Why the growth investor may take a look at NYSE:HCI.

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

• In the most recent financial report, HCI GROUP INC reported a 143.0% 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 impressive quarter-to-quarter (Q2Q) revenue growth of 60.13%, HCI GROUP INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• The EPS of HCI GROUP INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• In terms of Return on Equity(ROE), HCI GROUP INC is performing well, achieving a 27.3% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• The Relative Strength (RS) of HCI GROUP INC has been consistently solid, with a current 90.5 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. HCI GROUP INC exhibits strong prospects for further price appreciation.
• With a current Debt-to-Equity ratio at 0.59, HCI GROUP INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With institutional shareholders at 68.11%, HCI GROUP 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.

Deciphering the Technical Picture of NYSE:HCI

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

We assign a technical rating of 3 out of 10 to HCI. Although HCI 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, HCI did better than 90% of all other stocks.
• HCI is one of the better performing stocks in the Insurance industry, it outperforms 89% of 140 stocks in the same industry.
• The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
• HCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HCI is lagging the market.

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

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to HCI. HCI was compared to 140 industry peers in the Insurance industry. HCI has an excellent profitability rating, but there are some minor concerns on its financial health. HCI has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.