(VIANEWS) – Coastal Financial Corporation (CCB), Chesapeake Utilities Corporation (CPK), Goosehead Insurance (GSHD) 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. Coastal Financial Corporation (CCB)
48.4% sales growth and 13.86% return on equity
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, small business administration loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service, a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.
Earnings Per Share
As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $2.86.
PE Ratio
Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 15.48. Meaning, the purchaser of the share is investing $15.48 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 13.86%.
Moving Average
Coastal Financial Corporation’s worth is above its 50-day moving average of $41.46 and above its 200-day moving average of $41.14.
Volume
Today’s last reported volume for Coastal Financial Corporation is 21172 which is 60.14% below its average volume of 53122.
2. Chesapeake Utilities Corporation (CPK)
37.2% sales growth and 9.07% return on equity
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.76.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 22.76. Meaning, the purchaser of the share is investing $22.76 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 9.07%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 21.1% and positive 47.2% for the next.
Sales Growth
Chesapeake Utilities Corporation’s sales growth is 23% for the present quarter and 37.2% for the next.
3. Goosehead Insurance (GSHD)
15.3% sales growth and 2277.13% return on equity
Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates in two segments, Corporate Channel and Franchise Channel. It offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services. As of December 31, 2020, the company had 1,468 total franchises. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas.
Earnings Per Share
As for profitability, Goosehead Insurance has a trailing twelve months EPS of $0.61.
PE Ratio
Goosehead Insurance has a trailing twelve months price to earnings ratio of 104.44. Meaning, the purchaser of the share is investing $104.44 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 2277.13%.
4. Alibaba (BABA)
8% sales growth and 6.38% return on equity
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao and Tmall, which are digital retail platforms; Alimama, a proprietary monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; Freshippo, a retail platform for groceries and fresh goods; and Tmall Global, an import e-commerce platform. The company also operates Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, it offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, the company provides elastic computing, storage, network, security, database, big data, and IoT services; and hardware, software license, software installation, and application development and maintenance services. Additionally, it operates Youku, an online video platform; Quark, a platform for information search, storage, and consumption; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency mobile app; and Tmall Genie smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
Earnings Per Share
As for profitability, Alibaba has a trailing twelve months EPS of $5.35.
PE Ratio
Alibaba has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing $13.33 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 6.38%.
Yearly Top and Bottom Value
Alibaba’s stock is valued at $71.29 at 16:22 EST, way below its 52-week high of $102.50 and higher than its 52-week low of $66.63.
Moving Average
Alibaba’s worth is under its 50-day moving average of $77.09 and under its 200-day moving average of $78.40.
Sales Growth
Alibaba’s sales growth for the next quarter is 8%.
Previous days news about Alibaba(BABA)
- China's Alibaba is courting European and U.S. small businesses as it goes global. According to CNBC on Thursday, 6 June, "BEIJING – Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe."
5. Elbit Systems Ltd. (ESLT)
6.2% sales growth and 7.85% return on equity
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. It also manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions; laser systems and products; guided rocket systems; and armored vehicle and other platforms survivability and protection systems, as well as provides various training and support services. The company markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in the United States, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.
Earnings Per Share
As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $5.06.
PE Ratio
Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 38.11. Meaning, the purchaser of the share is investing $38.11 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 7.85%.
Yearly Top and Bottom Value
Elbit Systems Ltd.’s stock is valued at $192.85 at 16:22 EST, way under its 52-week high of $225.64 and above its 52-week low of $183.80.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 5.9% and 22.9%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 6.14B for the twelve trailing months.
