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First Busey Corporation And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – First Busey Corporation (BUSE), Eldorado Gold Corporation Ordinary Shares (EGO), Navios Maritime Partners LP (NMM) 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. First Busey Corporation (BUSE)

29.2% sales growth and 8.68% return on equity

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

Earnings Per Share

As for profitability, First Busey Corporation has a trailing twelve months EPS of $1.94.

PE Ratio

First Busey Corporation has a trailing twelve months price to earnings ratio of 12.68. Meaning, the purchaser of the share is investing $12.68 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 8.68%.

Moving Average

First Busey Corporation’s value is above its 50-day moving average of $24.48 and above its 200-day moving average of $23.32.

2. Eldorado Gold Corporation Ordinary Shares (EGO)

23.1% sales growth and 4.99% return on equity

Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It operates five mines: Kisladag and Efemcukuru located in western Turkey, Lamaque in Canada, and Olympias and Stratoni located in northern Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.

Earnings Per Share

As for profitability, Eldorado Gold Corporation Ordinary Shares has a trailing twelve months EPS of $0.88.

PE Ratio

Eldorado Gold Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 17.59. Meaning, the purchaser of the share is investing $17.59 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 4.99%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 29.8%, now sitting on 1.11B for the twelve trailing months.

Sales Growth

Eldorado Gold Corporation Ordinary Shares’s sales growth is 46.5% for the present quarter and 23.1% for the next.

Volume

Today’s last reported volume for Eldorado Gold Corporation Ordinary Shares is 1465220 which is 5.17% above its average volume of 1393170.

Moving Average

Eldorado Gold Corporation Ordinary Shares’s worth is under its 50-day moving average of $15.80 and way higher than its 200-day moving average of $13.54.

3. Navios Maritime Partners LP (NMM)

16.7% sales growth and 15.44% return on equity

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.

Earnings Per Share

As for profitability, Navios Maritime Partners LP has a trailing twelve months EPS of $13.24.

PE Ratio

Navios Maritime Partners LP has a trailing twelve months price to earnings ratio of 3.35. Meaning, the purchaser of the share is investing $3.35 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 15.44%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 14.5% and positive 54.9% for the next.

Sales Growth

Navios Maritime Partners LP’s sales growth for the next quarter is 16.7%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 9, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.45%.

4. Reinsurance Group of America (RGA)

8.8% sales growth and 9.76% 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 $12.87.

PE Ratio

Reinsurance Group of America has a trailing twelve months price to earnings ratio of 15.8. Meaning, the purchaser of the share is investing $15.8 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 9.76%.

Volume

Today’s last reported volume for Reinsurance Group of America is 456519 which is 13.89% above its average volume of 400840.

5. Regency Centers Corporation (REG)

7.9% sales growth and 6.13% return on equity

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

Earnings Per Share

As for profitability, Regency Centers Corporation has a trailing twelve months EPS of $2.08.

PE Ratio

Regency Centers Corporation has a trailing twelve months price to earnings ratio of 33.79. Meaning, the purchaser of the share is investing $33.79 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 6.13%.

Sales Growth

Regency Centers Corporation’s sales growth for the next quarter is 7.9%.

6. Ituran Location and Control Ltd. (ITRN)

6.4% sales growth and 30.5% return on equity

Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment. This segment also delivers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. The Telematics Products segment offers Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. Ituran Location and Control Ltd. was incorporated in 1994 and is headquartered in Azor, Israel.

Earnings Per Share

As for profitability, Ituran Location and Control Ltd. has a trailing twelve months EPS of $2.51.

PE Ratio

Ituran Location and Control Ltd. has a trailing twelve months price to earnings ratio of 10.55. Meaning, the purchaser of the share is investing $10.55 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 30.5%.

Moving Average

Ituran Location and Control Ltd.’s worth is above its 50-day moving average of $26.02 and above its 200-day moving average of $26.27.

Yearly Top and Bottom Value

Ituran Location and Control Ltd.’s stock is valued at $26.49 at 20:22 EST, way below its 52-week high of $31.01 and way above its 52-week low of $24.01.

Volume

Today’s last reported volume for Ituran Location and Control Ltd. is 34262 which is 18.45% below its average volume of 42016.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 5.89%.

7. CONMED Corporation (CNMD)

5.6% sales growth and 11.86% return on equity

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures worldwide. It offers orthopedic surgery products, including sports medicine products comprising powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, and metal and bioabsorbable implants, as well as related disposable products and fluid management systems; powered surgical instruments for use in bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries; sports biologics and tissue products; and surgical visualization products. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including diagnostic and therapeutic products for use in gastroenterology procedures, and products for the treatment of diseases of the biliary structures, as well as cardiac monitoring products comprising ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.

Earnings Per Share

As for profitability, CONMED Corporation has a trailing twelve months EPS of $3.14.

PE Ratio

CONMED Corporation has a trailing twelve months price to earnings ratio of 21.03. Meaning, the purchaser of the share is investing $21.03 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 11.86%.

Moving Average

CONMED Corporation’s value is below its 50-day moving average of $70.15 and way under its 200-day moving average of $85.00.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 10% and 15.1%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 1.28B for the twelve trailing months.

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