(VIANEWS) – Essent Group Ltd. (ESNT), MGM Resorts (MGM), Transcat (TRNS) 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. Essent Group Ltd. (ESNT)
14.4% sales growth and 14.69% return on equity
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Essent Group Ltd. has a trailing twelve months EPS of $6.23.
PE Ratio
Essent Group Ltd. has a trailing twelve months price to earnings ratio of 8.48. Meaning, the purchaser of the share is investing $8.48 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 14.69%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 1.03B for the twelve trailing months.
Sales Growth
Essent Group Ltd.’s sales growth is 25% for the present quarter and 14.4% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.89%.
Moving Average
Essent Group Ltd.’s worth is higher than its 50-day moving average of $49.64 and way higher than its 200-day moving average of $47.14.
2. MGM Resorts (MGM)
13.1% sales growth and 11.81% return on equity
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, MGM Resorts has a trailing twelve months EPS of $2.98.
PE Ratio
MGM Resorts has a trailing twelve months price to earnings ratio of 14.42. Meaning, the purchaser of the share is investing $14.42 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 11.81%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.3%, now sitting on 15.33B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 146.4% and 25%, respectively.
Yearly Top and Bottom Value
MGM Resorts’s stock is valued at $42.97 at 05:22 EST, way below its 52-week high of $51.35 and way above its 52-week low of $34.12.
Volume
Today’s last reported volume for MGM Resorts is 2742250 which is 40.76% below its average volume of 4629430.
3. Transcat (TRNS)
9.8% sales growth and 7.52% return on equity
Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates in two segments, Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management software that is used to integrate and manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, oil and gas and alternative energy, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Transcat has a trailing twelve months EPS of $1.12.
PE Ratio
Transcat has a trailing twelve months price to earnings ratio of 87.43. Meaning, the purchaser of the share is investing $87.43 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 7.52%.
Volume
Today’s last reported volume for Transcat is 31573 which is 40.47% below its average volume of 53039.
Yearly Top and Bottom Value
Transcat’s stock is valued at $97.92 at 05:22 EST, way under its 52-week high of $115.41 and way higher than its 52-week low of $74.89.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Transcat’s EBITDA is 187.6.
4. MYR Group (MYRG)
7.3% sales growth and 15.76% return on equity
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments, Transmission and Distribution, and Commercial and Industrial. The company's Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry. Its services include construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, and renewable power facilities; and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. Its Commercial and Industrial segment provides services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Henderson, Colorado.
Earnings Per Share
As for profitability, MYR Group has a trailing twelve months EPS of $5.43.
PE Ratio
MYR Group has a trailing twelve months price to earnings ratio of 25.6. Meaning, the purchaser of the share is investing $25.6 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 15.76%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MYR Group’s EBITDA is 48.84.
Volume
Today’s last reported volume for MYR Group is 103331 which is 19.54% below its average volume of 128430.
