Why NASDAQ:ESOA qualifies as a CANSLIM stock.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ENERGY SERVICES OF AMERICA (NASDAQ:ESOA) is suited for growth investing. Investors should of course do their own research, but we spotted ENERGY SERVICES OF AMERICA showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NASDAQ:ESOA may be interesting for canslim investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), ENERGY SERVICES OF AMERICA highlights its ability to generate increasing profitability, showcasing a 1.0K% growth.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 50.17%, ENERGY SERVICES OF AMERICA showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• Over the past 3 years, ENERGY SERVICES OF AMERICA has demonstrated 54.66% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• ENERGY SERVICES OF AMERICA demonstrates a strong Return on Equity(ROE) of 26.13%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. ENERGY SERVICES OF AMERICA shows promising potential for continued success.
• The Relative Strength (RS) of ENERGY SERVICES OF AMERICA has consistently been strong, with a current 98.54 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. ENERGY SERVICES OF AMERICA demonstrates promising potential for sustained price momentum.
• With a current Debt-to-Equity ratio at 0.9, ENERGY SERVICES OF AMERICA 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 ENERGY SERVICES OF AMERICA reflects a balanced investor ecosystem, with institutional shareholders owning 22.81%. This indicates a broader market participation and potential for increased trading liquidity.

In-Depth Technical Analysis of NASDAQ:ESOA

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 10 out of 10 to ESOA. Both in the recent history as in the last year, ESOA has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, ESOA did better than 98% of all other stocks. We also observe that the gains produced by ESOA over the past year are nicely spread over this period.
• ESOA is part of the Energy Equipment & Services industry. There are 66 other stocks in this industry. ESOA outperforms 98% of them.
• ESOA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month ESOA has a been trading in the 6.97 - 8.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

A complete fundamental analysis of NASDAQ:ESOA

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, ESOA scores 5 out of 10 in our fundamental rating. ESOA was compared to 66 industry peers in the Energy Equipment & Services industry. ESOA has an average financial health and profitability rating. ESOA has a correct valuation and a medium growth rate.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

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.