(VIANEWS) – Tri Pointe Homes (TPH), Universal Stainless & Alloy Products (USAP), Fabrinet Ordinary Shares (FN) 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. Tri Pointe Homes (TPH)
31.3% sales growth and 12.59% return on equity
Tri Pointe Homes, Inc. engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia. It operates active selling communities, and owned or controlled lots. The company sells its homes through own sales representatives and independent real estate brokers. It provides financial services, such as mortgage financing, title and escrow, and property and casualty insurance agency services. The company was formerly known as TRI Pointe Group, Inc. and changed its name to Tri Pointe Homes, Inc. in January 2021. Tri Pointe Homes, Inc. was founded in 2009 and is based in Incline Village, Nevada.
Earnings Per Share
As for profitability, Tri Pointe Homes has a trailing twelve months EPS of $3.75.
PE Ratio
Tri Pointe Homes has a trailing twelve months price to earnings ratio of 12.42. Meaning, the purchaser of the share is investing $12.42 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 12.59%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.5%, now sitting on 3.87B for the twelve trailing months.
Volume
Today’s last reported volume for Tri Pointe Homes is 866686 which is 4.67% above its average volume of 827977.
2. Universal Stainless & Alloy Products (USAP)
16.6% sales growth and 4.25% return on equity
Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. The company offers semi-finished and finished long products in the form of ingots, blooms, billets, and bars; flat rolled products, such as slabs and plates; and customized shapes primarily for original equipment manufacturers (OEMs), which are cold rolled from purchased coiled strip, flat bar, or extruded bar. Its semi-finished long products are primarily used to produce rods; and finished bar products that are principally used by OEMs and by service center customers for distribution to various end users. The company also offers conversion services on materials supplied by its customers. Its products are used in aerospace, power generation, oil and gas, heavy equipment, general, and automotive industries, as well as in the manufacturing of equipment for food handling, health and medical, chemical processing, and pollution control; and manufacturing of metals, plastics, paper and aluminum extrusions, pharmaceuticals, electronics, and optics. The company sells its products to service centers, forgers, rerollers, and OEMs. Universal Stainless & Alloy Products, Inc. was founded in 1994 and is headquartered in Bridgeville, Pennsylvania.
Earnings Per Share
As for profitability, Universal Stainless & Alloy Products has a trailing twelve months EPS of $1.02.
PE Ratio
Universal Stainless & Alloy Products has a trailing twelve months price to earnings ratio of 32.26. Meaning, the purchaser of the share is investing $32.26 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 4.25%.
3. Fabrinet Ordinary Shares (FN)
13.7% sales growth and 17.79% return on equity
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
Earnings Per Share
As for profitability, Fabrinet Ordinary Shares has a trailing twelve months EPS of $7.54.
PE Ratio
Fabrinet Ordinary Shares has a trailing twelve months price to earnings ratio of 31.33. Meaning, the purchaser of the share is investing $31.33 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 17.79%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 20.4% and 13%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10%, now sitting on 2.79B for the twelve trailing months.
4. Badger Meter (BMI)
12.7% sales growth and 21.73% return on equity
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Badger Meter has a trailing twelve months EPS of $3.83.
PE Ratio
Badger Meter has a trailing twelve months price to earnings ratio of 49.42. Meaning, the purchaser of the share is investing $49.42 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 21.73%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 23, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 0.57%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 27.3% and 28.6%, respectively.
Volume
Today’s last reported volume for Badger Meter is 136933 which is 20.73% below its average volume of 172750.
Yearly Top and Bottom Value
Badger Meter’s stock is valued at $189.28 at 06:22 EST, below its 52-week high of $210.30 and way higher than its 52-week low of $134.06.
5. Artesian Resources Corporation (ARTNA)
11.5% sales growth and 8.27% return on equity
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Earnings Per Share
As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.71.
PE Ratio
Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 23.15. Meaning, the purchaser of the share is investing $23.15 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 8.27%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 1.18 and the estimated forward annual dividend yield is 2.99%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 22.7% and 32.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 100.91M for the twelve trailing months.
6. NV5 Global (NVEE)
5.4% sales growth and 5.2% return on equity
NV5 Global, Inc. provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, utility services, construction, real estate, and environmental markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions. The company offers site selection and planning, design, water resources, transportation, structural engineering, land development, surveying, power delivery, building code compliance, and other services; and construction materials testing and engineering, geotechnical engineering and consulting, and forensic consulting services. It also provides governmental outsourcing and consulting, and technical outsourcing services; and geospatial data analytic and mapping services. In addition, the company offers mechanical, electrical, and plumbing design; commissioning; energy performance, management, and optimization; building program management; acoustical design consulting; and audiovisual–security and surveillance–information technology–data center services, as well as energy services. Further, it provides various services, such as investigating and analyzing environmental conditions, and recommending corrective measures and procedures; occupational health and safety services; radiation exposure and protection, and nuclear safety and industrial hygiene analyses services; hydrogeological modeling and environmental programs; water resource planning, monitoring, and environmental management of wastewater facilities; solid waste landfill investigations; permitting and compliance; storm water pollution; environmental impact statement support; agricultural waste management and permitting; and wetland evaluations. The company was formerly known as NV5 Holdings, Inc. and changed its name to NV5 Global, Inc. in December 2015. NV5 Global, Inc. was founded in 1949 and is headquartered in Hollywood, Florida.
Earnings Per Share
As for profitability, NV5 Global has a trailing twelve months EPS of $2.52.
PE Ratio
NV5 Global has a trailing twelve months price to earnings ratio of 41.12. Meaning, the purchaser of the share is investing $41.12 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 5.2%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.7%, now sitting on 890.72M for the twelve trailing months.
Volume
Today’s last reported volume for NV5 Global is 51493 which is 34.89% below its average volume of 79093.
Moving Average
NV5 Global’s value is above its 50-day moving average of $94.32 and higher than its 200-day moving average of $99.24.
Sales Growth
NV5 Global’s sales growth for the next quarter is 5.4%.
