Why HCI GROUP INC (NYSE:HCI) qualifies as a high growth stock.

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.

Why NYSE:HCI may be interesting for canslim investors.

• 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
• With impressive quarter-to-quarter (Q2Q) revenue growth of 61.99%, 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 3-year EPS growth of HCI GROUP INC (31.67%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• With a solid Return on Equity (ROE) of 33.1%, HCI GROUP INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• HCI GROUP INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 94.35 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.
• With a current Debt-to-Equity ratio at 0.52, 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 77.06%, 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.

Technical analysis of NYSE:HCI

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, HCI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HCI 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!
• Looking at the yearly performance, HCI did better than 94% of all other stocks. On top of that, HCI also shows a nice and consistent pattern of rising prices.
• HCI is one of the better performing stocks in the Insurance industry, it outperforms 95% of 141 stocks in the same industry.
• 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.
• In the last month HCI has a been trading in the 91.06 - 120.56 range, which is quite wide. It is currently trading near the high of this range.

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

Fundamental Analysis Observations

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

HCI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 141 industry peers in the Insurance industry. While HCI belongs to the best of the industry regarding profitability, 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! With these ratings, HCI could be worth investigating further for value and growth investing!.

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.

Keep in mind

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.