Should you consider HCI GROUP INC (NYSE:HCI) for growth investing?

In this article we will dive into HCI GROUP INC (NYSE:HCI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed HCI GROUP INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• The quarterly earnings of HCI GROUP INC have shown a 5.0K% 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
• HCI GROUP INC has experienced 35.62% q2q revenue growth, indicating a significant sales increase.
• HCI GROUP INC has achieved 31.67% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• The Return on Equity(ROE) of HCI GROUP INC is 23.52%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• HCI GROUP INC has achieved an impressive Relative Strength (RS) rating of 95.83, showcasing its ability to outperform the broader market. This strong performance positions HCI GROUP INC as an attractive stock for potential price appreciation.
• HCI GROUP INC maintains a healthy Debt-to-Equity ratio of 0.64. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• The ownership composition of HCI GROUP INC reflects a balanced investor ecosystem, with institutional shareholders owning 67.4%. This indicates a broader market participation and potential for increased trading liquidity.

Analyzing the Technical Aspects

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 HCI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HCI is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that HCI is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by HCI over the past year are nicely spread over this period.
• HCI is one of the better performing stocks in the Insurance industry, it outperforms 95% of 140 stocks in the same industry.
• HCI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• HCI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

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

How does the complete fundamental picture look for NYSE:HCI?

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

Taking everything into account, HCI scores 6 out of 10 in our fundamental rating. HCI was compared to 140 industry peers in the Insurance industry. HCI is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. HCI is not valued too expensively and it also shows a decent growth rate.

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. 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.