Why NASDAQ:ESOA is Poised for High Growth.

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 36.36% growth.
• ENERGY SERVICES OF AMERICA has demonstrated strong q2q revenue growth of 32.52%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• ENERGY SERVICES OF AMERICA has achieved 54.66% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• ENERGY SERVICES OF AMERICA demonstrates a strong Return on Equity(ROE) of 29.15%. 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.
• ENERGY SERVICES OF AMERICA has exhibited strong Relative Strength(RS) in recent periods, with a current 98.02 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. ENERGY SERVICES OF AMERICA shows promising potential for continued price momentum.
• 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 23.07%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Insights from Technical Analysis

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

We assign a technical rating of 7 out of 10 to ESOA. 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.

• 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 one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 100% 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. This is in line with the S&P500 Index, which is also trading in the middle of its range.

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

A complete fundamental analysis of NASDAQ:ESOA

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.

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. Both the profitability and the financial health of ESOA get a neutral evaluation. Nothing too spectacular is happening here. ESOA 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 ESOA

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. 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.