Exploring NASDAQ:CCB's CANSLIM characteristics.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if COASTAL FINANCIAL CORP/WA (NASDAQ:CCB) is suited for growth investing. Investors should of course do their own research, but we spotted COASTAL FINANCIAL CORP/WA showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:CCB highlighted

• The earnings per share (EPS) of COASTAL FINANCIAL CORP/WA have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 29.33% increase. This reflects the company's ability to improve its profitability over time.
• COASTAL FINANCIAL CORP/WA has achieved significant quarter-to-quarter (Q2Q) revenue growth of 57.76%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• COASTAL FINANCIAL CORP/WA has experienced 38.16% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• With a solid Return on Equity (ROE) of 12.31%, COASTAL FINANCIAL CORP/WA exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• The Relative Strength (RS) of COASTAL FINANCIAL CORP/WA has consistently been strong, with a current 94.9 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. COASTAL FINANCIAL CORP/WA demonstrates promising potential for sustained price momentum.
• COASTAL FINANCIAL CORP/WA exhibits a favorable Debt-to-Equity ratio at 0.14. 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.
• The ownership composition of COASTAL FINANCIAL CORP/WA reflects a balanced investor ecosystem, with institutional shareholders owning 61.21%. This indicates a broader market participation and potential for increased trading liquidity.

Technical analysis of NASDAQ:CCB

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Overall CCB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CCB has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• Looking at the yearly performance, CCB did better than 94% of all other stocks. On top of that, CCB also shows a nice and consistent pattern of rising prices.
• CCB is one of the better performing stocks in the Banks industry, it outperforms 98% of 405 stocks in the same industry.
• CCB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CCB is performing more or less in line with the market.
• In the last month CCB has a been trading in the 75.00 - 87.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

Zooming in on the fundamentals.

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.

Taking everything into account, CCB scores 4 out of 10 in our fundamental rating. CCB was compared to 405 industry peers in the Banks industry. CCB has a bad profitability rating. Also its financial health evaluation is rather negative. CCB is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!

Check the latest full fundamental report of CCB for a complete fundamental analysis.

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.