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Why the growth investor may take a look at NYSE:KNSL.

By Mill Chart

Last update: Aug 21, 2023

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

Looking into the canslim metrics of KINSALE CAPITAL GROUP INC

  • KINSALE CAPITAL GROUP INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 50.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • KINSALE CAPITAL GROUP INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 65.15%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
  • KINSALE CAPITAL GROUP INC has experienced 47.86% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • KINSALE CAPITAL GROUP INC has achieved an impressive Return on Equity (ROE) of 26.25%, showcasing its ability to generate favorable returns for shareholders.
  • The Relative Strength (RS) of KINSALE CAPITAL GROUP INC has been consistently solid, with a current 91.98 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. KINSALE CAPITAL GROUP INC exhibits strong prospects for further price appreciation.
  • Maintaining a Debt-to-Equity ratio of 0.22, KINSALE CAPITAL GROUP INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • KINSALE CAPITAL GROUP INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 82.11%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical analysis of NYSE:KNSL

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.

We assign a technical rating of 8 out of 10 to KNSL. In the last year, KNSL was one of the better performers, but we do observe some doubts in the very recent evolution.

  • The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
  • Looking at the yearly performance, KNSL did better than 91% of all other stocks. We also observe that the gains produced by KNSL over the past year are nicely spread over this period.
  • KNSL is one of the better performing stocks in the Insurance industry, it outperforms 87% of 142 stocks in the same industry.
  • KNSL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KNSL is performing more or less in line with the market.

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

Zooming in on the fundamentals.

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

We assign a fundamental rating of 6 out of 10 to KNSL. KNSL was compared to 142 industry peers in the Insurance industry. KNSL scores excellent on profitability, but there are concerns on its financial health. KNSL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!

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

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

Disclaimer

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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KINSALE CAPITAL GROUP INC

NYSE:KNSL (4/26/2024, 7:04:00 PM)

After market: 378.9 +4.26 (+1.14%)

374.64

-78.45 (-17.31%)

KNSL News

News Image2 days ago - Market News VideoNoteworthy Friday Option Activity: KNSL, ULTA, HTZ
News Image2 days ago - ChartmillWhat's going on in today's session

Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top gainers and losers in today's session.

News Image3 days ago - InvestorPlaceKNSL Stock Earnings: Kinsale Cap Gr Beats EPS, Beats Revenue for Q1 2024

KNSL stock results show that Kinsale Cap Gr beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

News Image3 days ago - BusinessInsiderKNSL Stock Earnings: Kinsale Cap Gr Beats EPS, Beats Revenue for Q1 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Kinsale Cap Gr (NYSE:KNSL) just reported results for the first quarter of 2024....

News Image3 days ago - Kinsale Capital Group, Inc.Kinsale Capital Group Reports First Quarter 2024 Results
News Image13 days ago - ChartmillWhy KINSALE CAPITAL GROUP INC (NYSE:KNSL) qualifies as a high growth stock.

Why the growth investor may take a look at NYSE:KNSL.

News Image17 days ago - ChartmillIs NYSE:KNSL suited for CANSLIM investing?

Why KINSALE CAPITAL GROUP INC (NYSE:KNSL) is Poised for High Growth.

News Image24 days ago - Kinsale Capital Group, Inc.Kinsale Capital Group Announces First Quarter 2024 Earnings Release Date and Conference Call
News Image2 months ago - The Motley FoolThis Unstoppable Growth Stock Has Delivered 53% Annualized Returns Over the Past 5 Years. Is It Too Late to Buy?

This little-known insurance company has achieved phenomenal growth since it went public in 2016. Can it keep winning?

News Image2 months ago - Investor's Business DailyThis Property Insurance Firm Just Saw EPS Grow 5,000% As Industry Stocks Rally

HCI Group reported better-than-expected fourth-quarter earnings and revenue late Thursday.

News Image2 months ago - Seeking AlphaKinsale Capital cut to Market Perform at BMO after strong rally (NYSE:KNSL)

BMO Capital Markets downgrades Kinsale Capital Group stock as it has surged over 50% this year, citing a slower pace in earnings beats and raises.

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