Stock Analysis

3 Top Growth Stocks With High Insider Ownership On The TSX

TSX:CURA
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Over the last 7 days, the Canadian market has dropped 1.3%, but it has risen by 13% over the past year, with earnings forecasted to grow by 15% annually. In this context, identifying growth stocks with high insider ownership can be particularly valuable as they often signal strong confidence from those closest to the company's operations and future prospects.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.5%70.7%
Allied Gold (TSX:AAUC)22.5%73.5%
Almonty Industries (TSX:AII)17.7%117.6%
goeasy (TSX:GSY)21.2%17.1%
Alvopetro Energy (TSXV:ALV)19.4%72.4%
Propel Holdings (TSX:PRL)40%37.2%
Payfare (TSX:PAY)14.7%24.7%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17.9%69.5%
ROK Resources (TSXV:ROK)16.6%161.8%

Click here to see the full list of 39 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate and investment management services to corporate and institutional clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific, with a market cap of CA$9.71 billion.

Operations: The company's revenue segments are comprised of $2.59 billion from the Americas, $0.61 billion from Asia Pacific, $0.73 billion from Europe, Middle East & Africa (EMEA), and $496.42 million from Investment Management services.

Insider Ownership: 14.2%

Revenue Growth Forecast: 11% p.a.

Colliers International Group has demonstrated strong growth, with recent earnings showing a significant turnaround from a net loss to a net income of US$36.72 million for Q2 2024. The company’s revenue is forecast to grow at 11% per year, outpacing the Canadian market average. Insider ownership remains high despite some recent selling, indicating confidence in future prospects. Strategic partnerships and acquisitions bolster its expansion plans, notably in Europe and North America.

TSX:CIGI Ownership Breakdown as at Sep 2024
TSX:CIGI Ownership Breakdown as at Sep 2024

Curaleaf Holdings (TSX:CURA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Curaleaf Holdings, Inc. operates as a cannabis operator in the United States with a market cap of CA$3.16 billion.

Operations: Curaleaf generates revenue of $1.36 billion from the cultivation, production, distribution, and sale of cannabis.

Insider Ownership: 19.9%

Revenue Growth Forecast: 12.6% p.a.

Curaleaf Holdings is poised for substantial growth, with revenue expected to increase by 12.6% annually, surpassing the Canadian market average. The company is forecast to become profitable within three years. Despite recent shareholder dilution, Curaleaf remains undervalued at 88% below its estimated fair value. Recent expansions include new dispensaries in Florida and New York and adult-use operations in Ohio, while executive changes see Boris Jordan assuming the CEO role, highlighting strong insider involvement.

TSX:CURA Earnings and Revenue Growth as at Sep 2024
TSX:CURA Earnings and Revenue Growth as at Sep 2024

TerraVest Industries (TSX:TVK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TerraVest Industries Inc. (TSX:TVK) manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States with a market cap of CA$1.85 billion.

Operations: The company's revenue segments include Service (CA$201.78 million), Processing Equipment (CA$117.58 million), Compressed Gas Equipment (CA$243.77 million), and HVAC and Containment Equipment (CA$292.90 million).

Insider Ownership: 21.9%

Revenue Growth Forecast: 12.2% p.a.

TerraVest Industries demonstrates strong growth potential with revenue expected to grow at 12.2% annually, outpacing the Canadian market. Earnings are forecast to increase significantly by 21.1% per year, also surpassing the market average. Despite recent shareholder dilution and high debt levels, TerraVest trades at a discount of 27.4% below its estimated fair value. Recent earnings reports show substantial increases in both revenue and net income, reflecting robust financial performance amidst insider ownership stability without significant buying or selling activity recently.

TSX:TVK Earnings and Revenue Growth as at Sep 2024
TSX:TVK Earnings and Revenue Growth as at Sep 2024

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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