(VIANEWS) – SM Energy Company (SM), Alamos Gold (AGI), ESCO Technologies (ESE) 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. SM Energy Company (SM)
51.1% sales growth and 22.71% return on equity
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, SM Energy Company has a trailing twelve months EPS of $6.92.
PE Ratio
SM Energy Company has a trailing twelve months price to earnings ratio of 6.23. Meaning, the purchaser of the share is investing $6.23 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 22.71%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 19, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 1.67%.
Volume
Today’s last reported volume for SM Energy Company is 1844370 which is 9.66% below its average volume of 2041740.
Sales Growth
SM Energy Company’s sales growth is 8.1% for the present quarter and 51.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.9% and 61%, respectively.
2. Alamos Gold (AGI)
33.6% sales growth and 6.72% return on equity
Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company was incorporated in 2003 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Alamos Gold has a trailing twelve months EPS of $0.5.
PE Ratio
Alamos Gold has a trailing twelve months price to earnings ratio of 34.62. Meaning, the purchaser of the share is investing $34.62 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 6.72%.
Sales Growth
Alamos Gold’s sales growth is 32.2% for the present quarter and 33.6% for the next.
3. ESCO Technologies (ESE)
7.7% sales growth and 8.75% return on equity
ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines. It also designs, develops, and manufactures elastomeric-based signature reduction solutions for U.S. naval vessels; and mission-critical bushings, pins, sleeves, and precision-tolerance machined components for landing gear, rotor heads, engine mounts, flight controls, and actuation systems for the aerospace and defense industries. The Utility Solutions Group segment provides diagnostic testing solutions that enable electric power grid operators to assess the integrity of high-voltage power delivery equipment; and decision support tools for the renewable energy industry, primarily wind and solar. The RF Shielding and Test segment designs and manufactures RF test and secure communication facilities, acoustic test enclosures, RF and magnetically shielded rooms, RF measurement systems, and broadcast and recording studios; and RF absorptive materials and filters, active compensation systems, antennas, antenna masts, turntables, electric and magnetic probes, RF test cells, proprietary measurement software, and other test accessories to perform various tests. It also provides services, such as calibration for antennas and field probes, chamber certification, field surveys, customer training, and various product tests. The company distributes its products through a network of distributors, sales representatives, direct sales teams, and in-house sales personnel. The company was incorporated in 1990 and is based in St. Louis, Missouri.
Earnings Per Share
As for profitability, ESCO Technologies has a trailing twelve months EPS of $3.81.
PE Ratio
ESCO Technologies has a trailing twelve months price to earnings ratio of 29.45. Meaning, the purchaser of the share is investing $29.45 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 8.75%.
Volume
Today’s last reported volume for ESCO Technologies is 153375 which is 12.36% above its average volume of 136495.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 3, 2024, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 0.28%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 10.1% and 18.4%, respectively.
Sales Growth
ESCO Technologies’s sales growth for the next quarter is 7.7%.
4. Independent Bank Corporation (IBCP)
7% sales growth and 16.34% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $3.12.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 10.18. Meaning, the purchaser of the share is investing $10.18 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 16.34%.
