(VIANEWS) – Banco Latinoamericano de Comercio Exterior, S.A. (BLX), Universal Display Corporation (OLED), Asbury Automotive Group (ABG) 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. Banco Latinoamericano de Comercio Exterior, S.A. (BLX)
22.7% sales growth and 15.47% return on equity
Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, which include term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
Earnings Per Share
As for profitability, Banco Latinoamericano de Comercio Exterior, S.A. has a trailing twelve months EPS of $4.93.
PE Ratio
Banco Latinoamericano de Comercio Exterior, S.A. has a trailing twelve months price to earnings ratio of 6.69. Meaning, the purchaser of the share is investing $6.69 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 15.47%.
2. Universal Display Corporation (OLED)
16.4% sales growth and 15.8% return on equity
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.59.
PE Ratio
Universal Display Corporation has a trailing twelve months price to earnings ratio of 49.76. Meaning, the purchaser of the share is investing $49.76 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 15.8%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.7%.
Sales Growth
Universal Display Corporation’s sales growth is 24% for the present quarter and 16.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.7%, now sitting on 611.22M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9.6% and 9.3%, respectively.
3. Asbury Automotive Group (ABG)
15.8% sales growth and 17.77% return on equity
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2019, the company owned and operated 107 new vehicle franchises representing 31 brands of automobiles at 88 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.
Earnings Per Share
As for profitability, Asbury Automotive Group has a trailing twelve months EPS of $27.58.
PE Ratio
Asbury Automotive Group has a trailing twelve months price to earnings ratio of 9.1. Meaning, the purchaser of the share is investing $9.1 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 17.77%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.3%, now sitting on 15.42B for the twelve trailing months.
Volume
Today’s last reported volume for Asbury Automotive Group is 161909 which is 10.64% below its average volume of 181202.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 14.9% and a negative 9%, respectively.
Yearly Top and Bottom Value
Asbury Automotive Group’s stock is valued at $250.91 at 16:22 EST, below its 52-week high of $259.67 and way above its 52-week low of $178.40.
4. Atlanticus Holdings Corporation (ATLC)
11% sales growth and 19.62% return on equity
Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, educational services, and home-improvements by partnering with retailers and service providers. In addition, it offers loan servicing, such as risk management and customer service outsourcing for third parties; and engages in testing and investment activities in consumer finance technology platforms. The Auto Finance segment purchases and/or services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, and used car business. This segment also provides floor plan financing and installment lending products. Further, the company invests in and services portfolios of credit card receivables. Atlanticus Holdings Corporation was founded in 1996 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Atlanticus Holdings Corporation has a trailing twelve months EPS of $4.25.
PE Ratio
Atlanticus Holdings Corporation has a trailing twelve months price to earnings ratio of 8.15. Meaning, the purchaser of the share is investing $8.15 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 19.62%.
Sales Growth
Atlanticus Holdings Corporation’s sales growth is 14.7% for the present quarter and 11% for the next.
