(VIANEWS) - MidWestOne Financial Group (MOFG), American Express (AXP), Independent Bank Corp. (INDB) 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. MidWestOne Financial Group (MOFG)
26% sales growth and 11.79% return on equity
MidWestOne Financial Group, Inc. is the bank holding firm for MidWestOne Bank. It provides retail and commercial banking services to individual, business, governmental, institutional and corporate customers. You can deposit with it, including noninterest bearing or interest-bearing demand deposits, interest checking account, savings accounts and money market accounts. Certificates of deposit and time deposits are also available. It also offers commercial, industrial, residential, and commercial real estate loans as well as credit card and consumer loans such as automobile and personal loans. It also offers various investment and trust services such as administering estates and personal trusts and conservatorships as well as property management and farm management. The company also offers safe deposit boxes, safe deposit boxes, treasury management and debit cards. The company offers products and services through 56 banks offices in the central and eastern Iowa areas, as well as Minneapolis/St. The Minneapolis/St. Paul metro area, Minnesota, Southwest Wisconsin, Southwest Florida and Denver, Colorado are all served. MidWestOne Financial Group, Inc., was established in 1983. It is located in Iowa City, Iowa.
Earnings per Share
MidWestOne Financial Group's trailing 12 months profit per share was $3.77
PE Ratio
MidWestOne Financial Group's trailing 12-month price-to-earnings ratio is 8.65. The purchaser of the shares is therefore investing $8.65 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 11.79%.2. American Express (AXP)
17.8% sales growth and 31.68% return on equity
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
Earnings per Share
American Express' trailing 12 months profit per share (EPS) is $6.1
PE Ratio
American Express' trailing 12-month price-earnings ratio is 24.21. The purchaser of the shares is therefore investing $24.21 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 31.68%.3. Independent Bank Corp. (INDB)
17.6% sales growth and 8.24% return on equity
Independent Bank Corp. is the bank holding firm for Rockland Trust Company. It provides small to medium sized businesses and individuals with commercial banking services. The company's services include checking, savings, time certificates, demand deposits, and money market certificates. Its loan portfolio also includes commercial loans such as industrial and asset-based commercial real estate and commercial construction loans. Consumer real estate loans include residential mortgages, home equity loans and loans to build residential homes. Personal loans are available. The company also offers trust and investment services to small and large businesses and individuals; Internet banking and mobile banking, as well as ATM cards and debit cards. It also has mutual fund shares and unit investment trust shares. General securities, variable and fixed annuities as well as life insurance products. It operates through ninety-six retail full and two limited service branches, 16 commercial banks centers, ten investment offices and eight mortgage lending centres in Eastern Massachusetts. Rockland is the headquarters of this company, which was established in 1907.
Earnings Per Share
As for profitability, Independent Bank Corp. has a trailing twelve months EPS of $4.12.
PE Ratio
Independent Bank Corp. has a trailing twelve months price to earnings ratio of 19.78. Meaning, the purchaser of the share is investing $19.78 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 8.24%.Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on September 22, 2022. The forward dividend rate and yield are both 2.04 and 2.38%, respectively.
Volume
Independent Bank Corp.'s latest reported volume is 92008, which is 49.01% lower than its average volume (180449).
Moving Average
Independent Bank Corp. is worth less than its moving average over 50 days of $85.27, and lower than its moving average over 200 days of $81.83.Yearly Top and Bottom Value
Independent Bank Corp.'s stock is valued at $81.58 at 10:22 EST, way under its 52-week high of $91.65 and above its 52-week low of $74.28.
4. Sherwin (SHW)
5.8% sales growth and 73.29% return on equity
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Sherwin has a trailing twelve months EPS of $7.74.
PE Ratio
Sherwin has a trailing twelve months price to earnings ratio of 30.63. Meaning, the purchaser of the share is investing $30.63 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 73.29%.