3 US Growth Companies With High Insider Ownership Growing Earnings Up To 75%
December 16, 2024
0 3 minutes read
As the U.S. stock market experiences mixed performance amid a post-election rally losing momentum, investors are closely watching major indices like the S&P 500 and Nasdaq Composite for signs of stability. In this fluctuating environment, identifying growth companies with high insider ownership can be a prudent strategy, as these firms often demonstrate strong alignment between management and shareholder interests while showing promising earnings growth.
Let’s dive into some prime choices out of the screener.
Simply Wall St Growth Rating: ★★★★★☆
Overview: ASP Isotopes Inc. is a development stage advanced materials company that specializes in the production, distribution, marketing, and sale of isotopes, with a market cap of $356.95 million.
Operations: Revenue Segments (in millions of $): Not applicable as the company is in a development stage with no reported revenue segments.
Insider Ownership: 24%
Earnings Growth Forecast: 75.6% p.a.
ASP Isotopes, a growth company with substantial insider ownership, is navigating challenges and opportunities. Despite recent legal issues over alleged misleading statements about its technology, the company is expanding its Silicon-28 enrichment capabilities in South Africa. This facility aims to meet the demand for next-gen semiconductors. Although ASP Isotopes has reported losses and volatile share prices, it forecasts significant revenue growth at 52.4% annually, outpacing the US market’s average growth rate.
NasdaqCM:ASPI Ownership Breakdown as at Dec 2024
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Himax Technologies, Inc. is a fabless semiconductor company that offers display imaging processing technologies across various regions including China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States with a market cap of $1.50 billion.
Operations: Himax Technologies generates revenue through its semiconductor solutions, which focus on display imaging processing technologies across multiple regions including China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States.
Insider Ownership: 29.1%
Earnings Growth Forecast: 24.3% p.a.
Himax Technologies, with significant insider ownership, is positioned for growth despite a volatile share price. Trading at a favorable P/E ratio compared to the semiconductor industry, its earnings are expected to grow significantly above market rates. Recent innovations in automotive and AI technologies highlight its leadership in display solutions. However, while revenues are forecasted to grow modestly, the dividend coverage remains weak. A $20 million share repurchase program underscores confidence in future prospects.
NasdaqGS:HIMX Ownership Breakdown as at Dec 2024
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Atlas Energy Solutions Inc. operates in the production, processing, and sale of mesh and sand used as proppants in well completion processes within the Permian Basin, with a market cap of approximately $2.55 billion.
Operations: The company’s revenue is primarily derived from its Oil Well Equipment & Services segment, generating $925.76 million.
Insider Ownership: 27.7%
Earnings Growth Forecast: 57.2% p.a.
Atlas Energy Solutions demonstrates growth potential with high insider ownership, despite recent financial challenges. The company’s earnings are forecast to grow significantly above market rates at 57.18% annually, though revenue growth is slower at 13.1%. Recent inclusion in multiple S&P indices reflects its expanding market presence. However, profit margins have declined and shareholder dilution occurred over the past year. A $200 million share repurchase program indicates management’s confidence in long-term value creation.
NYSE:AESI Ownership Breakdown as at Dec 2024
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.
Companies discussed in this article include NasdaqCM:ASPI NasdaqGS:HIMX and NYSE:AESI.
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