(VIANEWS) – Northrim BanCorp (NRIM), Wintrust Financial Corporation (WTFC), Calix (CALX) 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. Northrim BanCorp (NRIM)
37.3% sales growth and 13.35% return on equity
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection from savings accounts, commercial drive-up banking, automatic transfers and payments, people pay, external and wire transfers, bill pay, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, and account reconciliation and positive pay services, as well as merchant and cash management programs, annuity products, and long term investment portfolios. As of December 31, 2020, the company operated 16 branches in Anchorage, the Matanuska-Susitna Valley, Juneau, Fairbanks, Ketchikan, Sitka, and Kenai Peninsula. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
Earnings Per Share
As for profitability, Northrim BanCorp has a trailing twelve months EPS of $5.1.
PE Ratio
Northrim BanCorp has a trailing twelve months price to earnings ratio of 10.37. Meaning,
the purchaser of the share is investing $10.37 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 13.35%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.3%, now sitting on 125.53M for the twelve trailing months.
Sales Growth
Northrim BanCorp’s sales growth is 21.1% for the ongoing quarter and 37.3% for the next.
2. Wintrust Financial Corporation (WTFC)
33.7% sales growth and 10.97% return on equity
Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. It also engages in the retail origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and cash management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions. It provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional clients. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. The company operates 181 banking facilities and 229 ATMs in the Chicago metropolitan area, southern Wisconsin, northwest Indiana, and Florida. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.
Earnings Per Share
As for profitability, Wintrust Financial Corporation has a trailing twelve months EPS of $8.02.
PE Ratio
Wintrust Financial Corporation has a trailing twelve months price to earnings ratio of 10.88. Meaning,
the purchaser of the share is investing $10.88 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 10.97%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 1.56%.
Yearly Top and Bottom Value
Wintrust Financial Corporation’s stock is valued at $87.23 at 19:22 EST, way under its 52-week high of $105.56 and way higher than its 52-week low of $76.13.
3. Calix (CALX)
27.8% sales growth and 8.27% return on equity
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and systems and services enable communication service providers (CSPs) to provide a range of services. It provides Calix Cloud platform, a role-based analytics platform comprising Calix Marketing Cloud, Calix Support Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable CSPs to anticipate and target new revenue-generating services and applications through mobile application. The company also offers EXOS, a carrier class smart home and business operating system that supports residential, business, and mobile subscribers; and AXOS, an operating system for access networks that allows a service provider to deliver all services on a single, elastic, converged access network that is always on, simple to operate, and quick to deploy. It offers its products through its direct sales force and resellers. Calix, Inc. was incorporated in 1999 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Calix has a trailing twelve months EPS of $0.94.
PE Ratio
Calix has a trailing twelve months price to earnings ratio of 54.07. Meaning,
the purchaser of the share is investing $54.07 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 8.27%.
Volume
Today’s last reported volume for Calix is 3048590 which is 375.77% above its average volume of 640770.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.2%, now sitting on 799.74M for the twelve trailing months.
Sales Growth
Calix’s sales growth is 35.2% for the ongoing quarter and 27.8% for the next.
4. U.S. Bancorp (USB)
27.4% sales growth and 12.87% return on equity
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.
Earnings Per Share
As for profitability, U.S. Bancorp has a trailing twelve months EPS of $3.79.
PE Ratio
U.S. Bancorp has a trailing twelve months price to earnings ratio of 13. Meaning,
the purchaser of the share is investing $13 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 12.87%.
Yearly Top and Bottom Value
U.S. Bancorp’s stock is valued at $49.27 at 19:22 EST, way under its 52-week high of $60.50 and way higher than its 52-week low of $38.39.
5. Central Valley Community Bancorp (CVCY)
19.7% sales growth and 12.75% return on equity
Central Valley Community Bancorp operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts demand, savings, and time deposits; NOW and money market accounts; certificates of deposit; and non-interest bearing demand deposits. Its loan products include commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied and investor commercial real estate, real estate construction and other land, agricultural real estate, and other real estate loans; and equity loans and lines of credit, and installment and other consumer loans. The company also offers domestic and international wire transfer, safe deposit box, Internet banking, and other customary banking services. As of December 31, 2020, the company operated 20 full-service banking offices in Cameron Park, Clovis, Exeter, Folsom, Fresno, Gold River, Kerman, Lodi, Madera, Merced, Modesto, Oakhurst, Prather, Roseville, Sacramento, Stockton, and Visalia. Central Valley Community Bancorp was founded in 1979 and is headquartered in Fresno, California.
Earnings Per Share
As for profitability, Central Valley Community Bancorp has a trailing twelve months EPS of $1.7.
PE Ratio
Central Valley Community Bancorp has a trailing twelve months price to earnings ratio of 12.86. Meaning,
the purchaser of the share is investing $12.86 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 12.75%.
6. Chevron (CVX)
11.8% sales growth and 20.24% return on equity
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $-4.12.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.24%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 17, 2022, the estimated forward annual dividend rate is 5.68 and the estimated forward annual dividend yield is 3.25%.
Moving Average
Chevron’s value is under its 50-day moving average of $177.70 and above its 200-day moving average of $165.24.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81%, now sitting on 206.1B for the twelve trailing months.
Previous days news about Chevron(CVX)
- According to MarketWatch on Thursday, 2 February, "The results bring to more than $132 billion the combined profit last year of the three big majors including historic results from Chevron Corp. and Exxon Mobil Corp., reported during the past week. "
7. Automatic Data Processing (ADP)
7% sales growth and 76.38% return on equity
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $5.76.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 39.18. Meaning,
the purchaser of the share is investing $39.18 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 76.38%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10%, now sitting on 16.88B for the twelve trailing months.
Moving Average
Automatic Data Processing’s worth is below its 50-day moving average of $247.95 and under its 200-day moving average of $233.82.
Previous days news about Automatic Data Processing(ADP)
- According to FXStreet on Wednesday, 1 February, "In fact, Automatic Data Processing (ADP) reported that the US private sector employers added 106 jobs in January, down sharply from the previous month’s upwardly revised 253K. "
- According to FXStreet on Wednesday, 1 February, "Apart from the Fed’s monetary policy, US Automatic Data Processing (ADP) Employment data and ISM Manufacturing PMI will be of utmost importance. "
- According to FXStreet on Wednesday, 1 February, "Apart from the Fed’s monetary policy, the release of the United States Automatic Data Processing (ADP) Employment data carries significant importance. "
- According to FXStreet on Thursday, 2 February, "Meanwhile, a decline in Automatic Data Processing (ADP) Employment data to 106K and a surge in job openings data have conveyed that the United States economy is failing to provide a sufficient supply of labor to meet the demand offered by the corporate sector. "
