Exploring NASDAQ:ESOA's CANSLIM characteristics.

In this article we will dive into ENERGY SERVICES OF AMERICA (NASDAQ:ESOA) as a possible candidate for growth investing. Investors should always do their own research, but we noticed ENERGY SERVICES OF AMERICA showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of ENERGY SERVICES OF AMERICA

• 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.
• ENERGY SERVICES OF AMERICA has experienced 50.17% q2q revenue growth, indicating a significant sales increase.
• ENERGY SERVICES OF AMERICA has experienced 54.66% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• ENERGY SERVICES OF AMERICA showcases a robust Return on Equity (ROE) of 26.13%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• The Relative Strength (RS) of ENERGY SERVICES OF AMERICA has consistently been strong, with a current 97.55 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.
• ENERGY SERVICES OF AMERICA demonstrates a balanced ownership structure, with institutional shareholders at 24.25%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical Analysis Observations

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Overall ESOA gets a technical rating of 5 out of 10. Although ESOA 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.

• When comparing the yearly performance of all stocks, we notice that ESOA is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ESOA over the past year are nicely spread over this period.
• ESOA is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 96% of 65 stocks in the same industry.
• Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
• ESOA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESOA is lagging the market.
• Volume is considerably higher in the last couple of days.

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

Fundamental analysis of NASDAQ:ESOA

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.

We assign a fundamental rating of 6 out of 10 to ESOA. ESOA was compared to 65 industry peers in the Energy Equipment & Services industry. ESOA has only an average score on both its financial health and profitability. ESOA is growing strongly while it is still valued neutral. This is a good combination! This makes ESOA very considerable for growth investing!

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

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

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.