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The ASX200 is set to start the week with a rally, adding about half a percent after Federal Reserve chief Jerome Powell confirmed there’d be interest rate cuts and the threat of war in the Middle East subsided. With US markets responding positively to this news, Australian investors are keenly watching growth companies with high insider ownership as potential opportunities. In such an environment, stocks that demonstrate strong growth potential and significant insider ownership can be particularly appealing. These attributes often signal confidence from those who know the company best, making them worth considering in today’s fluctuating market conditions.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 27% |
Acrux (ASX:ACR) | 14.6% | 115.6% |
Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
Adveritas (ASX:AV1) | 21.1% | 103.9% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 77.9% |
Let's dive into some prime choices out of the screener.
Accent Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Accent Group Limited (ASX:AX1) operates in the retail, distribution, and franchise sectors for lifestyle footwear, apparel, and accessories across Australia and New Zealand with a market cap of A$1.15 billion.
Operations: Accent Group's revenue segments include retail, distribution, and franchise operations for lifestyle footwear, apparel, and accessories across Australia and New Zealand.
Insider Ownership: 32.8%
Earnings Growth Forecast: 15.1% p.a.
Accent Group, a growth company with high insider ownership in Australia, is forecast to grow its revenue at 6.4% per year and earnings at 15.1% per year, outpacing the broader Australian market. However, recent financial results show a decline in net income from A$88.65 million to A$59.53 million and reduced profit margins from 6.2% to 4.1%. Despite trading significantly below its estimated fair value, its dividend of 6.34% is not well covered by earnings.
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Dive into the specifics of Accent Group here with our thorough growth forecast report.
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Our valuation report unveils the possibility Accent Group's shares may be trading at a discount.
Chrysos
Simply Wall St Growth Rating: ★★★★★☆
Overview: Chrysos Corporation Limited, with a market cap of A$607.22 million, develops and supplies mining technology.