Why NASDAQ:HCCI qualifies as a high growth stock.

In this article we will dive into HERITAGE-CRYSTAL CLEAN INC (NASDAQ:HCCI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed HERITAGE-CRYSTAL CLEAN INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:HCCI may be interesting for canslim investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), HERITAGE-CRYSTAL CLEAN INC highlights its ability to generate increasing profitability, showcasing a 29.63% growth.
• HERITAGE-CRYSTAL CLEAN INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 38.83%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• The EPS of HERITAGE-CRYSTAL CLEAN INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With a solid Return on Equity (ROE) of 19.84%, HERITAGE-CRYSTAL CLEAN INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• The Relative Strength (RS) of HERITAGE-CRYSTAL CLEAN INC has consistently been strong, with a current 93.53 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. HERITAGE-CRYSTAL CLEAN INC demonstrates promising potential for sustained price momentum.
• With a Debt-to-Equity ratio at 0.19, HERITAGE-CRYSTAL CLEAN INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• The ownership composition of HERITAGE-CRYSTAL CLEAN INC reflects a balanced investor ecosystem, with institutional shareholders owning 64.19%. This indicates a broader market participation and potential for increased trading liquidity.

Technical Analysis Observations

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.

Overall HCCI gets a technical rating of 8 out of 10. Although HCCI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

• Both the short term and long term trends are positive. This is a very positive sign.
• HCCI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 88% of 78 stocks in the same industry.
• HCCI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HCCI is performing more or less in line with the market.
• HCCI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• When comparing the yearly performance of all stocks, we notice that HCCI is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

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

What is the full fundamental picture of NASDAQ:HCCI telling us.

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.

HCCI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 78 industry peers in the Commercial Services & Supplies industry. While HCCI has a great profitability rating, there are some minor concerns on its financial health. HCCI has a correct valuation and a medium growth rate.

Our latest full fundamental report of HCCI contains the most current fundamental analsysis.

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.