Why the CANSLIM investor may take a look at NYSE:UVE.

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

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 significant quarter-to-quarter (Q2Q) revenue growth of 29.31%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• The EPS of UNIVERSAL INSURANCE HOLDINGS has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With a solid Return on Equity (ROE) of 20.94%, UNIVERSAL INSURANCE HOLDINGS exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• UNIVERSAL INSURANCE HOLDINGS has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 78.45 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. UNIVERSAL INSURANCE HOLDINGS is well-positioned for potential price growth opportunities.
• With a current Debt-to-Equity ratio at 0.28, UNIVERSAL INSURANCE HOLDINGS showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• UNIVERSAL INSURANCE HOLDINGS exhibits a favorable ownership structure, with an institutional shareholder ownership of 65.16%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Deciphering the Technical Picture of NYSE:UVE

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Taking everything into account, UVE scores 2 out of 10 in our technical rating. Although UVE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• Looking at the yearly performance, UVE did better than 78% of all other stocks.
• The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
• UVE is part of the Insurance industry. There are 140 other stocks in this industry, UVE did better than 66% of them.
• UVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UVE is lagging the market.

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

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

As part of its analysis, ChartMill provides a comprehensive Fundamental 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 fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to UVE. UVE was compared to 140 industry peers in the Insurance industry. Both the profitability and the financial health of UVE get a neutral evaluation. Nothing too spectacular is happening here. UVE has a correct valuation and a medium growth rate. Finally UVE also has an excellent dividend rating.

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

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.