Is KINSALE CAPITAL GROUP INC (NYSE:KNSL) suited for growth investing?

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.

Some of the canslim metrics of NYSE:KNSL highlighted

• KINSALE CAPITAL GROUP INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 102.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 47.43%, KINSALE CAPITAL GROUP INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• The 3-year EPS growth of KINSALE CAPITAL GROUP INC (47.86%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• The Return on Equity(ROE) of KINSALE CAPITAL GROUP INC is 29.44%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• KINSALE CAPITAL GROUP INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 76.32 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.
• KINSALE CAPITAL GROUP INC exhibits a favorable Debt-to-Equity ratio at 0.2. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With 81.73% of the total shares held by institutional investors, KINSALE CAPITAL GROUP INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Analyzing the Technical Aspects

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

Overall KNSL gets a technical rating of 1 out of 10. KNSL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

• In the last month KNSL has a been trading in the 328.01 - 435.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
• Looking at the yearly performance, KNSL did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
• KNSL is an average performer in the Insurance industry, it outperforms 62% of 141 stocks in the same industry.
• KNSL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KNSL is lagging the market.

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

A complete fundamental analysis of NYSE:KNSL

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

Overall KNSL gets a fundamental rating of 6 out of 10. We evaluated KNSL against 141 industry peers in the Insurance industry. While KNSL belongs to the best of the industry regarding profitability, there are concerns on its financial health. KNSL is growing strongly while it is still valued neutral. This is a good combination!

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.

Keep in mind

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.