Why NYSE:HCI qualifies as a high growth stock.

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

Looking into the canslim metrics of HCI GROUP INC

• In the most recent financial report, HCI GROUP INC reported a 245.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• HCI GROUP INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 61.99%, 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.
• HCI GROUP INC has achieved 31.67% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• HCI GROUP INC has a healthy Return on Equity(ROE) of 33.1%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• HCI GROUP INC has achieved an impressive Relative Strength (RS) rating of 94.31, showcasing its ability to outperform the broader market. This strong performance positions HCI GROUP INC as an attractive stock for potential price appreciation.
• HCI GROUP INC maintains a healthy Debt-to-Equity ratio of 0.52. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• HCI GROUP INC demonstrates a balanced ownership structure, with institutional shareholders at 76.19%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical analysis of NYSE:HCI

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Taking everything into account, HCI scores 9 out of 10 in our technical rating. HCI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that HCI is one of the better performing stocks in the market, outperforming 94% of all stocks.
• HCI is one of the better performing stocks in the Insurance industry, it outperforms 90% of 141 stocks in the same industry.
• In the last month HCI has a been trading in the 90.01 - 100.75 range, which is quite wide. It is currently trading near the high of this range.
• HCI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HCI is lagging the market slightly.

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

Fundamental analysis of NYSE:HCI

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

Overall HCI gets a fundamental rating of 7 out of 10. We evaluated HCI against 141 industry peers in the Insurance industry. HCI scores excellent on profitability, but there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: HCI is growing strongly while it also seems undervalued. These ratings could make HCI a good candidate for value and growth investing.

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

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.