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Why GOOSEHEAD INSURANCE INC -A (NASDAQ:GSHD) qualifies as a high growth stock.

By Mill Chart

Last update: Nov 27, 2023

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

A Deep Dive into GOOSEHEAD INSURANCE INC -A's Growth Metrics.

  • GOOSEHEAD INSURANCE INC -A has a healthy Return on Equity(ROE) of 23.65%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • With a track record of beating EPS estimates 3 times in the last 4 quarters, GOOSEHEAD INSURANCE INC -A 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 GOOSEHEAD INSURANCE INC -A (33.01%) 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.
  • GOOSEHEAD INSURANCE INC -A has demonstrated strong q2q revenue growth of 23.12%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • The operating margin of GOOSEHEAD INSURANCE INC -A 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.
  • With a favorable trend in its free cash flow (FCF) over the past year, GOOSEHEAD INSURANCE INC -A demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
  • The EPS of GOOSEHEAD INSURANCE INC -A has exhibited growth from one quarter to another (Q2Q), with a 91.67% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
  • Over the past 3 months, analysts have adjusted their EPS Estimate for GOOSEHEAD INSURANCE INC -A with a 17.48% change. This highlights the evolving outlook on the company's EPS potential.
  • The recent financial report of GOOSEHEAD INSURANCE INC -A demonstrates a 91.67% 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
  • accelerating EPS growth for GOOSEHEAD INSURANCE INC -A: the current Q2Q growth of 91.67% exceeds the previous year Q2Q growth of -7.69%.

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to GSHD. GSHD was compared to 142 industry peers in the Insurance industry. GSHD has only an average score on both its financial health and profitability. GSHD is valued quite expensively, but it does show have an excellent growth rating.

For an up to date full fundamental analysis you can check the fundamental report of GSHD

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.

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