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.

Some of the canslim metrics of NYSE:CMRE highlighted

• The EPS of COSTAMARE INC has exhibited growth from one quarter to another (Q2Q), with a 37.5% 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 30.48%, 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.
• The EPS of COSTAMARE INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With a favorable Return on Equity (ROE) of 12.42%, COSTAMARE INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• The Relative Strength (RS) of COSTAMARE INC has been consistently solid, with a current 75.74 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. COSTAMARE INC exhibits strong prospects for further price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.82, COSTAMARE INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 26.13% 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.

In-Depth Technical Analysis of NYSE:CMRE

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 2 out of 10 to CMRE. Although CMRE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
• When comparing the yearly performance of all stocks, we notice that CMRE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, we also see that CMRE couldn't keep up this performance in the last couple of months.
• CMRE is part of the Marine Transportation industry. There are 27 other stocks in this industry, CMRE did better than 57% 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.

Fundamental analysis of NYSE:CMRE

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

Taking everything into account, CMRE scores 4 out of 10 in our fundamental rating. CMRE was compared to 27 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 may be a bit undervalued, certainly considering the very reasonable score on growth

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

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.