(VIANEWS) - Coastal Financial Corporation (CCB), Churchill Downs (CHDN), ProLogis (PLD) 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)
65.2% sales growth and 16.34% 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 checking accounts, demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, 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 loans, as well as secured term loans. It also provides remote deposit capture, online banking, mobile banking, and direct and reciprocal deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services. It operates 15 full-service banking locations. 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 $1.51.
PE Ratio
Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 29.91. Meaning, the purchaser of the share is investing $29.91 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%.2. Churchill Downs (CHDN)
43.5% sales growth and 101.25% return on equity
Churchill Downs Incorporated is an American racing and online betting company. The company operates in three areas: Live and Historical Racing; TwinSpires and Gaming. The company operated, as of December 31, 2020, three pari-mutuel entertainment venues that featured approximately 3000 historical racing machines in Kentucky. TwinSpires was an online betting platform that allows horse racing and sports wagering. Nine retail sportsbooks were also available. There is casino gaming in eight other states, with over 11,000 slots and video lottery terminals and 200 table games. The company also provides streaming video, replays and a variety of horse racing information. The company also manufactures and manages pari-mutuel betting systems for racetracks as well as off-track wagering facilities. Churchill Downs Incorporated is located in Louisville, Kentucky. It was established in 1875.
Earnings Per Share
As for profitability, Churchill Downs has a trailing twelve months EPS of $12.48.
PE Ratio
Churchill Downs has a trailing twelve months price to earnings ratio of 16.94. Meaning, the purchaser of the share is investing $16.94 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 101.25%.Moving Average
Churchill Downs's value is under its 50-day moving average of $214.52 and above its 200-day moving average of $205.77.Sales Growth
Churchill Downs's sales growth is 30.6% for the present quarter and 43.5% for the next.
Yearly Top and Bottom Value
Churchill Downs's stock is valued at $211.43 at 05:22 EST, way below its 52-week high of $249.33 and way above its 52-week low of $172.75.
3. ProLogis (PLD)
33.1% sales growth and 11.1% return on equity
Prologis, Inc., is the world's leader in logistics real property with a special focus on high growth, high-barrier markets. The company had invested in or owned properties or development projects in 19 countries, either on its own or as co-investment. Prologis leases logistics infrastructure to approximately 5,500 clients, primarily in two main categories: business-to–business and retail/online fulfillment.
Earnings per Share
ProLogis' trailing twelve-month EPS is $1.82.
PE Ratio
ProLogis' trailing 12-month price-earnings ratio is 64.01. This means that the purchase price of the shares is $64.01 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 business, was 11.1%.4. ON Semiconductor (ON)
13.5% sales growth and 37.43% return on equity
ON Semiconductor Corporation offers intelligent power and sensing solutions around the world. Intelligent power technologies from ON Semiconductor Corporation enable electrification in the automotive industry. They allow for lighter, longer-ranged electric cars, fast charging systems and sustainable energy for solar strings, industrial power and storage. It operates in three segments: the Power Solutions Group and Advanced Solutions Groups, as well as the Intelligent Sensing Group. The company offers integrated, analog, discrete and module semiconductor products. These include power switching, conversion, signal conditioning and circuit protection. It also develops mixed-signal, analog, integrated power solutions, ASICs and radio frequency products for end-users. Government customers can get foundry services and custom design. It also develops image signal processors and complementary metal oxide semiconductor photo sensors. ON Semiconductor Corporation, based in Phoenix Arizona was founded in 1992.
Earnings per Share
ON Semiconductor's trailing twelve-month EPS is $0.79.
PE Ratio
ON Semiconductor's trailing 12-month price-earnings ratio is 82.28. The purchaser of the shares is therefore investing $82.28 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 37.43%.5. Eaton Corporation (ETN)
11% sales growth and 14.53% return on equity
Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, valves, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; and wiring connectors and cables, as well as hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications. The company's Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry. Its eMobility segment provides voltage inverters, converters, fuses, onboard chargers, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, Eaton Corporation has a trailing twelve months EPS of $3.49.
