If EPS Growth Is Important To You, AltaGas (TSE:ALA) Presents An Opportunity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2024
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Source: Yahoo Finance
- Investing in Profitable Companies: Investors are advised to focus on profitable, growing companies like AltaGas rather than loss-making companies with a good story.
- AltaGas Growth Analysis: AltaGas has shown a 16% annual growth in earnings per share (EPS) over three years, indicating sustainable growth.
- Financial Performance Indicators: Top-line growth and high EBIT margins are positive indicators for a company's competitive advantage, although AltaGas experienced a 12% revenue decrease.
- Insider Ownership: Despite insiders not holding a large percentage of shares due to the company's market capitalization, they have a significant investment in AltaGas, signaling long-term growth focus.
- Recommendation for Investors: AltaGas is considered worth watching due to its profit growth and high insider ownership, but investors should be aware of potential warning signs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
