Yahoo Finance 3 ASX Insider Picks With Revenue Growth Up To 18%
The Australian market is experiencing a cautious phase, with the ASX200 set to open flat amid mixed signals from the US stock market and anticipation for key economic data releases. In this environment, identifying growth companies with strong insider ownership can provide valuable insights into potential high-performing stocks.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Acrux (ASX:ACR) | 14.6% | 115.6% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.8% |
Liontown Resources (ASX:LTR) | 16.4% | 63.5% |
Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
Lotus Resources (ASX:LOT) | 12.4% | 58.0% |
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 explore several standout options from the results in the screener.
Emerald Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.37 billion.
Operations: The company's revenue primarily comes from mine operations, amounting to A$339.32 million.
Insider Ownership: 18.4%
Revenue Growth Forecast: 18.5% p.a.
Emerald Resources is forecast to achieve an 18.5% annual revenue growth, outpacing the Australian market's 5.1% growth rate. Earnings are expected to grow at 19.8% per year, surpassing the market average of 12.7%. Despite recent shareholder dilution, the stock trades close to its fair value and boasts a high forecasted Return on Equity of 20.5%. Recent presentations by MD Morgan Cain Hart at industry conferences highlight ongoing engagement with investors and stakeholders.
Pinnacle Investment Management Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Pinnacle Investment Management Group Limited operates as an investment management company in Australia and has a market cap of A$3.38 billion.
Operations: Pinnacle generates revenue primarily from its Funds Management Operations, amounting to A$48.99 million.
Insider Ownership: 31.5%
Revenue Growth Forecast: 13.7% p.a.
Pinnacle Investment Management Group has shown strong financial performance with earnings growing 18.1% over the past year and forecasted to grow at 14.4% annually, outpacing the Australian market's average. Revenue is expected to increase by 13.7% per year, also higher than the market rate. Insider ownership remains high, with more shares bought than sold in recent months. The company recently appointed Christina Lenard as Director and announced a dividend increase to A$0.26 per share for H1 2024.
Technology One
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally, with a market cap of A$7.05 billion.
Operations: The company's revenue segments include Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).
Insider Ownership: 12.3%
Revenue Growth Forecast: 11.5% p.a.
Technology One demonstrates robust growth potential with earnings forecasted to increase by 14.79% annually, surpassing the Australian market's average. Revenue is also expected to grow at 11.5% per year, outpacing the market's 5.1%. Recent developments include appointing Paul Robson as an independent Non-Executive Director, enhancing strategic transformation and operational efficiency capabilities. The company reported A$240.83 million in revenue for H1 2024, up from A$201.01 million a year ago, with net income rising to A$48 million from A$41.28 million.
Turning Ideas Into Actions
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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 ASX:EMR ASX:PNI and ASX:TNE.
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