(VIANEWS) – Star Bulk Carriers Corp. (SBLK), OGE Energy Corporation (OGE), Titan International (TWI) 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. Star Bulk Carriers Corp. (SBLK)
34.8% sales growth and 11.87% return on equity
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Earnings Per Share
As for profitability, Star Bulk Carriers Corp. has a trailing twelve months EPS of $2.7.
PE Ratio
Star Bulk Carriers Corp. has a trailing twelve months price to earnings ratio of 8.13. Meaning, the purchaser of the share is investing $8.13 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 11.87%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 191.2% and 79.5%, respectively.
Yearly Top and Bottom Value
Star Bulk Carriers Corp.’s stock is valued at $21.95 at 20:22 EST, way under its 52-week high of $27.47 and way above its 52-week low of $17.91.
Sales Growth
Star Bulk Carriers Corp.’s sales growth for the next quarter is 34.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 47.8%, now sitting on 1.1B for the twelve trailing months.
2. OGE Energy Corporation (OGE)
23.1% sales growth and 9.28% return on equity
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $2.04.
PE Ratio
OGE Energy Corporation has a trailing twelve months price to earnings ratio of 20.17. Meaning, the purchaser of the share is investing $20.17 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 9.28%.
Volume
Today’s last reported volume for OGE Energy Corporation is 1002340 which is 5.39% above its average volume of 950990.
3. Titan International (TWI)
20% sales growth and 5.97% return on equity
Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The company also offers wheels, tires, and undercarriage systems and components for off-the-road earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. In addition, it provides bias and light truck tires; and products for ATVs, rock climbers, and turf applications, as well as specialty products and train brakes. It sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and its distribution centers. Titan International, Inc. was founded in 1890 and is headquartered in West Chicago, Illinois.
Earnings Per Share
As for profitability, Titan International has a trailing twelve months EPS of $0.43.
PE Ratio
Titan International has a trailing twelve months price to earnings ratio of 16.95. Meaning, the purchaser of the share is investing $16.95 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 5.97%.
4. Western Gas Partners, LP Limited Partner Interests (WES)
12.7% sales growth and 48.21% return on equity
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $3.87.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 10.01. Meaning, the purchaser of the share is investing $10.01 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 48.21%.
5. OFS Credit Company (OCCI)
12.2% sales growth and 10.34% return on equity
OFS Credit Company, Inc. is a fund of OFS Advisor.
Earnings Per Share
As for profitability, OFS Credit Company has a trailing twelve months EPS of $0.68.
PE Ratio
OFS Credit Company has a trailing twelve months price to earnings ratio of 10.96. Meaning, the purchaser of the share is investing $10.96 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 10.34%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 33.04M for the twelve trailing months.
Sales Growth
OFS Credit Company’s sales growth is negative 11.5% for the present quarter and 12.2% for the next.
Volume
Today’s last reported volume for OFS Credit Company is 148150 which is 39.18% below its average volume of 243623.
Yearly Top and Bottom Value
OFS Credit Company’s stock is valued at $7.45 at 20:22 EST, under its 52-week high of $7.81 and way above its 52-week low of $5.47.
6. First Community Corporation (FCCO)
10.7% sales growth and 8.39% return on equity
First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that include secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides online banking, internet banking, cash management, safe deposit boxes, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.
Earnings Per Share
As for profitability, First Community Corporation has a trailing twelve months EPS of $1.42.
PE Ratio
First Community Corporation has a trailing twelve months price to earnings ratio of 14.72. Meaning, the purchaser of the share is investing $14.72 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 8.39%.
Yearly Top and Bottom Value
First Community Corporation’s stock is valued at $20.90 at 20:22 EST, way below its 52-week high of $23.30 and way higher than its 52-week low of $15.40.
7. Iron Mountain Incorporated (IRM)
10.5% sales growth and 81.13% return on equity
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $0.78.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 161.23. Meaning, the purchaser of the share is investing $161.23 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 81.13%.
8. Covenant Logistics Group (CVLG)
7.8% sales growth and 10.48% return on equity
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. This segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Earnings Per Share
As for profitability, Covenant Logistics Group has a trailing twelve months EPS of $3.11.
PE Ratio
Covenant Logistics Group has a trailing twelve months price to earnings ratio of 17.02. Meaning, the purchaser of the share is investing $17.02 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 10.48%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 4.4% and positive 0.9% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 6, 2024, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 0.86%.
