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Northeast Bank And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Northeast Bank (NBN), The Lovesac Company (LOVE), Synopsys (SNPS) 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. Northeast Bank (NBN)

27.2% sales growth and 16.1% return on equity

Northeast Bank provides personal and business banking services in Maine, the United States. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.

Earnings Per Share

As for profitability, Northeast Bank has a trailing twelve months EPS of $5.36.

PE Ratio

Northeast Bank has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing $8.82 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 16.1%.

Volume

Today’s last reported volume for Northeast Bank is 20592 which is 0.32% above its average volume of 20526.

2. The Lovesac Company (LOVE)

23% sales growth and 23.85% return on equity

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, foot sac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 31, 2021, the Company operated 108 showrooms. It markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, and street locations in 36 states of the United States; and in store pop-up- shops and shop-in-shops. The Lovesac Company was founded in 1995 and is based in Stamford, Connecticut.

Earnings Per Share

As for profitability, The Lovesac Company has a trailing twelve months EPS of $0.96.

PE Ratio

The Lovesac Company has a trailing twelve months price to earnings ratio of 31.01. Meaning, the purchaser of the share is investing $31.01 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 23.85%.

Sales Growth

The Lovesac Company’s sales growth for the next quarter is 23%.

3. Synopsys (SNPS)

18.6% sales growth and 18.02% return on equity

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as a series of tools used in the design of optical systems and photonic devices. Further, it provides security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. The company serves electronics, financial services, automotive, medicine, energy, and industrial areas. Synopsys, Inc. was incorporated in 1986 and is headquartered in Mountain View, California.

Earnings Per Share

As for profitability, Synopsys has a trailing twelve months EPS of $4.62.

PE Ratio

Synopsys has a trailing twelve months price to earnings ratio of 78.12. Meaning, the purchaser of the share is investing $78.12 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 18.02%.

Moving Average

Synopsys’s worth is above its 50-day moving average of $340.28 and way higher than its 200-day moving average of $324.27.

Yearly Top and Bottom Value

Synopsys’s stock is valued at $361.30 at 00:22 EST, below its 52-week high of $391.17 and way higher than its 52-week low of $255.02.

4. Middlesex Water Company (MSEX)

14.6% sales growth and 10.66% return on equity

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

Earnings Per Share

As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.18.

PE Ratio

Middlesex Water Company has a trailing twelve months price to earnings ratio of 40.75. Meaning, the purchaser of the share is investing $40.75 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 10.66%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 14, 2022, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 1.46%.

Sales Growth

Middlesex Water Company’s sales growth is 14.6% for the current quarter and 14.6% for the next.

Moving Average

Middlesex Water Company’s value is above its 50-day moving average of $86.12 and higher than its 200-day moving average of $87.20.

5. Woodward (WWD)

10.7% sales growth and 8.22% return on equity

Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, and motors and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. Its products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, power converters, sensors, and other devices that measure, communicate, and protect electrical distribution systems for use in industrial gas turbines, steam turbines, reciprocating engines, electric power generation and power distribution systems, wind turbines, and compressors. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.

Earnings Per Share

As for profitability, Woodward has a trailing twelve months EPS of $2.73.

PE Ratio

Woodward has a trailing twelve months price to earnings ratio of 37.61. Meaning, the purchaser of the share is investing $37.61 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 8.22%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 0.85%.

Sales Growth

Woodward’s sales growth is 10.9% for the present quarter and 10.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.2%, now sitting on 2.46B for the twelve trailing months.

6. Casella Waste Systems (CWST)

7.8% sales growth and 11.53% return on equity

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. It also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities, as well as recyclables purchased from third parties. In addition, the company is involved in commodity brokerage operations. As of April 15, 2021, it owned and/or operated 46 solid waste collection operations, 58 transfer stations, 20 recycling facilities, 8 Subtitle D landfills, 4 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. The company was founded in 1975 and is headquartered in Rutland, Vermont.

Earnings Per Share

As for profitability, Casella Waste Systems has a trailing twelve months EPS of $1.03.

PE Ratio

Casella Waste Systems has a trailing twelve months price to earnings ratio of 75.06. Meaning, the purchaser of the share is investing $75.06 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 11.53%.

Yearly Top and Bottom Value

Casella Waste Systems’s stock is valued at $77.31 at 00:22 EST, way below its 52-week high of $92.75 and way higher than its 52-week low of $63.90.

7. Alamo Group (ALG)

5.2% sales growth and 12.88% return on equity

Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.

Earnings Per Share

As for profitability, Alamo Group has a trailing twelve months EPS of $7.72.

PE Ratio

Alamo Group has a trailing twelve months price to earnings ratio of 21.13. Meaning, the purchaser of the share is investing $21.13 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 12.88%.

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