Why the high growth investor may take a look at VIRTU FINANCIAL INC-CLASS A (NASDAQ:VIRT).

Our stock screener has spotted VIRTU FINANCIAL INC-CLASS A (NASDAQ:VIRT) as a possible breakout candidate. A technical breakout setup pattern occurs when the stock is consolidating after a nice uptrend. Whether the actual breakout occurs remains to be seen of course, but it may be interesting to keep an eye on NASDAQ:VIRT.

What is the technical picture of NASDAQ:VIRT telling us.

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

Taking everything into account, VIRT scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

• The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
• When comparing the yearly performance of all stocks, we notice that VIRT is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, VIRT also shows a nice and consistent pattern of rising prices.
• VIRT is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 223 stocks in the same industry.
• VIRT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so VIRT slightly outperforms the market at the moment.
• In the last month VIRT has a been trading in the 34.38 - 39.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

How does the Setup look for NASDAQ:VIRT

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:VIRT has a 7 as its setup rating, indicating its current consolidation status.

VIRT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 36.52, a Stop Loss order could be placed below this zone.

Some of the high growth metrics of NASDAQ:VIRT highlighted

Explosive Earnings Growth

• VIRT has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 322.0% increase. This indicates improving financial performance and the company's effective management of its operations.
• The 1-year EPS growth of VIRT (93.99%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• accelerating EPS growth for VIRT: the current Q2Q growth of 322.0% exceeds the previous year Q2Q growth of -27.03%.
• The quarter-to-quarter (Q2Q) revenue growth of 104.0% of VIRT 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 drive revenue growth.
• With notable 1-year revenue growth of 25.44%, VIRT exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• The average next Quarter EPS Estimate by analysts was adjusted by 22.21%, reflecting the evolving market expectations for the company's EPS growth.
• VIRT has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.

Profitability & Financial Strength

• With positive growth in its operating margin over the past year, VIRT showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• The free cash flow (FCF) of VIRT has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• With a solid Return on Equity (ROE) of 20.76%, VIRT exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.

Institutional Confidence & Market Strength

• With institutional shareholders at 89.44%, VIRT demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.
• VIRT has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 95.7 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. VIRTU FINANCIAL INC-CLASS A is well-positioned for potential price growth opportunities.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

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.