3 Growth Companies With High Insider Ownership On UK Exchange Expecting Up To 115% Earnings Growth

The United Kingdom market has recently faced challenges, with the FTSE 100 index closing lower due to weak trade data from China and global economic uncertainties. Despite these headwinds, growth companies with high insider ownership can offer promising opportunities, as they often indicate strong confidence from those closest to the business.

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

Click here to see the full list of 67 stocks from our Fast Growing UK Companies With High Insider Ownership screener.

Let’s explore several standout options from the results in the screener.

Simply Wall St Growth Rating: ★★★★★☆

Overview: Evoke plc, with a market cap of £310.13 million, offers online betting and gaming products and solutions across the United Kingdom, Ireland, Italy, Spain, and other international markets.

Operations: Evoke’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: 111.0% pa

Evoke plc, a growth company with high insider ownership, has seen substantial insider buying over the past three months. Despite reporting a net loss of £143.2 million for the half year ended June 30, 2024, revenue is forecast to grow faster than the UK market at 5.6% per year. The company expects significant profitability improvements in the second half of 2024 due to successful product launches and effective promotions by its new commercial leadership team.

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 £965.12 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.

The story continues

Insider Ownership: 38.4%

Earnings Growth Forecast: 53.8% pa

Hochschild Mining has seen substantial insider buying over the past three months, indicating strong internal confidence. The company is forecast to grow earnings by 53.78% annually and become profitable within three years, outpacing average market growth. Trading at 38.3% below fair value estimates, Hochschild’s revenue is expected to grow 11.1% per year, faster than the UK market’s 3.7%. Recent production guidance for 2024 remains robust with gold equivalent output between 343,000-360,000 ounces.

Simply Wall St Growth Rating: ★★★★★☆☆

Overview: International Workplace Group plc, with a market cap of £1.82 billion, provides workspace solutions across the Americas, Europe, the Middle East, Africa, and the Asia Pacific through its subsidiaries.

Operations: The company’s revenue segments include $1.29 billion from the Americas, $1.69 billion from Europe, the Middle East and Africa (EMEA), $341.30 million from Asia Pacific, and $400.56 million from Worka.

Insider Ownership: 25.2%

Earnings Growth Forecast: 115.8% pa

International Workplace Group is forecast to become profitable within three years, with earnings expected to grow 115.85% annually. Insiders have been net buyers of shares recently, reflecting internal confidence. The stock trades at good value compared to peers and analysts expect a 27.9% price increase. Recent earnings showed a significant turnaround with $16 million in net income for H1 2024, compared to a $75 million loss last year. Revenue growth is projected at 7.7% per year, outpacing the UK market’s average of 3.7%.

Taking Advantage

Want To Explore Some Alternatives?

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 annualized (per annum) growth rates over 1-3 years.

Companies discussed in this article include LSE:EVOK LSE:HOC and LSE:IWG.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]