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Top Growth Stocks With High Insider Ownership In October 2024
Reviewed by Simply Wall St
As global markets navigate the challenges posed by rising U.S. Treasury yields and tepid economic growth, investors are increasingly focused on identifying resilient opportunities within the equity landscape. In this environment, growth companies with high insider ownership can offer unique advantages, as they often align management's interests with those of shareholders while potentially capitalizing on favorable market conditions.
Top 10 Growth Companies With High Insider Ownership
Name | Insider Ownership | Earnings Growth |
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3) | 11.9% | 21.1% |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 34% |
Kirloskar Pneumatic (BSE:505283) | 30.3% | 26% |
People & Technology (KOSDAQ:A137400) | 16.4% | 35.6% |
Medley (TSE:4480) | 34% | 30.4% |
Credo Technology Group Holding (NasdaqGS:CRDO) | 13.9% | 95% |
Pharma Mar (BME:PHM) | 11.8% | 55.1% |
Adveritas (ASX:AV1) | 21.2% | 144.2% |
Plenti Group (ASX:PLT) | 12.8% | 107.6% |
EHang Holdings (NasdaqGM:EH) | 32.8% | 81.4% |
Here's a peek at a few of the choices from the screener.
Esprinet (BIT:PRT)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Esprinet S.p.A., along with its subsidiaries, operates in the wholesale distribution of IT products and consumer electronics across Italy, Spain, Portugal, and other parts of Europe, with a market cap of €286.77 million.
Operations: The company's revenue is primarily derived from its IT and consumer electronics distribution operations, with €2.57 billion generated in Italy and €1.39 billion from the Iberian Peninsula.
Insider Ownership: 13.4%
Earnings Growth Forecast: 22.6% p.a.
Esprinet shows strong potential as a growth company with significant insider ownership. Recent earnings reveal a turnaround, with net income of €3.25 million compared to last year's loss. The company's Price-To-Earnings ratio of 15.7x suggests it is trading at good value relative to the industry average. While revenue growth is modest at 4.9% annually, earnings are expected to grow significantly by 22.6% per year, outpacing the Italian market's forecasted growth rate.
- Navigate through the intricacies of Esprinet with our comprehensive analyst estimates report here.
- Our comprehensive valuation report raises the possibility that Esprinet is priced lower than what may be justified by its financials.
Técnicas Reunidas (BME:TRE)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Técnicas Reunidas, S.A. is an engineering and construction company that designs and manages industrial plant projects globally, with a market cap of approximately €896 million.
Operations: The company's revenue is primarily derived from Natural Gas at €2.38 billion, followed by Refining at €853.67 million, and Petrochemical projects contributing €635.95 million, with additional income from Low Carbon Technologies amounting to €82.09 million.
Insider Ownership: 11.5%
Earnings Growth Forecast: 22.4% p.a.
Técnicas Reunidas demonstrates growth potential with insider ownership, although its share price has been volatile. The company is trading at 9% below estimated fair value. Revenue growth is forecasted at 4.8% annually, slower than the Spanish market, but earnings are expected to grow significantly by 22.4% per year, surpassing the market average. Recent strategic alliances include a €2.5 billion EPC contract in Kazakhstan with SINOPEC Engineering, enhancing its project backlog and future prospects.
- Get an in-depth perspective on Técnicas Reunidas' performance by reading our analyst estimates report here.
- Our valuation report here indicates Técnicas Reunidas may be overvalued.
Solstad Offshore (OB:SOFF)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Solstad Offshore ASA provides offshore service vessels and maritime services to the offshore energy industry, with a market cap of NOK2.92 billion.
Operations: The company's revenue segments include Anchorhandling Vessels (AHTS) generating NOK1.40 billion.
Insider Ownership: 16.7%
Earnings Growth Forecast: 125.9% p.a.
Solstad Offshore exhibits growth potential with high insider ownership, trading at 52.2% below its estimated fair value. While revenue is forecasted to grow at 17.3% annually, faster than the Norwegian market, earnings are expected to surge significantly by 125.92% per year as it becomes profitable within three years. Recent contract awards in Brazil total US$53 million, enhancing its project pipeline despite past shareholder dilution concerns.
- Delve into the full analysis future growth report here for a deeper understanding of Solstad Offshore.
- In light of our recent valuation report, it seems possible that Solstad Offshore is trading behind its estimated value.
Make It Happen
- Discover the full array of 1513 Fast Growing Companies With High Insider Ownership right here.
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Ready To Venture Into Other Investment Styles?
- 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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About OB:SOFF
Solstad Offshore
Operates offshore service vessels and maritime services to offshore energy industry.