Why the growth 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.

What matters for canslim investors.

• 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 37.5% growth.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 30.48%, COSTAMARE INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• COSTAMARE INC has experienced 26.81% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• In terms of Return on Equity(ROE), COSTAMARE INC is performing well, achieving a 12.42% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• COSTAMARE INC has exhibited strong Relative Strength(RS) in recent periods, with a current 85.0 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. COSTAMARE INC shows promising potential for continued price momentum.
• COSTAMARE INC exhibits a favorable Debt-to-Equity ratio at 0.82. 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.
• COSTAMARE INC demonstrates a balanced ownership structure, with institutional shareholders at 25.01%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

In-Depth Technical Analysis of NYSE:CMRE

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

We assign a technical rating of 4 out of 10 to CMRE. CMRE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

• Looking at the yearly performance, CMRE did better than 85% of all other stocks.
• The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
• CMRE is part of the Marine Transportation industry. There are 29 other stocks in this industry, CMRE did better than 53% of them.
• CMRE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMRE is lagging the market slightly.

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

How does the complete fundamental picture look for NYSE:CMRE?

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.

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

More ideas for growth investing can be found on ChartMill 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.