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
0mins
Should l Buy ?
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.
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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.
