(VIANEWS) – Coastal Financial Corporation (CCB), Western Gas Partners, LP Limited Partner Interests (WES), Axcelis Technologies (ACLS) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. Coastal Financial Corporation (CCB)
79.9% sales growth and 17.85% return on equity
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including checking accounts, demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat, and recreational vehicle loans, as well as secured term loans. It also provides remote deposit capture, online banking, mobile banking, and direct and reciprocal deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services. It operates 15 full-service banking locations. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.
Earnings Per Share
As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $2.58.
PE Ratio
Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 16.76. Meaning,
the purchaser of the share is investing $16.76 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.85%.
Yearly Top and Bottom Value
Coastal Financial Corporation’s stock is valued at $43.23 at 15:22 EST, way under its 52-week high of $54.53 and way higher than its 52-week low of $35.61.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 49.1% and 91.3%, respectively.
Sales Growth
Coastal Financial Corporation’s sales growth is 124.7% for the current quarter and 79.9% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 163.9%, now sitting on 184.73M for the twelve trailing months.
2. Western Gas Partners, LP Limited Partner Interests (WES)
17.1% sales growth and 37.93% return on equity
Western Midstream Partners, LP, together with its subsidiaries, acquire, own, develop, and operate midstream assets primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids, and crude oil; and gathering and disposing of produced water. The company also buys and sells natural gas, NGLs, and condensate. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. The company was founded in 2007 and is headquartered in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $2.74.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 10.34. Meaning,
the purchaser of the share is investing $10.34 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.93%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Western Gas Partners, LP Limited Partner Interests’s EBITDA is 31.83.
Sales Growth
Western Gas Partners, LP Limited Partner Interests’s sales growth is 19.9% for the present quarter and 17.1% for the next.
3. Axcelis Technologies (ACLS)
15.5% sales growth and 28.73% return on equity
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers high energy, high current, and medium current implanters for various application requirements. It also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. It sells its equipment and services to semiconductor chip manufacturers through its direct sales force. The company was founded in 1978 and is headquartered in Beverly, Massachusetts.
Earnings Per Share
As for profitability, Axcelis Technologies has a trailing twelve months EPS of $4.91.
PE Ratio
Axcelis Technologies has a trailing twelve months price to earnings ratio of 20.47. Meaning,
the purchaser of the share is investing $20.47 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 28.73%.
4. Grupo Televisa S.A. (TV)
15% sales growth and 8.46% return on equity
Grupo Televisa, S.A.B. operates as a media company in the Spanish-speaking world. The company operates in four segments: Cable, Sky, Content, and Other Businesses. The Cable segment operates cable multiple system and telecommunication facilities. It provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising sales; and data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network. The Sky segment offers direct-to-home broadcast satellite pay television services comprising program, installation, and equipment rental services to subscribers in Mexico, Central America, and the Dominican Republic; and national advertising sales. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico. It also offers programming services for cable and pay-per-view television companies in Mexico, other countries in Latin America, the United States, and Europe; and licenses and syndicates television programming. The Other Businesses segment is involved in sports and show business promotion, soccer, feature film production and distribution, gaming, publishing, and publishing distribution businesses. Grupo Televisa, S.A.B. was founded in 1969 and is headquartered in Mexico City, Mexico.
Earnings Per Share
As for profitability, Grupo Televisa S.A. has a trailing twelve months EPS of $0.95.
PE Ratio
Grupo Televisa S.A. has a trailing twelve months price to earnings ratio of 5.93. Meaning,
the purchaser of the share is investing $5.93 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.46%.
Yearly Top and Bottom Value
Grupo Televisa S.A.’s stock is valued at $5.63 at 15:22 EST, way under its 52-week high of $11.90 and way higher than its 52-week low of $4.47.
5. Benchmark Electronics (BHE)
11.8% sales growth and 6.05% return on equity
Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, life cycle testing services, and environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. It sells its products primarily through direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.
Earnings Per Share
As for profitability, Benchmark Electronics has a trailing twelve months EPS of $1.67.
PE Ratio
Benchmark Electronics has a trailing twelve months price to earnings ratio of 16.36. Meaning,
the purchaser of the share is investing $16.36 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.05%.
Volume
Today’s last reported volume for Benchmark Electronics is 129479 which is 20.25% below its average volume of 162365.
6. Gildan Activewear (GIL)
5.1% sales growth and 36.38% return on equity
Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Comfort Colors, American Apparel, Alstyle, and GoldToe brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks, as well as sheer pantyhose, tights, and leggings under the Gildan, Under Armour, GoldToe, PowerSox, Signature Gold by Goldtoe, Peds, MediPeds, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel brands. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brands; and ladies' shapewear, intimates, and accessories under the Secret and Secret Silky brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.
Earnings Per Share
As for profitability, Gildan Activewear has a trailing twelve months EPS of $-1.14.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 36.38%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.9%, now sitting on 3.26B for the twelve trailing months.
Sales Growth
Gildan Activewear’s sales growth is 18.8% for the current quarter and 5.1% for the next.
Moving Average
Gildan Activewear’s worth is above its 50-day moving average of $28.84 and higher than its 200-day moving average of $30.03.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 23, 2022, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 2.13%.
