(VIANEWS) – Northeast Bank (NBN), Agree Realty Corporation (ADC), Fabrinet Ordinary Shares (FN) 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 $3.4.
PE Ratio
Northeast Bank 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 16.1%.
Sales Growth
Northeast Bank’s sales growth is 28.7% for the present quarter and 27.2% for the next.
2. Agree Realty Corporation (ADC)
18.7% sales growth and 3.8% return on equity
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.83.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 40.87. Meaning, the purchaser of the share is investing $40.87 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 3.8%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 26, 2023, the estimated forward annual dividend rate is 2.88 and the estimated forward annual dividend yield is 3.85%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.5%, now sitting on 429.81M for the twelve trailing months.
3. Fabrinet Ordinary Shares (FN)
14.9% sales growth and 18.16% return on equity
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
Earnings Per Share
As for profitability, Fabrinet Ordinary Shares has a trailing twelve months EPS of $3.56.
PE Ratio
Fabrinet Ordinary Shares has a trailing twelve months price to earnings ratio of 34.63. Meaning, the purchaser of the share is investing $34.63 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 18.16%.
Volume
Today’s last reported volume for Fabrinet Ordinary Shares is 139459 which is 25.18% below its average volume of 186395.
Yearly Top and Bottom Value
Fabrinet Ordinary Shares’s stock is valued at $123.27 at 05:22 EST, way below its 52-week high of $140.18 and way above its 52-week low of $74.57.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18%, now sitting on 2.48B for the twelve trailing months.
Moving Average
Fabrinet Ordinary Shares’s value is below its 50-day moving average of $129.82 and way higher than its 200-day moving average of $106.82.
4. Funko (FNKO)
14.7% sales growth and 17.06% return on equity
Funko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company offers vinyl, blind-packed miniature, and action figures; plush products; accessories; apparels, such as t-shirts and hats; homewares, including drinkware, party lights and other home accessories, such as keychains, pens, and pins; and bags, purses and wallets, and board games. It offers its products under the Pop!, Loungefly, Mystery Minis, Paka Paka, Funko Soda, and Snapsies brand names; and licenses its properties under the classic evergreen, movie release, current TV, and current video game categories. The company sells its products to specialty retailers, mass-market retailers, e-commerce sites, and distributors; and at specialty licensing and comic book shows, conventions, and exhibitions, as well as through its e-commerce business. Funko, Inc. was incorporated in 2017 and is headquartered in Everett, Washington.
Earnings Per Share
As for profitability, Funko has a trailing twelve months EPS of $0.11.
PE Ratio
Funko has a trailing twelve months price to earnings ratio of 98.18. Meaning, the purchaser of the share is investing $98.18 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 17.06%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 28.2% and 115.8%, respectively.
Volume
Today’s last reported volume for Funko is 502071 which is 32.07% below its average volume of 739150.
5. Lear Corporation (LEA)
9% sales growth and 8.48% return on equity
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, South America, and internationally. Its Seating segment offers leather and fabric products, seat covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles. The company's E-Systems segment offers electrical distribution systems that route electrical signals and networks, and manage electrical power within the vehicle for various powertrains, such as traditional internal combustion engine architectures, hybrid, plug-in hybrid, and battery electric architectures. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless receiver and transmitter technology, lighting control modules, audio domain controllers, amplifiers, and communication modules. It also provides electrification products comprising charging systems that include onboard charging modules and cord set charging equipment; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Xevo Journeyware, a platform for the cloud, vehicles, and mobile devices; and connectivity products. The company was founded in 1917 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Lear Corporation has a trailing twelve months EPS of $2.62.
PE Ratio
Lear Corporation has a trailing twelve months price to earnings ratio of 54.18. Meaning, the purchaser of the share is investing $54.18 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 8.48%.
Sales Growth
Lear Corporation’s sales growth is 1.7% for the current quarter and 9% for the next.
Volume
Today’s last reported volume for Lear Corporation is 587237 which is 11.11% above its average volume of 528503.
Moving Average
Lear Corporation’s worth is higher than its 50-day moving average of $134.00 and higher than its 200-day moving average of $135.20.
6. Badger Meter (BMI)
8.6% sales growth and 15.73% return on equity
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Badger Meter has a trailing twelve months EPS of $2.26.
PE Ratio
Badger Meter has a trailing twelve months price to earnings ratio of 53.23. Meaning, the purchaser of the share is investing $53.23 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 15.73%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 565.57M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 22, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 0.75%.
Volume
Today’s last reported volume for Badger Meter is 197231 which is 49.22% above its average volume of 132173.
7. Boot Barn Holdings (BOOT)
7.5% sales growth and 26.33% return on equity
Boot Barn Holdings, Inc., a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing. The company also provides gifts and home merchandise. As of May 12, 2021, it operated 275 stores in 36 states. The company also sells its products through e-commerce websites, including bootbarn.com; sheplers.com; and countryoutfitter.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.
Earnings Per Share
As for profitability, Boot Barn Holdings has a trailing twelve months EPS of $5.42.
PE Ratio
Boot Barn Holdings has a trailing twelve months price to earnings ratio of 15. Meaning, the purchaser of the share is investing $15 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 26.33%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Boot Barn Holdings’s EBITDA is 1.73.
Volume
Today’s last reported volume for Boot Barn Holdings is 311575 which is 55.89% below its average volume of 706370.
