(VIANEWS) – CarGurus (CARG), Palomar Holdings (PLMR), TrustCo Bank Corp NY (TRST) 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. CarGurus (CARG)
39% sales growth and 15.08% return on equity
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
Earnings Per Share
As for profitability, CarGurus has a trailing twelve months EPS of $0.68.
PE Ratio
CarGurus has a trailing twelve months price to earnings ratio of 24.84. Meaning, the purchaser of the share is investing $24.84 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 15.08%.
Sales Growth
CarGurus’s sales growth for the next quarter is 39%.
Yearly Top and Bottom Value
CarGurus’s stock is valued at $16.89 at 05:22 EST, way below its 52-week high of $50.03 and way higher than its 52-week low of $9.14.
Revenue Growth
Year-on-year quarterly revenue growth grew by 134.8%, now sitting on 1.5B for the twelve trailing months.
2. Palomar Holdings (PLMR)
30.6% sales growth and 13.42% return on equity
Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Earnings Per Share
As for profitability, Palomar Holdings has a trailing twelve months EPS of $1.99.
PE Ratio
Palomar Holdings has a trailing twelve months price to earnings ratio of 26.82. Meaning, the purchaser of the share is investing $26.82 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 13.42%.
Volume
Today’s last reported volume for Palomar Holdings is 237686 which is 25.84% above its average volume of 188866.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.3%, now sitting on 311.63M for the twelve trailing months.
Moving Average
Palomar Holdings’s worth is higher than its 50-day moving average of $49.93 and way below its 200-day moving average of $65.37.
3. TrustCo Bank Corp NY (TRST)
20.5% sales growth and 12% return on equity
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2020, it operated 148 banking offices and 164 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
Earnings Per Share
As for profitability, TrustCo Bank Corp NY has a trailing twelve months EPS of $0.55.
PE Ratio
TrustCo Bank Corp NY has a trailing twelve months price to earnings ratio of 66.44. Meaning, the purchaser of the share is investing $66.44 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%.
4. CAE Ordinary Shares (CAE)
12.4% sales growth and 4.42% return on equity
CAE Inc., together with its subsidiaries, designs, manufactures, and supplies simulation equipment and training solutions to defense and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers, and healthcare education and service providers worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as end to end digitally-enabled crew management, training operations solutions, and optimization software. Its Defence and Security segment offers training and mission support solutions for defense forces across multi-domain operations, and for government organizations responsible for public safety. The company's Healthcare segment provides integrated education and training solutions, including surgical and imaging simulations, curriculum, audiovisual and centre management platforms, and patient simulators to healthcare students and clinical professionals. It has a strategic partnership with Volocopter GmbH to develop, certify, and deploy a pilot training program for electric vertical takeoff and landing operations. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in June 1993. CAE Inc. was founded in 1947 and is headquartered in Saint-Laurent, Canada.
Earnings Per Share
As for profitability, CAE Ordinary Shares has a trailing twelve months EPS of $0.41.
PE Ratio
CAE Ordinary Shares has a trailing twelve months price to earnings ratio of 56.9. Meaning, the purchaser of the share is investing $56.9 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 4.42%.
Volume
Today’s last reported volume for CAE Ordinary Shares is 257769 which is 13.86% above its average volume of 226380.
Sales Growth
CAE Ordinary Shares’s sales growth is 24.3% for the current quarter and 12.4% for the next.
