Why KINSALE CAPITAL GROUP INC (NYSE:KNSL) qualifies as a high growth stock.

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 26.89% increase. This indicates improving financial performance and the company's effective management of its operations.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 32.98%, KINSALE CAPITAL GROUP INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• 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.
• In terms of Return on Equity(ROE), KINSALE CAPITAL GROUP INC is performing well, achieving a 28.51% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• The Relative Strength (RS) of KINSALE CAPITAL GROUP INC has been consistently solid, with a current 85.04 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. KINSALE CAPITAL GROUP INC exhibits strong prospects for further price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.13, 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.
• With 81.99% 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.

Technical analysis of NYSE:KNSL

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Overall KNSL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KNSL is showing a nice and steady performance.

• 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 455.39 - 531.79 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 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• Volume is considerably higher in the last couple of days.

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

How does the complete fundamental picture look for NYSE:KNSL?

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

Taking everything into account, KNSL scores 6 out of 10 in our fundamental rating. KNSL was compared to 141 industry peers in the Insurance industry. KNSL scores excellent on profitability, but there are concerns on its financial health. KNSL is valued quite expensively, but it does show have an excellent growth rating.

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

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.