(VIANEWS) – Extra Space Storage (EXR), Pembina Pipeline (PBA), ANI Pharmaceuticals (ANIP) 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. Extra Space Storage (EXR)
62.6% sales growth and 8.73% return on equity
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2023, the Company owned and/or operated 3,714 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.6 million units and approximately 283.0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $4.74.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 29.68. Meaning, the purchaser of the share is investing $29.68 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 8.73%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 57.2%, now sitting on 2.62B for the twelve trailing months.
Sales Growth
Extra Space Storage’s sales growth is 62.2% for the current quarter and 62.6% for the next.
2. Pembina Pipeline (PBA)
16.7% sales growth and 11.24% return on equity
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Pembina Pipeline has a trailing twelve months EPS of $2.2.
PE Ratio
Pembina Pipeline has a trailing twelve months price to earnings ratio of 15.78. Meaning, the purchaser of the share is investing $15.78 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 11.24%.
Moving Average
Pembina Pipeline’s worth is below its 50-day moving average of $34.82 and above its 200-day moving average of $32.63.
3. ANI Pharmaceuticals (ANIP)
13% sales growth and 4.72% return on equity
ANI Pharmaceuticals, Inc., a biopharmaceutical company, develops, manufactures, and markets branded and generic prescription pharmaceuticals in the United States and Canada. It focuses on producing controlled substances, oncology products, hormones and steroids, injectables, and other formulations. The company manufactures oral solid dose products; semi-solids, liquids, and topicals; and potent products, as well as performs contract development and manufacturing of pharmaceutical products for other companies. It markets its products through retail pharmacy chains, wholesalers, distributors and mail order pharmacies, and group purchasing organizations. The company was incorporated in 2001 and is headquartered in Baudette, Minnesota.
Earnings Per Share
As for profitability, ANI Pharmaceuticals has a trailing twelve months EPS of $0.85.
PE Ratio
ANI Pharmaceuticals has a trailing twelve months price to earnings ratio of 79.52. Meaning, the purchaser of the share is investing $79.52 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 4.72%.
Sales Growth
ANI Pharmaceuticals’s sales growth is 50.8% for the ongoing quarter and 13% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.7%, now sitting on 486.82M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ANI Pharmaceuticals’s EBITDA is 56.84.
4. Hartford Financial Services Group (HIG)
9.3% sales growth and 17.27% return on equity
The Hartford Financial Services Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channels and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and leave management solution. This segment also distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
Earnings Per Share
As for profitability, Hartford Financial Services Group has a trailing twelve months EPS of $7.97.
PE Ratio
Hartford Financial Services Group has a trailing twelve months price to earnings ratio of 12.27. Meaning, the purchaser of the share is investing $12.27 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 17.27%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hartford Financial Services Group’s EBITDA is 1.37.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.4%, now sitting on 24.55B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 1, 2024, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 1.94%.
Volume
Today’s last reported volume for Hartford Financial Services Group is 1442580 which is 22.35% below its average volume of 1857860.
5. American Electric Power Company (AEP)
8.5% sales growth and 8.96% return on equity
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, American Electric Power Company has a trailing twelve months EPS of $4.24.
PE Ratio
American Electric Power Company has a trailing twelve months price to earnings ratio of 19.36. Meaning, the purchaser of the share is investing $19.36 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 8.96%.
Volume
Today’s last reported volume for American Electric Power Company is 2363040 which is 39.86% below its average volume of 3929360.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.2%, now sitting on 18.98B for the twelve trailing months.
Sales Growth
American Electric Power Company’s sales growth is 7.2% for the present quarter and 8.5% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 3.52 and the estimated forward annual dividend yield is 4.18%.
6. First Business Financial Services (FBIZ)
7.7% sales growth and 13.46% return on equity
First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit, as well as credit cards. It also provides loan products, including commercial real estate loans, commercial and industrial loans, small business administration loans, and direct financing leases, as well as consumer and other loans comprising home equity, first and second mortgage, and other personal loans for professional and executive clients. The company offers commercial lending, asset-based lending, equipment financing, accounts receivable financing, vendor financing, floorplan financing, treasury management services, and company retirement plans; trust and estate administration, financial planning, investment management, and private banking services; and investment portfolio administrative, asset-liability management, and asset-liability management process validation services for other financial institutions. First Business Financial Services, Inc. was founded in 1909 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, First Business Financial Services has a trailing twelve months EPS of $4.33.
PE Ratio
First Business Financial Services has a trailing twelve months price to earnings ratio of 7.96. Meaning, the purchaser of the share is investing $7.96 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 13.46%.
