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Is NYSE:KNSL suited for CANSLIM investing?

By Mill Chart

Last update: Apr 11, 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.
  • KINSALE CAPITAL GROUP INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 45.3%, 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 has achieved an impressive Return on Equity (ROE) of 28.35%, showcasing its ability to generate favorable returns for shareholders.
  • The Relative Strength (RS) of KINSALE CAPITAL GROUP INC has been consistently solid, with a current 88.2 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. KINSALE CAPITAL GROUP INC exhibits strong prospects for further price appreciation.
  • Maintaining a Debt-to-Equity ratio of 0.17, 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.
  • KINSALE CAPITAL GROUP INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 82.44%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Analyzing the Technical Aspects

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

Taking everything into account, KNSL scores 6 out of 10 in our technical rating. In the last year, KNSL was one of the better performers, but we do observe some doubts in the very recent evolution.

  • When comparing the yearly performance of all stocks, we notice that KNSL is one of the better performing stocks in the market, outperforming 88% of all stocks.
  • KNSL is part of the Insurance industry. There are 140 other stocks in this industry. KNSL outperforms 88% of them.
  • The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
  • 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.

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

How does the complete fundamental picture look for 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.

We assign a fundamental rating of 6 out of 10 to KNSL. KNSL was compared to 140 industry peers in the Insurance industry. KNSL scores excellent on profitability, 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

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

Disclaimer

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 (4/26/2024, 7:04:00 PM)

After market: 378.9 +4.26 (+1.14%)

374.64

-78.45 (-17.31%)

KNSL News

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News Image2 days ago - ChartmillWhat's going on in today's session

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 Image2 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 Image2 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....

News Image3 days ago - Kinsale Capital Group, Inc.Kinsale Capital Group Reports First Quarter 2024 Results
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Why the growth investor may take a look at NYSE:KNSL.

News Image17 days ago - ChartmillIs NYSE:KNSL suited for CANSLIM investing?

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

News Image24 days ago - Kinsale Capital Group, Inc.Kinsale Capital Group Announces First Quarter 2024 Earnings Release Date and Conference Call
News Image2 months ago - The Motley FoolThis Unstoppable Growth Stock Has Delivered 53% Annualized Returns Over the Past 5 Years. Is It Too Late to Buy?

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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