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Delving into NYSE:NRGX's Growth Prospects.

By Mill Chart

Last update: Sep 28, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PIMCO ENRGY & TACT CRDT (NYSE:NRGX) is suited for growth investing. Investors should of course do their own research, but we spotted PIMCO ENRGY & TACT CRDT showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NYSE:NRGX may be interesting for canslim investors.

  • PIMCO ENRGY & TACT CRDT has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 112.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 26.79%, PIMCO ENRGY & TACT CRDT showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • PIMCO ENRGY & TACT CRDT has achieved 51.85% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • PIMCO ENRGY & TACT CRDT has a healthy Return on Equity(ROE) of 18.88%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • PIMCO ENRGY & TACT CRDT has achieved an impressive Relative Strength (RS) rating of 92.38, showcasing its ability to outperform the broader market. This strong performance positions PIMCO ENRGY & TACT CRDT as an attractive stock for potential price appreciation.
  • Maintaining a Debt-to-Equity ratio of 0.37, PIMCO ENRGY & TACT CRDT demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • PIMCO ENRGY & TACT CRDT demonstrates a balanced ownership structure, with institutional shareholders at 42.59%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Insights from Technical Analysis

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, NRGX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NRGX 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.
  • Looking at the yearly performance, NRGX did better than 92% of all other stocks. On top of that, NRGX also shows a nice and consistent pattern of rising prices.
  • A new 52 week high is currently being made by NRGX, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so NRGX is leading the market.
  • In the last month NRGX has a been trading in the 16.84 - 18.80 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.

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

Fundamental analysis of NYSE:NRGX

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

Overall NRGX gets a fundamental rating of 2 out of 10. We evaluated NRGX against 0 industry peers in the Unkown industry. Both the profitability and financial health of NRGX have multiple concerns. While showing a medium growth rate, NRGX is valued expensive at the moment.

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. 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.

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