industry, it outperforms 97% of 91 stocks in the same industry.
  • A new 52 week high is currently being made by CRESY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
  • In the last month CRESY has a been trading in the 7.09 - 10.19 range, which is quite wide. It is currently trading near the high of this range.
  • Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Check the latest full technical report of CRESY for a complete technical analysis.

Zooming in on the fundamentals.

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.

We assign a fundamental rating of 4 out of 10 to CRESY. CRESY was compared to 91 industry peers in the Food Products industry. While CRESY has a great profitability rating, there are quite some concerns on its financial health. CRESY is quite expensive at the moment. It does show a decent growth rate.

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

More growth stocks can be found in our CANSLIM screen.

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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CRESUD S.A.-SPONS ADR

NASDAQ:CRESY (4/19/2024, 7:00:00 PM)

9.17

+0.39 (+4.44%)

CRESY News

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Cresud press release (CRESY): 1H GAAP EPS of ARS 69.91. The net result for the first semester of fiscal year 2024 recorded a gain of ARS 122,205 million compared to ARS 59,907 million

News Image2 months ago - Cresud S.A.C.I.F. y A.CRESUD S.A.C.I.F. y A. announces its results for the second quarter of Fiscal Year 2024 ended December 31, 2023

/PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the second quarter...

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Cresud SACIF just reported results for the fourth quarter of 2023.

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Cresud's Q1 2024 adjusted EBITDA decreases by 39.1% compared to 2023, while net result shows a significant gain due to IRSA's investment property value...

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