Exploring WELLTOWER INC (NYSE:WELL)'s high growth characteristics.

Our stock screener has spotted WELLTOWER INC (NYSE:WELL) 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 NYSE:WELL.

Insights from Technical Analysis

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

Overall WELL gets a technical rating of 9 out of 10. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• When comparing the yearly performance of all stocks, we notice that WELL is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by WELL over the past year are nicely spread over this period.
• WELL is one of the better performing stocks in the Diversified REITs industry, it outperforms 92% of 129 stocks in the same industry.
• WELL 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 WELL slightly outperforms the market at the moment.

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

How does the Setup look for WELL

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, WELL has a 8 as its setup rating, indicating its current consolidation status.

WELL has an excellent technical rating and 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. There is a support zone below the current price at 147.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WELL in the last couple of days, which is a good sign.

Exploring WELL's Growth

To evaluate a stock's growth potential, ChartMill utilizes a High Growth Momentum Rating (HGM) on a scale of 0 to 10. This assessment considers various growth and profitability aspects, like EPS and revenue growth, accelleration, surprises and revisions. WELL has achieved a 6 out of 10:

Explosive Earnings Growth

• The quarterly earnings of WELL have shown a 26.67% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• WELL has achieved 144.0% growth in EPS over the past 12 months, reflecting a sustained improvement in earnings performance.
• Over the past 3 years, WELL has demonstrated 25.99% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• WELL has experienced 28.64% q2q revenue growth, indicating a significant sales increase.
• Accelerating Sales growth for WELL: the current Q2Q growth of 28.64% exceeds the previous quarter Q2Q growth of 23.69%.
• Sales acceleration happened 2 quarters in a row.
• With impressive 1-year revenue growth of 20.38%, WELL showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.

Profitability & Financial Strength

• In the past year WELL has expanded its Profit Margin, which demonstrates increasing profitability.
• The free cash flow (FCF) of WELL 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.
• WELL maintains a healthy Debt-to-Equity ratio of 0.49. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.

Market Strength

• WELL has achieved an impressive Relative Strength (RS) rating of 94.73, showcasing its ability to outperform the broader market.

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

Disclaimer

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.