Exploring NASDAQ:ESOA's CANSLIM characteristics.

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.

What matters for canslim investors.

• In the most recent financial report, ENERGY SERVICES OF AMERICA reported a 36.36% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The recent q2q revenue growth of 32.52% of ENERGY SERVICES OF AMERICA showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• 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 29.15%, 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 been consistently solid, with a current 97.41 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. ENERGY SERVICES OF AMERICA exhibits strong prospects for further price appreciation.
• With a current Debt-to-Equity ratio at 1.12, 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 exhibits a favorable ownership structure, with an institutional shareholder ownership of 27.39%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Zooming in on the technicals.

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.

Overall ESOA gets a technical rating of 7 out of 10. In the last year, ESOA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

• The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
• Looking at the yearly performance, ESOA did better than 97% 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 65 other stocks in this industry. ESOA outperforms 98% of them.
• 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.
• In the last month ESOA has a been trading in the 6.24 - 8.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of ESOA contains the most current technical analsysis.

How does the complete fundamental picture look for NASDAQ:ESOA?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Taking everything into account, ESOA scores 5 out of 10 in our fundamental rating. 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 not priced too expensively while it is growing strongly. Keep and eye on this one!

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

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

Keep in mind

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.