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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Kinsale Capital Group Gets A Composite Rating Upgrade

The IBD SmartSelect Composite Rating for Kinsale Capital Group rose from 94 to 96 Friday.

The new score indicates the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

Kinsale Capital Group is currently forming a cup without handle, with a 531.79 entry. See if the stock can break out in volume at least 40% higher than normal. But note that it's a later-stage base, and such bases are more prone to failure.

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The stock sports a 99 EPS Rating, meaning its recent quarterly and annual earnings growth tops 99% of all stocks.

Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.

The company reported a 27% rise in earnings for Q3. Top line growth increased 33%, up from 30% in the prior quarter. That marks one quarter of accelerating revenue gains. The company's next quarterly report is expected on or around Feb. 13.

Kinsale Capital Group earns the No. 2 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins is the No. 1-ranked stock within the group.

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