The following are today's upgrades for Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
KINSALE CAPITAL GROUP INC (KNSL) is a mid-cap growth stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Martin Zweig changed from 77% to 85% based on the firms underlying fundamentals and the stocks valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Kinsale Capital Group, Inc. is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers. The Company's commercial lines offerings include construction, small business, excess casualty, general casualty, energy, professional liability, life sciences, product liability, allied health, healthcare, commercial property, management liability, environmental, inland marine, commercial insurance and public entity. The Company writes an array of coverages with a focus on smaller commercial buyers. The Company also writes a small amount of homeowners insurance in the personal lines market. The Company's subsidiaries include Kinsale Management, Inc. and Kinsale Insurance Company.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
|REVENUE GROWTH IN RELATION TO EPS GROWTH:||PASS|
|SALES GROWTH RATE:||FAIL|
|CURRENT QUARTER EARNINGS:||PASS|
|QUARTERLY EARNINGS ONE YEAR AGO:||PASS|
|POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER:||PASS|
|EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS:||FAIL|
|EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS:||PASS|
|EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE:||PASS|
|LONG-TERM EPS GROWTH:||PASS|
Detailed Analysis of KINSALE CAPITAL GROUP INC