As the Canadian market navigates rising oil prices and higher yields, driven by renewed geopolitical tensions and inflation concerns, investors are closely watching how these factors might influence central bank decisions. In this environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best.
| Name | Insider Ownership | Earnings Growth |
| Sernova Biotherapeutics (TSX:SVA) | 13.5% | 60.9% |
| ROK Resources (TSXV:ROK) | 17.7% | 87.4% |
| Propel Holdings (TSX:PRL) | 28.0% | 37.1% |
| Heliostar Metals (TSXV:HSTR) | 16.2% | 20.7% |
| Hammond Power Solutions (TSX:HPS.A) | 27.2% | 28.2% |
| Firan Technology Group (TSX:FTG) | 12.6% | 22% |
| Electrovaya (TSX:ELVA) | 35.3% | 42% |
| CEMATRIX (TSX:CEMX) | 10.7% | 44.9% |
| Cambria Gold Mines (TSXV:CAMB) | 13.7% | 87.7% |
| Aritzia (TSX:ATZ) | 16.2% | 20.3% |
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Aritzia Inc., along with its subsidiaries, designs, develops, and sells apparel and accessories for women in the United States and Canada, with a market cap of CA$15.78 billion.
Operations: The company's revenue is primarily generated from its apparel segment, which accounts for CA$3.99 billion.
Insider Ownership: 16.2%
Earnings Growth Forecast: 20.3% p.a.
Aritzia's strong growth trajectory is underscored by a 95.1% earnings increase over the past year, with revenue forecasted to grow at 15.7% annually, outpacing the Canadian market. Despite substantial insider selling recently, analysts expect significant annual profit growth of 20.3%. The company's recent earnings report showed impressive sales and income increases, and its guidance anticipates continued expansion through new boutiques in North America. A share repurchase program further reflects confidence in future performance.
Simply Wall St Growth Rating: ★★★★★★
Overview: Hammond Power Solutions Inc. designs, manufactures, and sells various transformers across Canada, the United States, Mexico, and India with a market cap of CA$2.87 billion.
Operations: The company's revenue segment is primarily derived from the manufacture and sale of transformers, amounting to CA$961.69 million.
Insider Ownership: 27.2%
Earnings Growth Forecast: 28.2% p.a.
Hammond Power Solutions is experiencing robust growth, with revenue expected to increase by 21.7% annually, surpassing the Canadian market's 4.7%. Despite a decline in profit margins from last year, earnings are projected to grow significantly at 28.2% per year. Recently added to major indices like the S&P/TSX Composite, it trades slightly below fair value with analysts forecasting a potential price rise of 58.3%. However, substantial insider selling has occurred recently.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Trican Well Service Ltd. is an equipment services company that offers products, equipment, services, and technology for drilling, completion, stimulation, and reworking of oil and gas wells in Canada with a market cap of CA$1.33 billion.
Operations: Trican's revenue from oil well equipment and services is CA$1.17 billion.
Insider Ownership: 10.7%
Earnings Growth Forecast: 29.4% p.a.
Trican Well Service is forecasted to grow earnings significantly at 29.4% annually, outpacing the Canadian market's 10.7%. Despite a recent quarterly net loss of C$2.34 million, its six-month revenue rose to C$544.87 million from last year's C$472.87 million, indicating potential growth momentum. The stock trades at a good value compared to peers and industry standards, with analysts expecting a price increase of 39.5%. Recent board changes could enhance governance and strategic direction.
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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