Should you consider KINSALE CAPITAL GROUP INC (NYSE:KNSL) for growth investing?

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

What matters for canslim investors.

• KINSALE CAPITAL GROUP INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 30.21% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• KINSALE CAPITAL GROUP INC has experienced 30.02% q2q revenue growth, indicating a significant sales increase.
• The 3-year EPS growth of KINSALE CAPITAL GROUP INC (58.15%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• KINSALE CAPITAL GROUP INC exhibits a strong Return on Equity (ROE) of 29.51%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• KINSALE CAPITAL GROUP INC has exhibited strong Relative Strength(RS) in recent periods, with a current 82.2 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. KINSALE CAPITAL GROUP INC shows promising potential for continued price momentum.
• KINSALE CAPITAL GROUP INC maintains a healthy Debt-to-Equity ratio of 0.15. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With 83.58% of the total shares held by institutional investors, KINSALE CAPITAL GROUP INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Zooming in on the technicals.

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, KNSL scores 5 out of 10 in our technical rating. Although KNSL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

• In the last month KNSL has a been trading in the 366.92 - 444.30 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
• When comparing the yearly performance of all stocks, we notice that KNSL is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
• KNSL is part of the Insurance industry. There are 141 other stocks in this industry, KNSL did better than 67% of them.
• KNSL 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 KNSL is lagging the market slightly.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

What else is there to say on the fundamentals of NYSE:KNSL?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

KNSL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 141 industry peers in the Insurance industry. KNSL scores excellent on profitability, but there are concerns on its financial health. KNSL shows excellent growth, but is valued quite expensive already.

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

More growth stocks can be found 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.