(VIANEWS) – Fulton Financial Corporation (FULT), Group 1 Automotive (GPI), Apple (AAPL) 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. Fulton Financial Corporation (FULT)
15.6% sales growth and 10.34% return on equity
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.61.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 10.1. Meaning, the purchaser of the share is investing $10.1 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 10.34%.
2. Group 1 Automotive (GPI)
12.7% sales growth and 23.05% return on equity
Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. It operates primarily in 17 states in the United States; and 35 towns in the United Kingdom. As of July 11, 2022, the company owned and operated 204 automotive dealerships, 273 franchises, and 47 collision centers that offer 35 brands of automobiles. Group 1 Automotive, Inc. was incorporated in 1995 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Group 1 Automotive has a trailing twelve months EPS of $42.4.
PE Ratio
Group 1 Automotive has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing $7.17 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 23.05%.
Volume
Today’s last reported volume for Group 1 Automotive is 73961 which is 45.44% below its average volume of 135577.
3. Apple (AAPL)
11.1% sales growth and 147.25% return on equity
I’m having trouble envisioning what would hurt Microsoft, Apple and Nvidia at the same time, he said.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.
Earnings Per Share
As for profitability, Apple has a trailing twelve months EPS of $6.42.
PE Ratio
Apple has a trailing twelve months price to earnings ratio of 27.5. Meaning, the purchaser of the share is investing $27.5 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 147.25%.
Moving Average
Apple’s worth is under its 50-day moving average of $190.68 and under its 200-day moving average of $183.70.
Volume
Today’s last reported volume for Apple is 98703700 which is 61.52% above its average volume of 61107600.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 0.47%.
Previous days news about Apple(AAPL)
- According to Zacks on Friday, 28 June, "Three stocks - NVIDIA (NVDA), Apple (AAPL), and Microsoft (MSFT) - in the "Magnificent Seven" group are in a race to become the world’s most valuable company and hit a market capitalization of $4 trillion on surging enthusiasm over AI capabilities. ", "E-commerce giant Amazon.com Inc. (AMZN) also topped $2 trillion in market cap for the first time in the latest trading session (read: Tech ETFs Faceoff: Apple Vs. "
- According to CNBC on Saturday, 29 June, "As of May 31, FactSet reports the Russell 1000 Growth ETF’s top three holdings are Microsoft, Apple and Nvidia. "
- According to Zacks on Friday, 28 June, "The three stocks - NVIDIA (NVDA Quick QuoteNVDA – Free Report) , Apple (AAPL Quick QuoteAAPL – Free Report) , and Microsoft (MSFT Quick QuoteMSFT – Free Report) - in the "Magnificent Seven" group are in a race to become the world’s most valuable company and hit a market capitalization of $4 trillion on surging enthusiasm over AI capabilities. "
4. Arrow Financial Corporation (AROW)
8.1% sales growth and 7.87% return on equity
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
Earnings Per Share
As for profitability, Arrow Financial Corporation has a trailing twelve months EPS of $1.72.
PE Ratio
Arrow Financial Corporation has a trailing twelve months price to earnings ratio of 14.53. Meaning, the purchaser of the share is investing $14.53 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 7.87%.
Yearly Top and Bottom Value
Arrow Financial Corporation’s stock is valued at $25.00 at 16:22 EST, way under its 52-week high of $29.66 and way higher than its 52-week low of $16.65.
Sales Growth
Arrow Financial Corporation’s sales growth is 6.1% for the ongoing quarter and 8.1% for the next.
Volume
Today’s last reported volume for Arrow Financial Corporation is 38582 which is 3.53% above its average volume of 37266.
5. Main Street Capital Corporation (MAIN)
7.4% sales growth and 19.45% return on equity
Main Street Capital Corporation is a principal investment firm that primarily provides equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Earnings Per Share
As for profitability, Main Street Capital Corporation has a trailing twelve months EPS of $5.49.
PE Ratio
Main Street Capital Corporation has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing $8.99 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 19.45%.
Yearly Top and Bottom Value
Main Street Capital Corporation’s stock is valued at $49.34 at 16:22 EST, below its 52-week high of $51.10 and way above its 52-week low of $37.70.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 3.8% and positive 2% for the next.
Volume
Today’s last reported volume for Main Street Capital Corporation is 295479 which is 17.39% below its average volume of 357717.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.4%, now sitting on 511.74M for the twelve trailing months.
