Evaluating PRO-DEX INC (NASDAQ:PDEX) for Growth Investment Opportunities.

In this article we will dive into PRO-DEX INC (NASDAQ:PDEX) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PRO-DEX INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

What matters for growth investors.

• The Return on Equity (ROE) of PDEX stands at 21.21%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• With a track record of beating EPS estimates 3 times in the last 4 quarters, PDEX showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• The 1-year revenue growth of PDEX (26.44%) 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.
• PDEX has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 33.4%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• PDEX has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• PDEX has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• PDEX has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 336.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Analysts' average next Quarter EPS Estimate for PDEX has witnessed a 9.3% change in the last 3 months, underscoring the evolving market expectations towards the company's EPS prospects.
• PDEX has experienced %EPSYGROWTHTTM% growth in EPS over a 12 month period, demonstrating its ability to generate sustained and positive earnings momentum.
• The earnings per share (EPS) growth of PDEX is accelerating: the current Q2Q growth of 336.0% is above the previous year Q2Q growth of -41.67%. Earnings momentum and acceleration are key for high growth systems.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Taking everything into account, PDEX scores 6 out of 10 in our fundamental rating. PDEX was compared to 191 industry peers in the Health Care Equipment & Supplies industry. Both the health and profitability get an excellent rating, making PDEX a very profitable company, without any liquidiy or solvency issues. PDEX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, PDEX could be worth investigating further for growth and quality investing!.

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

More ideas for growth investing can be found on ChartMill in our Lois Navellier 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.