NASDAQ:META, a strong growth stock, setting up for a breakout.

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

How do we evaluate the Growth for NASDAQ:META?

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:META boasts a 8 out of 10:

• META shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.54%, which is quite impressive.
• The Earnings Per Share has been growing by 22.82% on average over the past years. This is a very strong growth
• The Revenue has grown by 21.94% in the past year. This is a very strong growth!
• META shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.40% yearly.
• Based on estimates for the next years, META will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.72% on average per year.
• The Revenue is expected to grow by 11.49% on average over the next years. This is quite good.

Health Insights: NASDAQ:META

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:META, the assigned 8 for health provides valuable insights:

• META has an Altman-Z score of 13.91. This indicates that META is financially healthy and has little risk of bankruptcy at the moment.
• The Altman-Z score of META (13.91) is better than 92.42% of its industry peers.
• The Debt to FCF ratio of META is 0.53, which is an excellent value as it means it would take META, only 0.53 years of fcf income to pay off all of its debts.
• Looking at the Debt to FCF ratio, with a value of 0.53, META is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
• A Debt/Equity ratio of 0.16 indicates that META is not too dependend on debt financing.
• META has a Current Ratio of 2.98. This indicates that META is financially healthy and has no problem in meeting its short term obligations.
• META's Current ratio of 2.98 is fine compared to the rest of the industry. META outperforms 69.70% of its industry peers.
• META has a Quick Ratio of 2.98. This indicates that META is financially healthy and has no problem in meeting its short term obligations.
• META has a Quick ratio of 2.98. This is in the better half of the industry: META outperforms 71.21% of its industry peers.

Profitability Analysis for NASDAQ:META

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:META, the assigned 9 is a significant indicator of profitability:

• The Return On Assets of META (22.59%) is better than 96.97% of its industry peers.
• META's Return On Equity of 34.14% is amongst the best of the industry. META outperforms 98.48% of its industry peers.
• With an excellent Return On Invested Capital value of 24.88%, META belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
• META had an Average Return On Invested Capital over the past 3 years of 21.71%. This is significantly above the industry average of 12.54%.
• The 3 year average ROIC (21.71%) for META is below the current ROIC(24.88%), indicating increased profibility in the last year.
• META's Profit Margin of 37.91% is amongst the best of the industry. META outperforms 96.97% of its industry peers.
• In the last couple of years the Profit Margin of META has grown nicely.
• META has a Operating Margin of 42.41%. This is amongst the best in the industry. META outperforms 100.00% of its industry peers.
• Looking at the Gross Margin, with a value of 81.68%, META is in the better half of the industry, outperforming 75.76% of the companies in the same industry.

Why is NASDAQ:META a setup?

Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NASDAQ:META currently holds a 7 as its setup rating, suggesting a particular level of consolidation in the stock.

Besides having an excellent technical rating, META also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.

More Strong Growth stocks can be found in our Strong Growth screener.

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

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

Keep in mind

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.