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Why NASDAQ:CSIQ qualifies as a high growth stock.

By Mill Chart

Last update: Aug 16, 2023

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if CANADIAN SOLAR INC (NASDAQ:CSIQ) is suited for growth investing. Investors should of couse do their own research, but we spotted CANADIAN SOLAR INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

What matters for growth investors.

  • With a solid Return on Equity (ROE) of 15.36%, CANADIAN SOLAR INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
  • CANADIAN SOLAR INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
  • The 1-year revenue growth of CANADIAN SOLAR INC (45.63%) 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.
  • The q2q revenue growth of 36.07% of CANADIAN SOLAR INC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • The operating margin of CANADIAN SOLAR INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
  • The free cash flow (FCF) of CANADIAN SOLAR INC 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 favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), CANADIAN SOLAR INC highlights its ability to generate increasing profitability, showcasing a 750.0% growth.
  • Analysts' average next Quarter EPS Estimate for CANADIAN SOLAR INC has witnessed a 17.09% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
  • The recent financial report of CANADIAN SOLAR INC demonstrates a 750.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • The earnings per share (EPS) growth of CANADIAN SOLAR INC are accelerating: the current Q2Q growth of 750.0% is above the previous year Q2Q growth of -61.11%. Earnings momentum and acceleration are key for high growth systems.

What is the full fundamental picture of NASDAQ:CSIQ telling us.

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Taking everything into account, CSIQ scores 4 out of 10 in our fundamental rating. CSIQ was compared to 105 industry peers in the Semiconductors & Semiconductor Equipment industry. CSIQ has a medium profitability rating, but doesn't score so well on its financial health evaluation. An interesting combination arises when we look at growth and value: CSIQ is growing strongly while it also seems undervalued.

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

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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CANADIAN SOLAR INC

NASDAQ:CSIQ (11/30/2023, 10:16:04 AM)

21.7

+0.79 (+3.78%)

CSIQ News

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