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Why KINSALE CAPITAL GROUP INC (NYSE:KNSL) qualifies as a high growth stock.

By Mill Chart

Last update: Oct 24, 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.

Some of the canslim metrics of NYSE:KNSL highlighted

  • 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.
  • The EPS of KINSALE CAPITAL GROUP INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • The Return on Equity (ROE) of KINSALE CAPITAL GROUP INC stands at 26.25%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • KINSALE CAPITAL GROUP INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 94.33 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. KINSALE CAPITAL GROUP INC is well-positioned for potential price growth opportunities.
  • 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.
  • The ownership composition of KINSALE CAPITAL GROUP INC reflects a balanced investor ecosystem, with institutional shareholders owning 82.55%. This indicates a broader market participation and potential for increased trading liquidity.

Insights from Technical Analysis

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

Taking everything into account, KNSL scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • 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.
  • 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. We also observe that the gains produced by KNSL over the past year are nicely spread over this period.
  • KNSL is part of the Insurance industry. There are 142 other stocks in this industry. KNSL outperforms 87% of them.
  • KNSL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so KNSL slightly outperforms the market at the moment.

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

A complete fundamental analysis of NYSE:KNSL

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.

We assign a fundamental rating of 6 out of 10 to KNSL. KNSL was compared to 142 industry peers in the Insurance industry. While KNSL has a great profitability rating, there are quite some concerns on its financial health. KNSL shows excellent growth, but is valued quite expensive already.

Our latest full fundamental report of KNSL contains the most current fundamental analsysis.

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

Disclaimer

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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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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