Coastal Financial Corporation And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Coastal Financial Corporation (CCB), Badger Meter (BMI), Allegheny Technologies Incorporated (ATI) 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. Coastal Financial Corporation (CCB)

35.2% sales growth and 12.79% return on equity

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, small business administration loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service, a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Earnings Per Share

As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $2.75.

PE Ratio

Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 18.75. Meaning, the purchaser of the share is investing $18.75 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 12.79%.

2. Badger Meter (BMI)

12.3% 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 56.46. Meaning, the purchaser of the share is investing $56.46 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%.

Yearly Top and Bottom Value

Badger Meter’s stock is valued at $216.24 at 11:22 EST, below its 52-week high of $220.25 and way above its 52-week low of $134.06.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 25% and 27.4%, respectively.

Moving Average

Badger Meter’s worth is higher than its 50-day moving average of $202.48 and way above its 200-day moving average of $177.42.

Previous days news about Badger Meter(BMI)

  • Badger meter rallies 17% in three months: how to play the stock?. According to Zacks on Thursday, 3 October, "Headquartered in Milwaukee, WI, Badger Meter is a leading water solutions provider, including flow measurement, quality and other system parameters."

3. Allegheny Technologies Incorporated (ATI)

12.2% sales growth and 28.61% return on equity

Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High Performance Materials & Components and Advanced Alloys & Solutions. The company produces high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts to the aerospace and defense, medical, oil and gas, and electrical energy markets. It also provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, and precision rolled strip products to various markets, such as chemical and hydrocarbon processing,. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, Allegheny Technologies Incorporated has a trailing twelve months EPS of $2.65.

PE Ratio

Allegheny Technologies Incorporated has a trailing twelve months price to earnings ratio of 25.01. Meaning, the purchaser of the share is investing $25.01 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 28.61%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 4.23B for the twelve trailing months.

4. Red Rock Resorts (RRR)

9.1% sales growth and 187.95% return on equity

Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms in the Las Vegas market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada.

Earnings Per Share

As for profitability, Red Rock Resorts has a trailing twelve months EPS of $2.83.

PE Ratio

Red Rock Resorts has a trailing twelve months price to earnings ratio of 19.27. Meaning, the purchaser of the share is investing $19.27 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 187.95%.

Volume

Today’s last reported volume for Red Rock Resorts is 98467 which is 79.48% below its average volume of 480060.

5. RCM Technologies (RCMT)

7.4% sales growth and 68.79% return on equity

RCM Technologies, Inc. provides business and technology solutions in the United States, Canada, Puerto Rico, and Serbia. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design. The Specialty Health Care segment provides long-term and short-term staffing, executive search, and placement services in the fields of allied and therapy staffing, correctional healthcare staffing, health information management, nursing services, physician and advanced practice, school services, and telepractice. The Life Sciences and Information Technology segment provides enterprise business solutions, application services, infrastructure solutions, competitive advantage, life sciences solutions, and other vertical market specific solutions. The company serves aerospace and defense, energy, financial services, health care, life sciences, manufacturing and distribution, and technology industries, as well as educational institutions and the public sector. RCM Technologies, Inc. was founded in 1971 and is based in Pennsauken, New Jersey.

Earnings Per Share

As for profitability, RCM Technologies has a trailing twelve months EPS of $2.04.

PE Ratio

RCM Technologies has a trailing twelve months price to earnings ratio of 9.83. Meaning, the purchaser of the share is investing $9.83 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 68.79%.

Moving Average

RCM Technologies’s value is above its 50-day moving average of $19.34 and way below its 200-day moving average of $22.81.

6. Pyxis Tankers (PXS)

6.9% sales growth and 38.12% return on equity

Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals. As of March 31, 2022, the company operated a fleet of five tankers. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece.

Earnings Per Share

As for profitability, Pyxis Tankers has a trailing twelve months EPS of $2.73.

PE Ratio

Pyxis Tankers has a trailing twelve months price to earnings ratio of 1.87. Meaning, the purchaser of the share is investing $1.87 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 38.12%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 36.6% and positive 82.6% for the next.

Moving Average

Pyxis Tankers’s worth is higher than its 50-day moving average of $5.07 and higher than its 200-day moving average of $4.77.

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