Is NYSE:HCI suited for growth investing?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if HCI GROUP INC (NYSE:HCI) is suited for growth investing. Investors should of course do their own research, but we spotted HCI GROUP 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 NYSE:HCI highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), HCI GROUP INC highlights its ability to generate increasing profitability, showcasing a 143.0% growth.
• HCI GROUP INC has demonstrated strong q2q revenue growth of 60.13%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• Over the past 3 years, HCI GROUP INC has demonstrated 31.67% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• HCI GROUP INC has achieved an impressive Return on Equity (ROE) of 23.52%, showcasing its ability to generate favorable returns for shareholders.
• HCI GROUP INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 92.55 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. HCI GROUP INC is well-positioned for potential price growth opportunities.
• HCI GROUP INC maintains a healthy Debt-to-Equity ratio of 0.64. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• The ownership composition of HCI GROUP INC reflects a balanced investor ecosystem, with institutional shareholders owning 69.39%. This indicates a broader market participation and potential for increased trading liquidity.

What is the technical picture of NYSE:HCI telling us.

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.

Taking everything into account, HCI scores 4 out of 10 in our technical rating. HCI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

• When comparing the yearly performance of all stocks, we notice that HCI is one of the better performing stocks in the market, outperforming 92% of all stocks.
• HCI is part of the Insurance industry. There are 140 other stocks in this industry. HCI outperforms 92% of them.
• HCI 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 HCI is lagging the market slightly.
• The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

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

What is the full fundamental picture of NYSE:HCI telling us.

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.

HCI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 140 industry peers in the Insurance industry. While HCI has a great health rating, its profitability is only average at the moment. HCI has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make HCI suitable for value and growth investing!

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

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.