News Image

Is NYSE:MCY a Fit for Growth Investing Strategies?

By Mill Chart

Last update: Jul 31, 2024

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if MERCURY GENERAL CORP (NYSE:MCY) is suited for growth investing. Investors should of course do their own research, but we spotted MERCURY GENERAL CORP showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.


Little Book stocks image

What matters for growth investors.

  • MERCURY GENERAL CORP showcases a robust Return on Equity (ROE) of 13.41%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • MERCURY GENERAL CORP has exceeded EPS estimates 3 times in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
  • With impressive 1-year revenue growth of 27.08%, MERCURY GENERAL CORP showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
  • The q2q revenue growth of 20.21% of MERCURY GENERAL CORP highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • The operating margin of MERCURY GENERAL CORP has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
  • MERCURY GENERAL CORP has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
  • The quarterly earnings of MERCURY GENERAL CORP have shown a 332.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • Over the past 3 months, analysts have adjusted their EPS Estimate for MERCURY GENERAL CORP with a 6.67% change. This highlights the evolving outlook on the company's EPS potential.
  • The recent financial report of MERCURY GENERAL CORP demonstrates a 332.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • MERCURY GENERAL CORP shows accelerating EPS growth: when comparing the current Q2Q growth of 332.0% to the previous year Q2Q growth of -34.29%, we see the growth rate improving.

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

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.

We assign a fundamental rating of 5 out of 10 to MCY. MCY was compared to 141 industry peers in the Insurance industry. MCY scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MCY is growing strongly while it is still valued neutral. This is a good combination!

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

Our Lois Navellier 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.

Back