(VIANEWS) - Associated Banc (ASB), Jiayin Group (JFIN), Northwest Bancshares (NWBI) 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. Associated Banc (ASB)
31.2% sales growth and 8.41% return on equity
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers savings, money market deposit accounts, IRA accounts, and certificates of deposit; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging; administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; fixed and variable annuities, full-service, and discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit. As of December 31, 2020, the company operated 228 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Earnings Per Share
As for profitability, Associated Banc has a trailing twelve months EPS of $2.14.
PE Ratio
Associated Banc has a trailing twelve months price to earnings ratio of 10.82. Meaning, the purchaser of the share is investing $10.82 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 8.41%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 3.63%.
Sales Growth
Associated Banc's sales growth is 29% for the ongoing quarter and 31.2% for the next.
Volume
Today's last reported volume for Associated Banc is 927037 which is 29.86% below its average volume of 1321700.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.8%, now sitting on 1.14B for the twelve trailing months.
2. Jiayin Group (JFIN)
26.3% sales growth and 259.74% return on equity
Jiayin Group Inc. operates as an online individual finance platform that connects individual investors and individual borrowers in China. It operates a secure and open platform that facilitates transparent, secure, and fast connections between investors and borrowers. The company was founded in 2011 and is based in Shanghai, the People's Republic of China.
Earnings per Share
Jiayin Group's trailing 12 months profit per share is $2.06.
PE Ratio
Jiayin Group's trailing 12-month price-to-earnings ratio is 1.02. This means that the buyer of the shares is investing $1.02 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 259.74%.Yearly Top and Bottom Value
Jiayin Group's stock is valued at $2.10 at 10:22 EST, way below its 52-week high of $3.19 and way higher than its 52-week low of $1.57.
3. Northwest Bancshares (NWBI)
25.9% sales growth and 8.54% return on equity
Northwest Bancshares, Inc. is a holding company of Northwest Bank. It offers a variety of personal and business banking services. It accepts deposits of all types, including checking, savings and money market deposit. The company offers a range of loan products, including residential, one-to four-family, residential, and multi-family commercial real estate loans. It also has residential mortgage loans. Home equity lines and home loans. It also provides trust and investment services, employee benefits and property-and-casualty insurance. As of December 31, 2020 it had 170 community banks in eastern Ohio, New York, West Pennsylvania and Western New York. Northwest Bancshares, Inc. is located in Warren, Pennsylvania.
Earnings per Share
Northwest Bancshares' trailing twelve-month EPS is $1.02.
PE Ratio
Northwest Bancshares' trailing 12-month price-to-earnings ratio is 13.41. The purchaser of the shares is therefore investing $13.41 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 8.54%.Annual Top and Bottom Value
At 10:22 EST, Northwest Bancshares' stock was valued at $13.68. This is way below its 52-week peak of $15.35 but well above its 52 week low of $12.04.
Sales Growth
Northwest Bancshares has seen a 19.7% increase in sales for its current quarter, and a 25.9% growth for the next.
4. Salisbury Bancorp (SAL)
12.6% sales growth and 12.38% return on equity
Salisbury Bancorp, Inc. is the bank holding firm for Salisbury Bank and Trust Company. It provides retail banking, commercial banking, and trust and wealth advice services. The company offers a variety of commercial and retail deposit products. It also offers loans such as commercial and residential real estate loans, construction loans, working capital loans, equipment loans, and consumer loans. These include home equity loans and lines credit, collateral loans, auto and personal installment loans. It also offers fiduciary services such as trust and estate administration and wealth advisory. Additionally, the company provides investment management services for individuals, families and businesses. The company also offers additional services to depositors, such as landlord/tenant lease secure accounts, services and payroll, ATM services and bank-by-phone, ATM services and bank-by-phone, Internet banking and bill pay services. Person to person payments are possible, as is bank to bank transfer, remote deposit and mobile banking. It also provides cash management and account aggregation, ACH origination and wire transfers. The company operates via a network that includes 14 banks offices and 10 ATMs in Litchfield County (Connecticut); Dutchess Orange and Ulster Counties (New York); and Berkshire County (Massachusetts). It was established in Lakeville in Connecticut in 1848.
