Why NYSE:CMRE is Poised for High Growth.

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

• COSTAMARE INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 37.5% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• COSTAMARE INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 30.48%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• COSTAMARE INC has experienced 26.81% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• The Return on Equity(ROE) of COSTAMARE INC is 12.42%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• COSTAMARE INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 75.07 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.
• With a current Debt-to-Equity ratio at 0.82, COSTAMARE INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• The ownership composition of COSTAMARE INC reflects a balanced investor ecosystem, with institutional shareholders owning 25.89%. This indicates a broader market participation and potential for increased trading liquidity.

In-Depth Technical Analysis of NYSE:CMRE

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.

Overall CMRE gets a technical rating of 3 out of 10. 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.

• Looking at the yearly performance, CMRE did better than 75% of all other stocks. On top of that, CMRE also shows a nice and consistent pattern of rising prices.
• CMRE is one of the better performing stocks in the Marine Transportation industry, it outperforms 77% of 28 stocks in the same industry.
• The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
• 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.

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

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Overall CMRE gets a fundamental rating of 5 out of 10. We evaluated CMRE against 28 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. CMRE is not valued too expensively and it also shows a decent growth rate.

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

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.