High growth, ROE and relative strength for NYSE:CMRE, growth investors may appreciate this.

In this article we will dive into COSTAMARE INC (NYSE:CMRE) as a possible candidate for growth investing. Investors should always do their own research, but we noticed COSTAMARE INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of COSTAMARE INC

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), COSTAMARE INC highlights its ability to generate increasing profitability, showcasing a 65.79% growth.
• COSTAMARE INC has demonstrated strong q2q revenue growth of 89.1%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• COSTAMARE INC has experienced 26.81% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• COSTAMARE INC demonstrates a strong Return on Equity(ROE) of 12.42%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. COSTAMARE INC shows promising potential for continued success.
• The Relative Strength (RS) of COSTAMARE INC has consistently been strong, with a current 96.73 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. COSTAMARE INC demonstrates promising potential for sustained price momentum.
• COSTAMARE INC maintains a healthy Debt-to-Equity ratio of 0.82. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With 23.31% of the total shares held by institutional investors, COSTAMARE INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

What is the technical picture of NYSE:CMRE telling us.

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.

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

• 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 CMRE is one of the better performing stocks in the market, outperforming 96% of all stocks.
• CMRE is part of the Marine Transportation industry. There are 29 other stocks in this industry. CMRE outperforms 82% of them.
• CMRE 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 CMRE is lagging the market slightly.
• In the last month CMRE has a been trading in the 14.72 - 17.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
• Volume is considerably higher in the last couple of days.

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

What else is there to say on the fundamentals of NYSE:CMRE?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

We assign a fundamental rating of 4 out of 10 to CMRE. CMRE was compared to 29 industry peers in the Marine Transportation industry. There are concerns on the financial health of CMRE while its profitability can be described as average. CMRE is valued quite cheap, while showing a decent growth score. This is a good combination!

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

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

Disclaimer

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.