Earnings per Share
Salisbury Bancorp's trailing 12 months profit per share was $2.74
PE Ratio
Salisbury Bancorp's trailing 12-month price-to-earnings ratio is 10.86. The purchaser of the shares is therefore investing $10.86 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 12.38%.Yearly Top and Bottom Value
Salisbury Bancorp's stock is valued at $29.75 at 10:22 EST, under its 52-week high of $32.79 and way higher than its 52-week low of $22.50.
Moving Average
Salisbury Bancorp's worth is higher than its 50-day moving average of $27.77 and way above its 200-day moving average of $25.88.Sales Growth
Salisbury Bancorp saw a 9.1% increase in sales for its current quarter, and 12.6% the following.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.8%, now sitting on 53.4M for the twelve trailing months.
5. Surgery Partners (SGRY)
11.8% sales growth and 4.95% return on equity
Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The company's surgical hospitals also provide ancillary services, such as diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care; and ancillary services, which consist of multi-specialty physician practices, urgent care facilities, and anesthesia services. As of December 31, 2021, it owned or operated a portfolio of 126 surgical facilities, including 108 ambulatory surgical centers and 18 surgical hospitals in 31 states. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.
Earnings per Share
Surgery Partners' trailing 12 months profit per share was $-0.47.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 4.95%.6. Infosys Limited (INFY)
8.9% sales growth and 30.66% return on equity
Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Infosys Nia, an artificial intelligence platform; Infosys McCamish - an insurance platform; Wingspan, a customizable learning platform; Stater mortgage servicing platform; Panaya automation suite; and Skava, an e-commerce suite. The company serves clients in the financial services and insurance, life sciences and healthcare, manufacturing, retail, consumer packaged goods and logistics, hi-tech, communications, telecom OEM, media, energy, utilities, resources, services, and other industries. It has collaboration agreements with Rolls-Royce, BP plc, Newmont Corporation, RXR Realty, Majesco Limited, and Centre for Accessibility Australia; and a strategic partnership with The Economist Group Limited to enable and enhance sustainability solutions through a business-to-business model. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.
Earnings per Share
Infosys Limited's trailing twelve-month EPS is $0.61.
PE Ratio
Infosys Limited's trailing 12 months earnings to price ratio is 29.18. The purchaser of the shares is therefore investing $29.18 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a company, was 30.66%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 5.6% and 5.6% respectively.Yearly Top and Bottom Value
Infosys Limited's stock is valued at $17.80 at 10:22 EST, way below its 52-week high of $26.39 and above its 52-week low of $16.39.
7. J.M. Smucker Company (SJM)
6.8% sales growth and 6.94% return on equity
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking ingredient. It provides its products under the Folgers, Café Bustelo, Dunkin' Donuts, 1850, Jif, Smucker's, Crisco, Smucker's Uncrustables, Meow Mix, Kibbles ‘n Bits, 9Lives, Nature's Recipe, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish, Natural Balance, Robin Hood, and Five Roses brands. The company sells its products through direct sales and brokers to food retailers and wholesalers, club stores, pet specialty stores, discount and dollar stores, drug stores, military commissaries, mass merchandisers, natural foods stores and distributors, and online retailers; and through retail channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
Earnings per Share
J.M. Smucker Company's trailing 12-month EPS is $5.33
PE Ratio
J.M. Smucker Company's trailing 12-month price-to-earnings ratio is 29.02. The purchaser of the shares is therefore investing $29.02 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 6.94%.Moving Average
J.M. Smucker Company's market value is greater than its 50-day average of $146.53 or its 200-day average of $137.35.Yearly Top and Bottom Value
J.M. Smucker Company's stock is valued at $154.68 at 10:22 EST, below its 52-week high of $156.78 and way above its 52-week low of $119.82.
Revenue growth
The year-on-year revenue growth was 7.6%. We now have 8.17B in the 12 trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 4.08 and the estimated forward annual dividend yield is 2.64%.
8. Verra Mobility Corporation (VRRM)
5.8% sales growth and 38% return on equity
Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through two segments, Government Solutions and Commercial Services. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration solutions to rental car companies, fleet management companies, and other large fleet owners. The company is headquartered in Mesa, Arizona.
Earnings Per Share
As for profitability, Verra Mobility Corporation has a trailing twelve months EPS of $0.5.
PE Ratio
Verra Mobility Corporation has a trailing twelve months price to earnings ratio of 30.2. Meaning, the purchaser of the share is investing $30.2 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%.Volume
Verra Mobility Corporation's current reported volume is 864605, which is 47.22% less than its average volume (1638290).