(VIANEWS) – Liberty Media Corporation (FWONK), StoneCastle Financial Corp (BANX), Magna International (MGA) 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. Liberty Media Corporation (FWONK)
67.8% sales growth and 7.03% return on equity
Formula One Group engages in the motorsports business. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.
Earnings Per Share
As for profitability, Liberty Media Corporation has a trailing twelve months EPS of $1.85.
PE Ratio
Liberty Media Corporation has a trailing twelve months price to earnings ratio of 35.85. Meaning, the purchaser of the share is investing $35.85 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 7.03%.
2. StoneCastle Financial Corp (BANX)
29.5% sales growth and 3.56% return on equity
ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, StoneCastle Financial Corp has a trailing twelve months EPS of $0.75.
PE Ratio
StoneCastle Financial Corp has a trailing twelve months price to earnings ratio of 22.21. Meaning, the purchaser of the share is investing $22.21 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 3.56%.
Volume
Today’s last reported volume for StoneCastle Financial Corp is 4614 which is 64.78% below its average volume of 13104.
3. Magna International (MGA)
10.8% sales growth and 8.5% return on equity
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers ?electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Earnings Per Share
As for profitability, Magna International has a trailing twelve months EPS of $3.24.
PE Ratio
Magna International has a trailing twelve months price to earnings ratio of 17.81. Meaning, the purchaser of the share is investing $17.81 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 8.5%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 25.2% and 54.9%, respectively.
Volume
Today’s last reported volume for Magna International is 713915 which is 35.59% below its average volume of 1108440.
Sales Growth
Magna International’s sales growth is 12.3% for the ongoing quarter and 10.8% for the next.
4. Erie Indemnity Company (ERIE)
10.3% sales growth and 24.54% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $6.78.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 40.8. Meaning, the purchaser of the share is investing $40.8 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 24.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.7%, now sitting on 3.03B for the twelve trailing months.
Volume
Today’s last reported volume for Erie Indemnity Company is 122548 which is 50.34% below its average volume of 246774.
Yearly Top and Bottom Value
Erie Indemnity Company’s stock is valued at $276.60 at 06:22 EST, below its 52-week high of $293.26 and way higher than its 52-week low of $199.49.
Previous days news about Erie Indemnity Company(ERIE)
- According to Zacks on Wednesday, 6 September, "Some top-ranked stocks from the same space are Erie Indemnity Company (ERIE Quick QuoteERIE – Free Report) and Brown & Brown, Inc. (BRO Quick QuoteBRO – Free Report) ."
5. Waste Connections (WCN)
9.8% sales growth and 11.7% return on equity
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
Earnings Per Share
As for profitability, Waste Connections has a trailing twelve months EPS of $3.26.
PE Ratio
Waste Connections has a trailing twelve months price to earnings ratio of 42.57. Meaning, the purchaser of the share is investing $42.57 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 11.7%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 0.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 7.67B for the twelve trailing months.
Yearly Top and Bottom Value
Waste Connections’s stock is valued at $138.77 at 06:22 EST, under its 52-week high of $148.20 and way higher than its 52-week low of $124.23.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Waste Connections’s EBITDA is 5.52.
6. CVS Health (CVS)
7.8% sales growth and 3.81% return on equity
CVS Health Corporation provides health services in the United States. It operates through Health Care Benefits, Pharmacy Services, and Retail/LTC segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was incorporated in 1996 and is headquartered in Woonsocket, Rhode Island.
Earnings Per Share
As for profitability, CVS Health has a trailing twelve months EPS of $2.19.
PE Ratio
CVS Health has a trailing twelve months price to earnings ratio of 29.92. Meaning, the purchaser of the share is investing $29.92 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 3.81%.
Moving Average
CVS Health’s value is under its 50-day moving average of $71.09 and way under its 200-day moving average of $79.47.
Volume
Today’s last reported volume for CVS Health is 3340040 which is 64.47% below its average volume of 9402920.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1.9% and 3.5%, respectively.
Sales Growth
CVS Health’s sales growth is 8.7% for the ongoing quarter and 7.8% for the next.
