TSX Growth Stocks With High Insider Ownership Aiming For 137% Earnings Growth

As Canadian and U.S. stocks continue to reach new highs, driven by trade optimism and robust corporate earnings, the Canadian market remains buoyant with steady gains and minimal volatility. In this climate of cautious optimism, identifying growth companies with high insider ownership can be a strategic move for investors seeking quality investments that align with solid fundamentals amidst evolving trade developments.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Tenaz Energy (TSX:TNZ)	10.4%	151.2%
Robex Resources (TSXV:RBX)	24.4%	90.6%
Propel Holdings (TSX:PRL)	36.3%	31.1%
PowerBank (NEOE:SUNN)	15.9%	52.1%
Orla Mining (TSX:OLA)	11.2%	66.8%
goeasy (TSX:GSY)	21.9%	18.2%
Enterprise Group (TSX:E)	32.2%	70.3%
Discovery Silver (TSX:DSV)	14.9%	42.6%
Burcon NutraScience (TSX:BU)	15.3%	125.9%
Aritzia (TSX:ATZ)	17.3%	27.6%

Click here to see the full list of 48 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Canfor (TSX:CFP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Canfor Corporation is an integrated forest products company with operations in the United States, Asia, Canada, Europe, and internationally, and it has a market cap of CA$1.66 billion.

Operations: The company's revenue is primarily derived from its Lumber segment, which generated CA$4.64 billion, and its Pulp & Paper segment, which contributed CA$772.50 million.

Insider Ownership: 22.8%

Earnings Growth Forecast: 74.1% p.a.

Canfor Corporation, while facing challenges such as the closure of two U.S. sawmills due to weak market conditions, is poised for significant growth with earnings expected to increase by 74.07% annually over the next three years. Despite slower revenue growth at 6.1%, it still surpasses the Canadian market average of 3.9%. Analysts anticipate a stock price rise of 22.2%, and Canfor trades at a favorable value compared to peers and industry standards (all values in C$).

• Click here and access our complete growth analysis report to understand the dynamics of Canfor.
• The valuation report we've compiled suggests that Canfor's current price could be quite moderate.

Lightspeed Commerce (TSX:LSPD)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Lightspeed Commerce Inc. provides cloud-based software subscriptions and payment solutions for retailers, restaurants, golf courses, and other businesses across various countries including the United States, Canada, the United Kingdom, and Australia with a market cap of CA$2.58 billion.

Operations: The company's revenue is primarily derived from its software and programming segment, which generated $1.08 billion.

Insider Ownership: 10.4%

Earnings Growth Forecast: 137.3% p.a.

Lightspeed Commerce, with high insider ownership, is navigating a challenging financial landscape marked by significant net losses despite revenue growth. Recent strategic partnerships and product innovations in retail and golf sectors aim to enhance its market position. The addition of Glen LeBlanc to the Board signals a focus on strengthening governance. While trading below fair value and forecasted revenue growth outpaces the Canadian market, profitability remains a future target as legal issues are resolved (all values in US$).

• Unlock comprehensive insights into our analysis of Lightspeed Commerce stock in this growth report.
• Our expertly prepared valuation report Lightspeed Commerce implies its share price may be lower than expected.

Savaria (TSX:SIS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Savaria Corporation offers accessibility solutions for the elderly and physically challenged across Canada, the United States, Europe, and internationally, with a market cap of CA$1.41 billion.

Operations: The company's revenue segments include Patient Care, generating CA$194.92 million, and Segment Adjustment, contributing CA$683.63 million.

Insider Ownership: 17.3%

Earnings Growth Forecast: 28.9% p.a.

Savaria Corporation, with significant insider ownership, is experiencing robust earnings growth, projected at 28.9% annually, outpacing the Canadian market. Despite trading below its fair value estimate and facing slower revenue growth of 5.8%, it continues to affirm monthly dividends of C$0.045 per share. Recent earnings reports show a modest increase in net income and sales from the previous year, supported by new product launches and favorable foreign exchange effects.

• Take a closer look at Savaria's potential here in our earnings growth report.
• Insights from our recent valuation report point to the potential undervaluation of Savaria shares in the market.

Make It Happen

• Click through to start exploring the rest of the 45 Fast Growing TSX Companies With High Insider Ownership now.
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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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