PE Ratio
Eaton Corporation has a trailing twelve months price to earnings ratio of 46.15. Meaning, the purchaser of the share is investing $46.15 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 14.53%.6. AudioCodes Ltd. (AUDC)
10.6% sales growth and 14.74% return on equity
AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.
Earnings per Share
AudioCodes Ltd.'s trailing twelve-month EPS is $0.86.
PE Ratio
AudioCodes Ltd.'s trailing 12 months earnings to price ratio is 20.8 The purchaser of the shares is therefore investing $20.8 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 business, was 14.74%.7. CBOE Holdings (CBOE)
9.8% sales growth and 7.1% return on equity
Cboe Global Markets, Inc., via its affiliates, acts as an international options exchange. The company operates in five different segments, including Options, North American Equities and Futures, Europe, Asia Pacific and Global FX. Options trades in listed market indexes. North American Equities trades in U.S. and Canadian listed equities. The segment offers ETP transaction services and exchange-traded product (ETP) listing services. Futures trades in futures. Europe and Asia Pacific offer pan-European-listed equities, derivatives transaction service, ETPs and exchange-traded commodities as well as international depository receipts and ETP listing and clearing services. Global FX provides services for institutional forex (FX) transactions and forward FX trading that are not deliverable. S&P Dow Jones Indices, LLC, FTSE International Limited, Frank Russell Company, MSCI Inc., and DJI Opco, LLC are some of the strategic partners. CBOE Holdings, Inc. was the company's former name. In October 2017, Cboe Global Markets, Inc. took over. Cboe Global Markets, Inc. is an American company that was established in 1973. Its headquarters are in Chicago, Illinois.
Earnings Per Share
As for profitability, CBOE Holdings has a trailing twelve months EPS of $2.24.
PE Ratio
CBOE Holdings has a trailing twelve months price to earnings ratio of 56.01. Meaning, the purchaser of the share is investing $56.01 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 7.1%.Earnings before Interest, Taxes and Depreciation
CBOE Holdings EBITDA stands at 49.31
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 28, 2022, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 1.59%.
Annual Top and Bottom Value
CBOE Holdings stock was valued at $125.47 EST at 05.23 EST. This is below its 52 week high of $130.54, and well above its 52 week low of $103.82.
8. Gladstone Investment Corporation (GAIN)
5.6% sales growth and 9.55% return on equity
Gladstone Investment Corporation, which is a business development firm, specializes on lower-middle market, mature stage buyouts, refinancing existing loans, senior debt securities like senior loans, senior terms loans, lines and credit and senior notes. It also offers senior subordinated securities, such as senior loan and senior note; and junior subordinated securities, such as mezzanine and subordinated bonds. This fund doesn't invest in new start-ups. It invests in the manufacturing, consumer goods and business/consumer service sectors. The fund invests in American-based small and medium-sized businesses. It prefers debt investments of between $5 million to $30 million, and equity investments of between $10 million to $40 million. Funds that have revenues between $20 million to $100 million are eligible for investment. It invests in businesses with EBITDA between $3 million and $20 million. The fund seeks minority ownership of its portfolio companies and would prefer to be a member of the board. The fund prefers to own a majority of its portfolio companies. The funds typically hold the investments for 7 years. Exit options include sale, recapitalization, initial publicly offering or sale to a third party.
Earnings per Share
Gladstone Investment Corporation's trailing 12 months EPS is $1.26.
PE Ratio
Gladstone Investment Corporation's trailing 12-month price-to-earnings ratio is 10.25. The purchaser of the shares is therefore investing $10.25 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is the measure of profitability relative to shareholders' equity, was 9.55%.Volume
Gladstone Investment Corporation's current reported volume is 108367, which is 20.13% lower than its average volume 135690.
Sales Growth
Gladstone Investment Corporation's sales growth is 19.4% for the current quarter and 5.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.2%, now sitting on 76.08M for the twelve trailing months.
Annual Top and Bottom Value
Gladstone Investment Corporation stock was valued at $12.91 as of 05/23 EST. This is lower than its 52 week high of $17.12 but higher than its low 52-week of $11.40.