(VIANEWS) – AG Mortgage Investment Trust (MITT), Fabrinet Ordinary Shares (FN), Northern Technologies International Corporation (NTIC) 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. AG Mortgage Investment Trust (MITT)
33.2% sales growth and 11.67% return on equity
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
Earnings Per Share
As for profitability, AG Mortgage Investment Trust has a trailing twelve months EPS of $1.66.
PE Ratio
AG Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 4.07. Meaning, the purchaser of the share is investing $4.07 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 11.67%.
Moving Average
AG Mortgage Investment Trust’s worth is under its 50-day moving average of $7.00 and higher than its 200-day moving average of $6.21.
Revenue Growth
Year-on-year quarterly revenue growth declined by 22.8%, now sitting on 66.8M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 139.4% and 366.7%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.47 and the estimated forward annual dividend yield is 6.89%.
2. Fabrinet Ordinary Shares (FN)
13.7% sales growth and 17.79% return on equity
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
Earnings Per Share
As for profitability, Fabrinet Ordinary Shares has a trailing twelve months EPS of $7.54.
PE Ratio
Fabrinet Ordinary Shares has a trailing twelve months price to earnings ratio of 25.71. Meaning, the purchaser of the share is investing $25.71 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 17.79%.
Moving Average
Fabrinet Ordinary Shares’s worth is way under its 50-day moving average of $236.03 and under its 200-day moving average of $201.05.
3. Northern Technologies International Corporation (NTIC)
5.7% sales growth and 8.41% return on equity
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Earnings Per Share
As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $0.46.
PE Ratio
Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 28.8. Meaning, the purchaser of the share is investing $28.8 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 8.41%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 533.3% and 70%, respectively.
Sales Growth
Northern Technologies International Corporation’s sales growth is 8.6% for the current quarter and 5.7% for the next.
Moving Average
Northern Technologies International Corporation’s worth is way below its 50-day moving average of $14.96 and under its 200-day moving average of $14.01.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 2.21%.
4. Stag Industrial (STAG)
5.5% sales growth and 5.61% return on equity
We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets. We are organized and conduct our operations to maintain our qualification as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), and generally are not subject to federal income tax to the extent we currently distribute our income to our stockholders and maintain our qualification as a REIT. We remain subject to state and local taxes on our income and property and to U.S. federal income and excise taxes on our undistributed income. As of December 31, 2023, we owned 569 buildings in 41 states with approximately 112.3 million rentable square feet, consisting of 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five Value Add Portfolio buildings. In addition, as of December 31, 2023, we had six development projects (which are not included in the building count noted above). While the majority of our portfolio consists of single-tenant properties, we also own a growing number of multi-tenant properties. As of December 31, 2023, our buildings were approximately 98.2% leased, with no single tenant accounting for more than approximately 2.9% of our total annualized base rental revenue and no single industry accounting for more than approximately 11.0% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant or industry. As of December 31, 2023, our Operating Portfolio was approximately 98.4% leased. SL Rent Change on new and renewal leases together grew approximately 44.0% and 24.3% during the years ended December 31, 2023 and 2022, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 31.0% and 14.3% during the years ended December 31, 2023 and 2022, respectively. We have fully integrated acquisition, leasing and operations platforms led by a senior management team with decades of industrial real estate experience. Our mission is to deliver attractive long-term stockholder returns in all market environments by growing cash flow through disciplined investment in high-quality real estate while maintaining a strong balance sheet.
Earnings Per Share
As for profitability, Stag Industrial has a trailing twelve months EPS of $1.04.
PE Ratio
Stag Industrial has a trailing twelve months price to earnings ratio of 38.14. Meaning, the purchaser of the share is investing $38.14 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 5.61%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 3.73%.
