(VIANEWS) – Washington Federal (WAFD), Northrim BanCorp (NRIM), Agree Realty Corporation (ADC) 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. Washington Federal (WAFD)
24.5% sales growth and 11.87% return on equity
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies to customers and general public; holds and markets real estate properties; mobile and internet banking services; debit and credit cards; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2020, the company had 234 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
Earnings Per Share
As for profitability, Washington Federal has a trailing twelve months EPS of $3.85.
PE Ratio
Washington Federal has a trailing twelve months price to earnings ratio of 15.07. Meaning, the purchaser of the share is investing $15.07 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 11.87%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 22, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 2.67%.
Sales Growth
Washington Federal’s sales growth is 34.9% for the current quarter and 24.5% for the next.
Previous days news about Washington Federal(WAFD)
- Washington federal (wafd) lags Q2 earnings and revenue estimates. According to Zacks on Thursday, 13 April, "A quarter ago, it was expected that this holding company for Washington Federal Savings Bank would post earnings of $1.11 per share when it actually produced earnings of $1.16, delivering a surprise of 4.50%.", "While Washington Federal has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
- Washington federal (wafd) Q2 earnings miss, revenues rise. According to Zacks on Friday, 14 April, "During the quarter, Washington Federal repurchased 3,239 shares at an average price of $33.48 per share."
2. Northrim BanCorp (NRIM)
22.5% sales growth and 13.47% 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 $6.92.
PE Ratio
Northrim BanCorp has a trailing twelve months price to earnings ratio of 6.56. Meaning, the purchaser of the share is investing $6.56 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 13.47%.
Yearly Top and Bottom Value
Northrim BanCorp’s stock is valued at $45.36 at 11:22 EST, way below its 52-week high of $56.77 and way above its 52-week low of $38.42.
3. Agree Realty Corporation (ADC)
18.2% 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 36.1. Meaning, the purchaser of the share is investing $36.1 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.5%, now sitting on 429.81M for the twelve trailing months.
Volume
Today’s last reported volume for Agree Realty Corporation is 631353 which is 43.37% below its average volume of 1115020.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Agree Realty Corporation’s EBITDA is 84.68.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 2.88 and the estimated forward annual dividend yield is 4.36%.
4. Federal Signal Corporation (FSS)
16.6% sales growth and 14.64% return on equity
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through Environmental Solutions Group, and Safety and Security Systems Group. The Environmental Solutions Group segment offers a range of street sweepers, safe-digging trucks ,sewer cleaners, industrial vacuum loaders, vacuum, and hydro-excavation trucks; road-marking, line-removal and waterblasting equipment, dump truck bodies, trailers, and metal extraction support equipment under the Elgin, Vactor, Guzzler, TRUVAC, Westech, Jetstream, Mark Rite Lines, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, Travis, OSW, NTE, WTB, Ground Force, Bucks, and Switch-N-Go brand names. It also offers refuse and recycling collection vehicles, camera systems, ice resurfacing equipment, and snow-removal equipment, as well as safety, and security systems. In addition, this segment engages in the sale of parts, service and repair, equipment rental, and training activities. The Safety and Security Systems Group segment provides systems and products for community alerting, emergency vehicles, first responder interoperable communications, and industrial communications. Its products include vehicle lightbars and sirens, industrial signaling equipment, public warning systems, general alarm systems, and public address systems. This segment sells its products under the Federal Signal, Federal Signal VAMA, and Victor brand names. The company sells its products through wholesaler, distributor, independent manufacturer representative, original equipment manufacturer, and direct sales force, as well as independent foreign distributor. Federal Signal Corporation was founded in 1901 and is headquartered in Oak Brook, Illinois.
Earnings Per Share
As for profitability, Federal Signal Corporation has a trailing twelve months EPS of $1.97.
PE Ratio
Federal Signal Corporation has a trailing twelve months price to earnings ratio of 26.07. Meaning, the purchaser of the share is investing $26.07 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 14.64%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 0.7%.
Moving Average
Federal Signal Corporation’s worth is under its 50-day moving average of $53.01 and way above its 200-day moving average of $45.93.
Volume
Today’s last reported volume for Federal Signal Corporation is 146354 which is 59.72% below its average volume of 363422.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.9%, now sitting on 1.43B for the twelve trailing months.
5. Owens (OI)
6.2% sales growth and 53.25% return on equity
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.
Earnings Per Share
As for profitability, Owens has a trailing twelve months EPS of $3.67.
PE Ratio
Owens has a trailing twelve months price to earnings ratio of 6.04. Meaning, the purchaser of the share is investing $6.04 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 53.25%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Owens’s EBITDA is 1.05.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 46.4% and 2.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 6.86B for the twelve trailing months.
Volume
Today’s last reported volume for Owens is 39023 which is 97.07% below its average volume of 1331880.
