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High growth, ROE and relative strength for NYSE:KNSL, growth investors may appreciate this.

By Mill Chart

Last update: Oct 2, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if KINSALE CAPITAL GROUP INC (NYSE:KNSL) is suited for growth investing. Investors should of course do their own research, but we spotted KINSALE CAPITAL GROUP INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of KINSALE CAPITAL GROUP INC

  • With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), KINSALE CAPITAL GROUP INC highlights its ability to generate increasing profitability, showcasing a 50.0% growth.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 65.15%, KINSALE CAPITAL GROUP INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • Over the past 3 years, KINSALE CAPITAL GROUP INC has demonstrated 47.86% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • KINSALE CAPITAL GROUP INC demonstrates a strong Return on Equity(ROE) of 26.25%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. KINSALE CAPITAL GROUP INC shows promising potential for continued success.
  • KINSALE CAPITAL GROUP INC has achieved an impressive Relative Strength (RS) rating of 94.49, showcasing its ability to outperform the broader market. This strong performance positions KINSALE CAPITAL GROUP INC as an attractive stock for potential price appreciation.
  • With a Debt-to-Equity ratio at 0.22, KINSALE CAPITAL GROUP INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
  • KINSALE CAPITAL GROUP INC demonstrates a balanced ownership structure, with institutional shareholders at 82.54%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Zooming in on the technicals.

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

Taking everything into account, KNSL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KNSL has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that KNSL is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, KNSL also shows a nice and consistent pattern of rising prices.
  • KNSL is one of the better performing stocks in the Insurance industry, it outperforms 93% of 142 stocks in the same industry.
  • KNSL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so KNSL is leading the market.
  • KNSL 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 KNSL contains the most current technical analsysis.

What else is there to say on the fundamentals of NYSE:KNSL?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall KNSL gets a fundamental rating of 6 out of 10. We evaluated KNSL against 142 industry peers in the Insurance industry. While KNSL has a great profitability rating, there are quite some concerns on its financial health. KNSL is valued quite expensive, but it does show an excellent growth.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

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.

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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

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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....

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News Image24 days ago - Kinsale Capital Group, Inc.Kinsale Capital Group Announces First Quarter 2024 Earnings Release Date and Conference Call
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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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