Why NYSE:CMRE qualifies as a CANSLIM stock.

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 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 3-year EPS growth of COSTAMARE INC (26.81%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• 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.
• COSTAMARE INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 86.77 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.
• 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.
• COSTAMARE INC demonstrates a balanced ownership structure, with institutional shareholders at 26.13%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Deciphering the Technical Picture of NYSE:CMRE

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Taking everything into account, CMRE scores 10 out of 10 in our technical rating. 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.
• Looking at the yearly performance, CMRE did better than 86% of all other stocks. We also observe that the gains produced by CMRE over the past year are nicely spread over this period.
• CMRE is one of the better performing stocks in the Marine Transportation industry, it outperforms 76% of 27 stocks in the same industry.
• 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.
• CMRE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

For an up to date full technical analysis you can check the technical report of CMRE

Zooming in on the fundamentals.

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

Taking everything into account, CMRE scores 5 out of 10 in our fundamental rating. CMRE was compared to 27 industry peers in the Marine Transportation industry. Both the profitability and the financial health of CMRE get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on CMRE.

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.