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Why NYSE:KNSL is Poised for High Growth.

By Mill Chart

Last update: Mar 20, 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.

Looking into the canslim metrics of KINSALE CAPITAL GROUP INC

  • The earnings per share (EPS) of KINSALE CAPITAL GROUP INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 48.85% increase. This reflects the company's ability to improve its profitability over time.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 45.3%, 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.
  • 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.
  • With a favorable Return on Equity (ROE) of 28.35%, KINSALE CAPITAL GROUP INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • KINSALE CAPITAL GROUP INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 95.38 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 0.17, 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.
  • With 82.44% 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.

Technical Analysis Observations

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple 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.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • Looking at the yearly performance, KNSL did better than 95% of all other stocks.
  • KNSL is one of the better performing stocks in the Insurance industry, it outperforms 96% of 140 stocks in the same industry.
  • KNSL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KNSL is lagging the market slightly.
  • In the last month KNSL has a been trading in the 484.77 - 548.47 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.

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

Zooming in on the fundamentals.

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 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 shows excellent growth, but is valued quite expensive already.

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

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 (4/19/2024, 10:34:18 AM)

451.59

-0.33 (-0.07%)

KNSL News

News Image4 days ago - ChartmillWhy KINSALE CAPITAL GROUP INC (NYSE:KNSL) qualifies as a high growth stock.

Why the growth investor may take a look at NYSE:KNSL.

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Why KINSALE CAPITAL GROUP INC (NYSE:KNSL) is Poised for High Growth.

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