By Mill Chart
Last update: Apr 1, 2024
In this article, we'll take a closer look at ETSY INC (NASDAQ:ETSY) as a potential candidate for growth investing. While it's important for investors to conduct their own research, ETSY INC has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.
A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NASDAQ:ETSY has received a 8 out of 10:
ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NASDAQ:ETSY, the assigned 7 reflects its health status:
Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:ETSY has achieved a 7:
Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:ETSY this score is currently 7:
Although the technical rating is bad, ETSY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More Strong Growth stocks can be found in our Strong Growth screener.
Check the latest full fundamental report of ETSY for a complete fundamental analysis.
For an up to date full technical analysis you can check the technical report of ETSY
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.
ETSY INC
NASDAQ:ETSY (4/29/2024, 5:58:49 PM)
After market: 68.9174 +0.04 (+0.05%)68.88
+1.45 (+2.15%)
Explore the biggest analyst upgrades shaping Wall Street, driving optimism and strategic shifts amid recent market volatility.
Investors should take note ofETSY INC (NASDAQ:ETSY), a growth stock that remains attractively priced.
ETSY INC (NASDAQ:ETSY)—A High-Growth Stock Gearing Up for Its Next Upward Move.
Several dynamics in the company's business are causes for concern.
Several dynamics in the company's business are causes for concern.
EBay stock gained in early trading Thursday following a double upgrade from analysts at Morgan Stanley, who are bullish on AI efforts.
Stay updated with the S&P500 stocks that are on the move in today's pre-market session.
/PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers...
Top S&P500 movers in Tuesday's session