Why the CANSLIM investor may take a look at NYSE:CMRE.

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

• The EPS of COSTAMARE INC has exhibited growth from one quarter to another (Q2Q), with a 65.79% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 89.1%, COSTAMARE INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• Over the past 3 years, COSTAMARE INC has demonstrated 26.81% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• COSTAMARE INC exhibits a strong Return on Equity (ROE) of 12.42%, 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.
• COSTAMARE INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 93.4 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. COSTAMARE INC is well-positioned for potential price growth opportunities.
• 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.
• COSTAMARE INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 23.53%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

In-Depth Technical Analysis of NYSE:CMRE

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.

Overall CMRE gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

• When comparing the yearly performance of all stocks, we notice that CMRE is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, CMRE also shows a nice and consistent pattern of rising prices.
• 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.
• CMRE is an average performer in the Marine Transportation industry, it outperforms 67% of 29 stocks in the same industry.
• CMRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMRE is lagging the market.

Our latest full technical report of CMRE contains the most current technical analsysis.

Fundamental Analysis Observations

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

CMRE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 29 industry peers in the Marine Transportation industry. While CMRE is still in line with the averages on profitability rating, there are concerns on its financial health. CMRE scores decently on growth, while it is valued quite cheap. This could make an interesting combination.

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

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.