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Why NYSE:KNSL is Poised for High Growth.

By Mill Chart

Last update: Jan 17, 2024

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.

What matters for canslim investors.

  • 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.
  • KINSALE CAPITAL GROUP INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 40.22%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
  • 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 29.43%, 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 82.72 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.
  • Maintaining a Debt-to-Equity ratio of 0.2, 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.
  • The ownership composition of KINSALE CAPITAL GROUP INC reflects a balanced investor ecosystem, with institutional shareholders owning 81.33%. This indicates a broader market participation and potential for increased trading liquidity.

Technical analysis of NYSE:KNSL

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.

Taking everything into account, KNSL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KNSL is showing a nice and steady performance.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • When comparing the yearly performance of all stocks, we notice that KNSL is one of the better performing stocks in the market, outperforming 82% 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 78% of 143 stocks in the same industry.
  • In the last month KNSL has a been trading in the 325.01 - 389.04 range, which is quite wide. It is currently trading near the high of this range.
  • 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.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

Fundamental Analysis Observations

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

KNSL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 143 industry peers in the Insurance industry. KNSL has an excellent profitability rating, but there are concerns on its financial health. KNSL is valued quite expensive, but it does show an excellent growth.

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

More growth stocks can be found in our CANSLIM screen.

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.

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KINSALE CAPITAL GROUP INC

NYSE:KNSL (4/22/2024, 7:11:39 PM)

After market: 463.23 0 (0%)

463.23

+11.42 (+2.53%)

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