(VIANEWS) - Middlesex Water Company (MSEX), Pool Corporation (POOL), Cadence Design Systems (CDNS) 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. Middlesex Water Company (MSEX)
14.6% sales growth and 10.66% return on equity
Middlesex Water Company operates and owns regulated water utilities and wastewater treatment plants. The company operates in Regulated as well as Non-Regulated segments. The Regulated segment treats and distributes water to retail customers and wholesale customers on a wholesale and retail basis in New Jersey, Delaware and Pennsylvania. The segment includes New Jersey's regulated wastewater system and Delaware's. Non-Regulated provides contract services that are not regulated for operation and maintenance municipal, private and wastewater systems in New Jersey or Delaware. Company was founded in 1896. It is located in Iselin in New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.24.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 39.76. Meaning, the purchaser of the share is investing $39.76 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 10.66%.Moving Average
Middlesex Water Company's value is below its 50-day moving average of $90.85 and under its 200-day moving average of $95.72.Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 149.78M for the twelve trailing months.
2. Pool Corporation (POOL)
12.2% sales growth and 74.04% return on equity
Pool Corporation sells pool equipment and supplies in the United States as well as internationally. Pool Corporation offers pool supplies and accessories, chemicals and maintenance products. It also sells parts and repair products for existing pool equipment. The company also offers building materials such as concrete, electrical and plumbing components, decorative and functional pool surfaces, decking materials and tiles. It also sells commercial products like heaters and safety equipment. The company also offers pool construction products and other recreational products. These include outdoor cooking products such as outdoor grills, and parts for outdoor kitchens. The company serves pool builders and remodelers, as well as specialty retailers who sell pool supplies, swimming pool repair and maintenance businesses, irrigation contractors, landscape maintenance and construction companies, and commercial clients that service hotels and universities. The company had 410 locations in North America and Europe as of March 3, 2022. Pool Corporation was founded in 1993. It is located in Covington in Louisiana.
Earnings Per Share
As for profitability, Pool Corporation has a trailing twelve months EPS of $10.64.
PE Ratio
Pool Corporation has a trailing twelve months price to earnings ratio of 31.07. Meaning, the purchaser of the share is investing $31.07 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 74.04%.3. Cadence Design Systems (CDNS)
12.1% sales growth and 30.15% return on equity
Cadence Design Systems, Inc. offers software, hardware, service, and reusable integrated Circuit (IC) design blocks around the world. It offers functional verification services that include emulation as well as prototyping hardware. JasperGold is a formal verification platform. Xcelium and Palladium are parallel logic simulator platforms. Protium is a prototyping platform that allows for chip verification. It also offers digital IC design services and products. These include Genus logic synthesis, Joules RTL energy solutions and Modus software to decrease systems-on-chip-design-for-test times. The company also has physical implementation tools such as place, route, optimization and multiple patterning preparation. Signoff products are used to confirm that the design is ready for silicon fabrication. It also offers simulation and custom IC designs to help create circuit schematics and representations right down to the transistor levels for analog, mixed signal, custom digital and memory designs. The company also offers intellectual property (IP), which includes pre-verified, customizable functional blocks that can be integrated into customers' ICs. It also provides verification IP and memory model to simulate and model standard industry interface protocols. It also offers technical support and maintenance, along with services in methodology and education. It serves the 5G communication, aerospace, defense, automotive and industrial markets, as well as consumer and hyperscale computing markets. Cadence Design Systems, Inc., was founded in 1987. It is located in San Jose, California.
Earnings Per Share
As for profitability, Cadence Design Systems has a trailing twelve months EPS of $2.34.
PE Ratio
Cadence Design Systems has a trailing twelve months price to earnings ratio of 72.41. Meaning, the purchaser of the share is investing $72.41 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 30.15%.4. Ford (F)
11.5% sales growth and 29.39% return on equity
Ford Motor Company manufactures, markets and supports a wide range of Ford vehicles and trucks. The company operates in three main segments, Automotive, Mobility and Ford Credit. Through distributors and dealers, the Automotive segment sells Ford or Lincoln cars, parts and accessories. Dealers also provide service to commercial fleet customers and daily rental car agencies. Governments can also use dealerships. The Mobility segment provides services for self-driving system development and design. Ford Credit primarily deals in financing and leasing of vehicles to or through dealers. The company offers retail installment sales contracts for used and new cars; direct financing leases of new vehicles for retail or commercial customers such as leasing businesses, government agencies, daily rental firms, fleet customers and other entities. The segment offers wholesale loans for dealers to finance vehicle inventory purchases; loans to dealers are available to finance working capital, enhance dealer facilities and purchase real estate. ARB Corporation Limited is a strategic partner of the company to create a range of products after-market for Ford Bronco. Ford Motor Company was founded in Dearborn in Michigan in 1903.
Earnings Per Share
As for profitability, Ford has a trailing twelve months EPS of $0.99.
PE Ratio
Ford has a trailing twelve months price to earnings ratio of 12.58. Meaning, the purchaser of the share is investing $12.58 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 29.39%.Sales Growth
Ford's sales growth for the next quarter is 11.5%.
Moving Average
Ford's worth is way below its 50-day moving average of $14.69 and way under its 200-day moving average of $16.05.Previous days news about Ford(F)
- According to MarketWatch on Monday, 3 October, "GM's stock has gained 2.5% over the past three months, while shares of rival Ford Motor Co. have tacked on 1.9% and the S&P 500 has slipped 4.2%."
5. MGP Ingredients (MGPI)
7.7% sales growth and 18.21% return on equity
MGP Ingredients, Inc., along with its affiliates, produce and supply distilled spirits, specialty wheat proteins, starch food ingredient, as well as other products and services. The company operates in two segments: Distillery Products, and Ingredient Solutions. Distillery products are food-grade alcohol that can be used in beverages. This includes bourbon, rye, vodka, and grain neutral spirits like gin. Food grade industrial alcohol is also available. It's used to make food, personal care, cleaning products, pharmaceuticals and other products. The segment provides gasoline-grade alcohol, distillers feed, corn oil, distillers feed, warehouse services (barrel put away, storage and retrieval, as well as blended services), and fuel grade alcohol. Ingredient Solutions provides specialty starches for food purposes under the Fibersym Resistant Starch and FiberRite W Resistant Starch and Pregel Instant Starch names. It also offers specialty wheat protein for food applications using the Arise or Proterra names. It sells products either directly to processors or bakeries of packaged goods, primarily in America, Japan, Thailand and Mexico. MGP Ingredients, Inc., was established in Atchison, Kansas, in 1941.
Earnings Per Share
As for profitability, MGP Ingredients has a trailing twelve months EPS of $5.37.
PE Ratio
MGP Ingredients has a trailing twelve months price to earnings ratio of 20.8. Meaning, the purchaser of the share is investing $20.8 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 18.21%.