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Exploring NASDAQ:HCCI's CANSLIM characteristics.

By Mill Chart

Last update: Sep 1, 2023

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

Some of the canslim metrics of NASDAQ:HCCI highlighted

  • In the most recent financial report, HERITAGE-CRYSTAL CLEAN INC reported a 29.63% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 38.83%, HERITAGE-CRYSTAL CLEAN INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • 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.
  • HERITAGE-CRYSTAL CLEAN INC has achieved an impressive Return on Equity (ROE) of 19.84%, showcasing its ability to generate favorable returns for shareholders.
  • HERITAGE-CRYSTAL CLEAN INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 94.25 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. HERITAGE-CRYSTAL CLEAN INC is well-positioned for potential price growth opportunities.
  • HERITAGE-CRYSTAL CLEAN INC maintains a healthy Debt-to-Equity ratio of 0.19. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • With institutional shareholders at 63.95%, HERITAGE-CRYSTAL CLEAN INC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Technical analysis of NASDAQ:HCCI

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.

We assign a technical rating of 8 out of 10 to HCCI. Both in the recent history as in the last year, HCCI 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!
  • When comparing the yearly performance of all stocks, we notice that HCCI is one of the better performing stocks in the market, outperforming 94% of all stocks.
  • HCCI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 90% of 78 stocks in the same industry.
  • HCCI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HCCI is lagging the market slightly.
  • 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.
  • In the last month HCCI has a been trading in a tight range between 44.60 and 46.90.

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

Fundamental analysis of NASDAQ:HCCI

As part of its analysis, ChartMill provides a comprehensive Fundamental 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 fundamental indicators and properties.

Overall HCCI gets a fundamental rating of 6 out of 10. We evaluated HCCI against 78 industry peers in the Commercial Services & Supplies industry. While HCCI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. HCCI has a correct valuation and a medium growth rate.

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

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

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.

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HERITAGE-CRYSTAL CLEAN INC

NASDAQ:HCCI (10/16/2023, 8:00:02 PM)

After market: 45.51 0 (0%)

45.51

+0.04 (+0.09%)

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