(VIANEWS) – AG Mortgage Investment Trust (MITT), Reinsurance Group of America (RGA), Euronet Worldwide (EEFT) 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. AG Mortgage Investment Trust (MITT)
44% sales growth and 12.41% return on equity
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
Earnings Per Share
As for profitability, AG Mortgage Investment Trust has a trailing twelve months EPS of $1.85.
PE Ratio
AG Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 3.56. Meaning, the purchaser of the share is investing $3.56 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 12.41%.
Yearly Top and Bottom Value
AG Mortgage Investment Trust’s stock is valued at $6.59 at 11:22 EST, below its 52-week high of $6.99 and way above its 52-week low of $4.82.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 5.4%.
2. Reinsurance Group of America (RGA)
17.1% sales growth and 10.05% return on equity
Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1973 and is headquartered in Chesterfield, Missouri.
Earnings Per Share
As for profitability, Reinsurance Group of America has a trailing twelve months EPS of $13.
PE Ratio
Reinsurance Group of America has a trailing twelve months price to earnings ratio of 16.15. Meaning, the purchaser of the share is investing $16.15 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 10.05%.
Moving Average
Reinsurance Group of America’s value is above its 50-day moving average of $196.19 and way higher than its 200-day moving average of $168.03.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 12.5% and a drop 7.2% for the next.
3. Euronet Worldwide (EEFT)
11% sales growth and 22.73% return on equity
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS currency conversion, ATM surcharge, advertising, customer relationship management, mobile top-up, bill payment, fraud management, foreign remittance and cardless payout, banknote recycling, and tax-refund services; and integrated electronic financial transaction software solutions, as well as delivers non-cash products. This segment operates a network of 42,713 ATMs and approximately 438,000 POS terminals. Its epay segment distributes and processed prepaid mobile airtime and other electronic payment products; and provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operates a network of approximately 775,000 POS terminals. The company's Money Transfer segment offers consumer-to-consumer and account-to-account money transfer, customers bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services, as well as payment alternatives, such as money orders and prepaid debit cards. This segment operates a network of approximately 510,000 money transfer locations. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas.
Earnings Per Share
As for profitability, Euronet Worldwide has a trailing twelve months EPS of $5.67.
PE Ratio
Euronet Worldwide has a trailing twelve months price to earnings ratio of 20.56. Meaning, the purchaser of the share is investing $20.56 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 22.73%.
Yearly Top and Bottom Value
Euronet Worldwide’s stock is valued at $116.58 at 11:22 EST, under its 52-week high of $121.06 and way higher than its 52-week low of $73.84.
Moving Average
Euronet Worldwide’s value is higher than its 50-day moving average of $109.21 and way higher than its 200-day moving average of $96.23.
4. Nelnet (NNI)
10.5% sales growth and 3.16% return on equity
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. Its Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The company's Education Technology, Services, and Payment Processing segment provides financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
Earnings Per Share
As for profitability, Nelnet has a trailing twelve months EPS of $3.71.
PE Ratio
Nelnet has a trailing twelve months price to earnings ratio of 27.96. Meaning, the purchaser of the share is investing $27.96 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 3.16%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 1.08%.
5. Canadian Pacific Railway (CP)
6.9% sales growth and 9.36% return on equity
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers. It also provides rail and intermodal transportation services over a network of approximately 20,000 miles serving business centres. The company was formerly known as Canadian Pacific Railway Limited and changed its name to Canadian Pacific Kansas City Limited in April 2023. Canadian Pacific Kansas City Limited was incorporated in 1881 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Canadian Pacific Railway has a trailing twelve months EPS of $3.1.
PE Ratio
Canadian Pacific Railway has a trailing twelve months price to earnings ratio of 27.76. Meaning, the purchaser of the share is investing $27.76 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 9.36%.
