Evoke And 2 Other UK Growth Stocks With Strong Insider Ownership

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The United Kingdom's FTSE 100 index recently faltered, reflecting concerns over weak trade data from China and its impact on global markets. Amid such volatility, identifying growth companies with high insider ownership can be a prudent strategy, as these firms often exhibit strong commitment from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In The United Kingdom

Name

Insider Ownership

Earnings Growth

Filtronic (AIM:FTC)

28.6%

33.5%

Plant Health Care (AIM:PHC)

34.2%

121.3%

Gulf Keystone Petroleum (LSE:GKP)

12.1%

74.6%

Integrated Diagnostics Holdings (LSE:IDHC)

26.7%

23.5%

Helios Underwriting (AIM:HUW)

23.9%

14.7%

LSL Property Services (LSE:LSL)

10.8%

33.3%

B90 Holdings (AIM:B90)

24.4%

142.7%

Velocity Composites (AIM:VEL)

27.6%

173.3%

Judges Scientific (AIM:JDG)

11.9%

27.1%

Hochschild Mining (LSE:HOC)

38.4%

53.8%

Click here to see the full list of 66 stocks from our Fast Growing UK Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Evoke

Simply Wall St Growth Rating: ★★★★★☆

Overview: Evoke plc, with a market cap of £299.13 million, offers online betting and gaming products and solutions in the United Kingdom, Ireland, Italy, Spain, and internationally.

Operations: Evoke plc's revenue segments include £514 million from Retail, £661.20 million from UK&I Online, and £516.10 million from International markets.

Insider Ownership: 20.4%

Earnings Growth Forecast: 110.9% p.a.

Evoke plc, with substantial insider buying over the past three months, is forecast to grow revenue at 5.9% annually, outpacing the UK market's 3.7%. Recent earnings guidance confirms consistent revenue growth and improved profitability expected in the second half of 2024 due to successful product launches and effective promotions. However, interest payments are not well covered by earnings, and the stock has shown high volatility recently.

LSE:EVOK Ownership Breakdown as at Aug 2024
LSE:EVOK Ownership Breakdown as at Aug 2024

Hochschild Mining

Simply Wall St Growth Rating: ★★★★★☆

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 £943.52 million.

Operations: The company's revenue segments include $396.64 million from Inmaculada, $242.46 million from San Jose, and $54.05 million from Pallancata.

Insider Ownership: 38.4%

Earnings Growth Forecast: 53.8% p.a.

Hochschild Mining plc shows strong insider confidence with substantial recent insider buying and no significant selling. The company reported mixed production results for Q2 2024, with increased gold but decreased silver output compared to last year. Revenue is forecast to grow at 11.1% annually, outpacing the UK market's 3.7%, and earnings are expected to rise by 53.78% per year. Analysts agree on a potential stock price increase of 25.2%.

LSE:HOC Earnings and Revenue Growth as at Aug 2024
LSE:HOC Earnings and Revenue Growth as at Aug 2024

TBC Bank Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TBC Bank Group PLC, with a market cap of £1.67 billion, offers banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan through its subsidiaries.

Operations: The company's revenue segments include GEL 2.13 billion from segment adjustments and GEL 236.42 million from Uzbekistan operations.

Insider Ownership: 17.8%

Earnings Growth Forecast: 15.3% p.a.

TBC Bank Group exhibits strong growth potential with high insider ownership. Recent earnings for H1 2024 showed net interest income of GEL 862.2 million and net income of GEL 617.4 million, both up from the previous year. Earnings are forecast to grow at 15.3% annually, outpacing the UK market's 14.3%. Despite an unstable dividend track record, TBC trades at a significant discount to its estimated fair value and shows robust return on equity projections (24.9%).

LSE:TBCG Ownership Breakdown as at Aug 2024
LSE:TBCG Ownership Breakdown as at Aug 2024

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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 LSE:EVOK LSE:HOC and LSE:TBCG.

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