High Insider Ownership Growth Companies On The TSX June 2024

In recent times, the Canadian market has experienced a slight downturn with a 2.3% drop over the last week, although it maintains a positive trajectory with an 8.2% increase over the past year. Amid these fluctuations and anticipated earnings growth of 15% per annum in the coming years, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those most familiar with the company's operations and potential.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Payfare (TSX:PAY)	15%	46.7%
goeasy (TSX:GSY)	21.7%	15.8%
Allied Gold (TSX:AAUC)	22.5%	68.2%
Aritzia (TSX:ATZ)	19%	51.2%
ROK Resources (TSXV:ROK)	16.6%	159.6%
Aya Gold & Silver (TSX:AYA)	10.2%	51.6%
Silver X Mining (TSXV:AGX)	14.2%	144.2%
Ivanhoe Mines (TSX:IVN)	13%	65.5%
Artemis Gold (TSXV:ARTG)	31.8%	48.8%
Almonty Industries (TSX:AII)	12.3%	105%

Click here to see the full list of 29 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Aritzia (TSX:ATZ)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aritzia Inc., a Canadian fashion retailer, designs and sells women's apparel and accessories in the United States and Canada, with a market capitalization of approximately CA$4.22 billion.

Operations: The company generates revenue primarily from the sale of women's apparel, totaling CA$2.33 billion.

Insider Ownership: 19%

Return On Equity Forecast: 25% (2027 estimate)

Aritzia, a Canadian retailer, reported a decline in net income to CAD 78.78 million from CAD 187.59 million year-over-year, with sales increasing to CAD 2.33 billion. Despite lower profit margins of 3.4%, down from last year's 8.5%, the company forecasts revenue growth of 11% annually, outpacing the Canadian market's 7.2%. Aritzia anticipates significant earnings growth over the next three years and is trading well below its estimated fair value, highlighting potential for appreciation despite recent performance challenges.

• Click here to discover the nuances of Aritzia with our detailed analytical future growth report.
• Our valuation report unveils the possibility Aritzia's shares may be trading at a discount.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. is a global company offering commercial real estate professional and investment management services, with a market capitalization of approximately CA$7.62 billion.

Operations: Colliers International Group Inc. generates revenue primarily from the Americas at CA$2.53 billion, followed by Europe, the Middle East & Africa (EMEA) at CA$730.10 million, Asia Pacific at CA$616.58 million, and Investment Management services contributing CA$489.23 million.

Insider Ownership: 14.3%

Return On Equity Forecast: N/A (2027 estimate)

Colliers International Group has seen a mixed financial performance, with earnings growing by 119.8% over the past year and an expected annual profit growth of 38.3%. Despite trading at 56.2% below its estimated fair value, concerns remain as debt is poorly covered by operating cash flow. Recent activities include a US$57.62 million Shelf Registration for ESOP-related offerings and a new contract to market a significant property in Mississippi, which could enhance future revenue streams.

• Take a closer look at Colliers International Group's potential here in our earnings growth report.
• The analysis detailed in our Colliers International Group valuation report hints at an deflated share price compared to its estimated value.

Vitalhub (TSX:VHI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vitalhub Corp. offers technology solutions for health and human service providers across Canada, the US, the UK, Australia, Western Asia, and other international markets with a market capitalization of CA$396.93 million.

Operations: The company generates CA$55.17 million from its healthcare software segment.

Insider Ownership: 15.1%

Return On Equity Forecast: N/A (2027 estimate)

Vitalhub has demonstrated robust growth, with a recent revenue increase to CAD 15.26 million in Q1 2024 from CAD 12.6 million the previous year, and net income improving significantly to CAD 1.32 million from CAD 0.162168 million. The company's earnings are expected to grow by 38.12% annually, outpacing the Canadian market forecast of 14.7%. Additionally, insider buying trends have been positive over the past three months, indicating confidence among those closest to the company's operations and strategy.

• Navigate through the intricacies of Vitalhub with our comprehensive analyst estimates report here.
• Upon reviewing our latest valuation report, Vitalhub's share price might be too optimistic.

Key Takeaways

• Access the full spectrum of 29 Fast Growing TSX Companies With High Insider Ownership by clicking on this link.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

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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