Is NYSE:KNSL suited for CANSLIM 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.

Some of the canslim metrics of NYSE:KNSL highlighted

• KINSALE CAPITAL GROUP INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 30.21% increase. This indicates improving financial performance and the company's effective management of its operations.
• KINSALE CAPITAL GROUP INC has demonstrated strong q2q revenue growth of 30.02%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• Over the past 3 years, KINSALE CAPITAL GROUP INC has demonstrated 58.15% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• KINSALE CAPITAL GROUP INC demonstrates a strong Return on Equity(ROE) of 29.51%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. KINSALE CAPITAL GROUP INC shows promising potential for continued success.
• KINSALE CAPITAL GROUP INC has exhibited strong Relative Strength(RS) in recent periods, with a current 90.11 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.
• Maintaining a Debt-to-Equity ratio of 0.15, KINSALE CAPITAL GROUP INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• The ownership composition of KINSALE CAPITAL GROUP INC reflects a balanced investor ecosystem, with institutional shareholders owning 82.48%. This indicates a broader market participation and potential for increased trading liquidity.

Technical Analysis Observations

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, KNSL scores 8 out of 10 in our technical rating. In the last year, KNSL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

• Both the short term and long term trends are positive. This is a very positive sign.
• KNSL is part of the Insurance industry. There are 141 other stocks in this industry. KNSL outperforms 81% of them.
• KNSL 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 KNSL is lagging the market slightly.
• In the last month KNSL has a been trading in the 366.92 - 490.11 range, which is quite wide. It is currently trading near the high of this range.
• When comparing the yearly performance of all stocks, we notice that KNSL is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.

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

Fundamental Analysis Observations

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

We assign a fundamental rating of 6 out of 10 to KNSL. KNSL was compared to 141 industry peers in the Insurance industry. KNSL has an excellent profitability rating, but there are concerns on its financial health. KNSL is valued quite expensively, but it does show have an excellent growth rating.

Our latest full fundamental report of KNSL contains the most current fundamental analsysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

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.