Is 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.

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 102.0% growth.
• 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.
• KINSALE CAPITAL GROUP INC has experienced 58.15% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• KINSALE CAPITAL GROUP INC exhibits a strong Return on Equity (ROE) of 29.43%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• KINSALE CAPITAL GROUP INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 94.87 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 current Debt-to-Equity ratio at 0.2, KINSALE CAPITAL GROUP INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With institutional shareholders at 82.51%, KINSALE CAPITAL GROUP INC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

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 10 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.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, KNSL did better than 94% of all other stocks.
• KNSL is one of the better performing stocks in the Insurance industry, it outperforms 95% of 140 stocks in the same industry.
• KNSL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month KNSL has a been trading in the 386.15 - 528.04 range, which is quite wide. It is currently trading near the high of this range.

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

How does the complete fundamental picture look for NYSE:KNSL?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, KNSL scores 6 out of 10 in our fundamental rating. KNSL was compared to 140 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 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 ideas for growth investing can be found on ChartMill in our CANSLIM screen.

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.