High growth, ROE and relative strength for NYSE:UVE, growth investors may appreciate this.

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

What matters for canslim investors.

• The earnings per share (EPS) of UNIVERSAL INSURANCE HOLDINGS have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 35.44% increase. This reflects the company's ability to improve its profitability over time.
• UNIVERSAL INSURANCE HOLDINGS has achieved 29.31% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• The 3-year EPS growth of UNIVERSAL INSURANCE HOLDINGS (54.58%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• UNIVERSAL INSURANCE HOLDINGS demonstrates a strong Return on Equity(ROE) of 20.94%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. UNIVERSAL INSURANCE HOLDINGS shows promising potential for continued success.
• UNIVERSAL INSURANCE HOLDINGS has exhibited strong Relative Strength(RS) in recent periods, with a current 84.73 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. UNIVERSAL INSURANCE HOLDINGS shows promising potential for continued price momentum.
• UNIVERSAL INSURANCE HOLDINGS exhibits a favorable Debt-to-Equity ratio at 0.28. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With institutional shareholders at 65.2%, UNIVERSAL INSURANCE HOLDINGS 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.

What is the technical picture of NYSE:UVE telling us.

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

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, UVE did better than 84% of all other stocks.
• UVE is one of the better performing stocks in the Insurance industry, it outperforms 78% of 140 stocks in the same industry.
• UVE 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 UVE is lagging the market slightly.
• UVE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Our latest full technical report of UVE contains the most current technical analsysis.

Zooming in on the fundamentals.

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

Overall UVE gets a fundamental rating of 5 out of 10. We evaluated UVE against 140 industry peers in the Insurance industry. UVE has only an average score on both its financial health and profitability. UVE has a correct valuation and a medium growth rate. UVE also has an excellent dividend rating.

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.