(VIANEWS) – New York Community Bancorp (NYCB), Summit Financial Group (SMMF), Iron Mountain Incorporated (IRM) 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. New York Community Bancorp (NYCB)
113.3% sales growth and 30.67% return on equity
New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company also offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Hicksville, New York.
Earnings Per Share
As for profitability, New York Community Bancorp has a trailing twelve months EPS of $3.97.
PE Ratio
New York Community Bancorp has a trailing twelve months price to earnings ratio of 2.75. Meaning, the purchaser of the share is investing $2.75 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 30.67%.
Volume
Today’s last reported volume for New York Community Bancorp is 6176880 which is 28.4% below its average volume of 8627580.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 12.9% and 32%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 3, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 6.22%.
Yearly Top and Bottom Value
New York Community Bancorp’s stock is valued at $10.92 at 20:22 EST, way under its 52-week high of $14.22 and way higher than its 52-week low of $5.81.
2. Summit Financial Group (SMMF)
19.6% sales growth and 13.87% return on equity
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.
Earnings Per Share
As for profitability, Summit Financial Group has a trailing twelve months EPS of $3.85.
PE Ratio
Summit Financial Group has a trailing twelve months price to earnings ratio of 5.85. Meaning, the purchaser of the share is investing $5.85 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 13.87%.
Sales Growth
Summit Financial Group’s sales growth is 22.9% for the present quarter and 19.6% for the next.
3. Iron Mountain Incorporated (IRM)
14.2% sales growth and 60.86% return on equity
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $1.29.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 46.26. Meaning, the purchaser of the share is investing $46.26 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 60.86%.
Moving Average
Iron Mountain Incorporated’s value is under its 50-day moving average of $61.07 and above its 200-day moving average of $55.96.
Sales Growth
Iron Mountain Incorporated’s sales growth is 7.6% for the present quarter and 14.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 5.24B for the twelve trailing months.
4. NICE Ltd (NICE)
8.2% sales growth and 10.11% return on equity
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for CX that discovers automation opportunities for self-service; digital-entry points solutions that enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing. The company also provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time; complete performance solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is based in Ra'anana, Israel.
Earnings Per Share
As for profitability, NICE Ltd has a trailing twelve months EPS of $4.62.
PE Ratio
NICE Ltd has a trailing twelve months price to earnings ratio of 34.84. Meaning, the purchaser of the share is investing $34.84 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 10.11%.
Yearly Top and Bottom Value
NICE Ltd’s stock is valued at $160.96 at 20:22 EST, way under its 52-week high of $231.54 and above its 52-week low of $158.29.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 12% and 8.3%, respectively.
Volume
Today’s last reported volume for NICE Ltd is 175843 which is 57.76% below its average volume of 416342.
5. 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 32.7. Meaning, the purchaser of the share is investing $32.7 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%.
Sales Growth
CVS Health’s sales growth is 8.7% for the ongoing quarter and 7.8% for the next.
Moving Average
CVS Health’s value is higher than its 50-day moving average of $69.86 and below its 200-day moving average of $75.29.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CVS Health’s EBITDA is 32.94.
6. WillScot Mobile Mini Holdings Corp. (WSC)
7.1% sales growth and 21.24% return on equity
WillScot Mobile Mini Holdings Corp. provides modular space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases various office space and storage solutions for temporary applications across a customer base in the commercial and industrial, construction, retail, education, health care, government, transportation, security, and energy sectors. . It operates a fleet of over 350,000 portable offices and storage containers. The company is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, WillScot Mobile Mini Holdings Corp. has a trailing twelve months EPS of $1.55.
PE Ratio
WillScot Mobile Mini Holdings Corp. has a trailing twelve months price to earnings ratio of 26.86. Meaning, the purchaser of the share is investing $26.86 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 21.24%.
