(VIANEWS) – Consolidated Water Co. Ltd. (CWCO), EastGroup Properties (EGP), NMI Holdings (NMIH) 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. Consolidated Water Co. Ltd. (CWCO)
22.8% sales growth and 9.19% return on equity
Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. It uses reverse osmosis technology to produce potable water from seawater. The company produces and supplies water to end-users, including residential, commercial, and government customers, as well as government-owned distributors. It also provides design, engineering, construction, procurement, and management services for desalination projects and water treatment plants, as well as management and engineering services relating to municipal water distribution and treatment. In addition, the company manufactures and services a range of water-related products, including reverse osmosis desalination equipment, membrane separation equipment, filtration equipment, piping systems, vessels, and custom fabricated components; and provides design, engineering, consulting, management, inspection, training, and equipment maintenance services for commercial, municipal, and industrial water production, supply, and treatment, as well as desalination and wastewater treatment. Consolidated Water Co. Ltd. was incorporated in 1973 and is headquartered in Grand Cayman, the Cayman Islands.
Earnings Per Share
As for profitability, Consolidated Water Co. Ltd. has a trailing twelve months EPS of $0.93.
PE Ratio
Consolidated Water Co. Ltd. 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 9.19%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 1.19%.
Moving Average
Consolidated Water Co. Ltd.’s value is way above its 50-day moving average of $25.02 and way above its 200-day moving average of $19.16.
Sales Growth
Consolidated Water Co. Ltd.’s sales growth is 56.4% for the present quarter and 22.8% for the next.
2. EastGroup Properties (EGP)
11.9% sales growth and 7.84% return on equity
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.
Earnings Per Share
As for profitability, EastGroup Properties has a trailing twelve months EPS of $3.73.
PE Ratio
EastGroup Properties has a trailing twelve months price to earnings ratio of 44.9. Meaning, the purchaser of the share is investing $44.9 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 7.84%.
Previous days news about EastGroup Properties(EGP)
- According to Zacks on Thursday, 5 October, "In contrast, EastGroup Properties falls under the REIT and Equity Trust – Other industry. ", "Investors interested in the Finance sector may want to keep a close eye on Bay Commercial Bank and EastGroup Properties as they attempt to continue their solid performance."
- According to Zacks on Thursday, 5 October, "Some better-ranked stocks from the broader real estate industry are Welltower (WELL Quick QuoteWELL – Free Report) , Americold Realty Trust (COLD Quick QuoteCOLD – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) , each carrying a Zacks Rank #2 (Buy) at present. "
- Zacks industry outlook highlights welltower, americold realty and eastgroup properties. According to Zacks on Thursday, 5 October, "Chicago, IL - October 5, 2023 - Today, Zacks Equity Research discusses Welltower (WELL Quick QuoteWELL – Free Report) , Americold Realty Trust (COLD Quick QuoteCOLD – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) .", "Amid these, Welltower, Americold Realty Trust and EastGroup Properties are likely to thrive."
- According to Zacks on Thursday, 5 October, "Some better-ranked stocks from the REIT sector are Welltower (WELL Quick QuoteWELL – Free Report) , EastGroup Properties (EGP Quick QuoteEGP – Free Report) and Americold Realty Trust (COLD Quick QuoteCOLD – Free Report) . "
- According to Zacks on Friday, 6 October, "This will offer opportunities to industrial landlords, including Plymouth, Prologis (PLD Quick QuotePLD – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) , to enjoy a favorable market environment."
3. NMI Holdings (NMIH)
9.6% sales growth and 18.6% return on equity
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California.
Earnings Per Share
As for profitability, NMI Holdings has a trailing twelve months EPS of $3.53.
PE Ratio
NMI Holdings has a trailing twelve months price to earnings ratio of 7.67. Meaning, the purchaser of the share is investing $7.67 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 18.6%.
Previous days news about NMI Holdings(NMIH)
- According to Zacks on Thursday, 5 October, "In addition, Zacks Equity Research provides analysis on Kinsale Capital Group, Inc. (KNSL Quick QuoteKNSL – Free Report) , NMI Holdings (NMIH Quick QuoteNMIH – Free Report) and Primerica, Inc. (PRI Quick QuotePRI – Free Report) .", "Headquartered in Emeryville, CA, NMI Holdings provides private mortgage insurance (MI). "
4. McCormick & Company (MKC)
8.2% sales growth and 13.37% return on equity
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Earnings Per Share
As for profitability, McCormick & Company has a trailing twelve months EPS of $2.59.
PE Ratio
McCormick & Company has a trailing twelve months price to earnings ratio of 24.68. Meaning, the purchaser of the share is investing $24.68 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 13.37%.
5. American States Water Company (AWR)
5.3% sales growth and 16.17% return on equity
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.16.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 25.1. Meaning, the purchaser of the share is investing $25.1 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 16.17%.
Yearly Top and Bottom Value
American States Water Company’s stock is valued at $79.31 at 16:22 EST, way below its 52-week high of $100.51 and higher than its 52-week low of $75.20.
