The United Kingdom's stock market has recently experienced turbulence, with the FTSE 100 closing lower amid weak trade data from China and global economic uncertainties. Despite these challenges, growth companies with high insider ownership can offer a sense of stability and potential for long-term success, as insiders often have a vested interest in the company's performance.
Top 10 Growth Companies With High Insider Ownership In The United Kingdom
Overview: Henry Boot PLC is a UK-based company involved in property investment and development, land promotion, and construction activities with a market cap of ￡301.99 million.
Operations: Henry Boot PLC's revenue segments include ￡87.90 million from construction, ￡28.37 million from land promotion, and ￡170.56 million from property investment and development.
Insider Ownership: 31.2%
Earnings Growth Forecast: 25.5% p.a.
Henry Boot, a growth company with high insider ownership in the UK, is forecast to grow earnings by 25.48% annually over the next three years, outpacing the UK market's expected growth of 14.3%. Despite recent half-year earnings showing a drop in sales and net income compared to last year, Henry Boot maintains strong revenue growth prospects at 10.7% per year and continues its progressive dividend policy with a recent increase. The company's property development arm recently completed significant projects and secured planning permissions for future expansions, underscoring its robust development pipeline.
Overview: Evoke plc, with a market cap of ￡293.29 million, offers online betting and gaming products and solutions in the United Kingdom, Ireland, Italy, Spain, and internationally through its subsidiaries.
Operations: The company's revenue segments are comprised of Retail (￡514 million), UK&I Online (￡661.20 million), and International (￡516.10 million).
Insider Ownership: 20.5%
Earnings Growth Forecast: 104.9% p.a.
Evoke, trading at 87.8% below its estimated fair value, has seen substantial insider buying in the past three months, indicating confidence from within. Despite a highly volatile share price recently and net losses reported for H1 2024, Evoke's revenue is forecast to grow faster than the UK market at 5.3% annually. The company expects profitability within three years with significant improvement anticipated in H2 2024 due to successful product launches and strategic promotions.
Overview: Hochschild Mining plc is a precious metals company involved in the exploration, mining, processing, and sale of gold and silver deposits across Peru, Argentina, the United States, Canada, Brazil, and Chile with a market cap of ￡1.02 billion.
Operations: Hochschild Mining's revenue segments include $266.70 million from San Jose and $451.91 million from Inmaculada, with a segment adjustment of $79.60 million.
Insider Ownership: 38.4%
Earnings Growth Forecast: 44.6% p.a.
Hochschild Mining, trading at 43.9% below its estimated fair value, has seen no substantial insider trading in the past three months. The company became profitable this year with H1 2024 net income of US$39.52 million compared to a loss last year. Earnings are forecast to grow significantly at 44.6% annually, outpacing the UK market's growth rate, although revenue growth is slower at 5.9%. However, high debt levels and low future return on equity (15.1%) remain concerns.
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 LSE:BOOT LSE:EVOK and LSE:HOC.
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