(VIANEWS) – AG Mortgage Investment Trust (MITT), Eagle Point Credit Company (ECC), Navios Maritime Partners LP (NMM) 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)
52.2% sales growth and 12.41% 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 $1.85.
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 12.41%.
Moving Average
AG Mortgage Investment Trust’s value is higher than its 50-day moving average of $6.87 and way above its 200-day moving average of $6.06.
2. Eagle Point Credit Company (ECC)
28.9% sales growth and 19.19% return on equity
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.74.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 5.7. Meaning, the purchaser of the share is investing $5.7 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 19.19%.
Volume
Today’s last reported volume for Eagle Point Credit Company is 2759360 which is 205.73% above its average volume of 902530.
Yearly Top and Bottom Value
Eagle Point Credit Company’s stock is valued at $9.92 at 11:22 EST, under its 52-week high of $10.58 and way above its 52-week low of $8.60.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.9%, now sitting on 147.96M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 12, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 19.35%.
3. Navios Maritime Partners LP (NMM)
16.7% sales growth and 15.44% return on equity
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.
Earnings Per Share
As for profitability, Navios Maritime Partners LP has a trailing twelve months EPS of $13.24.
PE Ratio
Navios Maritime Partners LP has a trailing twelve months price to earnings ratio of 3.83. Meaning, the purchaser of the share is investing $3.83 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 15.44%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 8.7% and positive 60.1% for the next.
Sales Growth
Navios Maritime Partners LP’s sales growth for the next quarter is 16.7%.
Volume
Today’s last reported volume for Navios Maritime Partners LP is 84170 which is 52.94% below its average volume of 178892.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 9, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.41%.
4. Erie Indemnity Company (ERIE)
11.6% sales growth and 30.15% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $10.15.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 41.52. Meaning, the purchaser of the share is investing $41.52 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%.
Volume
Today’s last reported volume for Erie Indemnity Company is 138398 which is 103.26% above its average volume of 68088.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 9, 2024, the estimated forward annual dividend rate is 5.1 and the estimated forward annual dividend yield is 1.31%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 4.4% and 17%, respectively.
Moving Average
Erie Indemnity Company’s worth is way above its 50-day moving average of $370.84 and way higher than its 200-day moving average of $352.64.
5. Carlisle Companies Incorporated (CSL)
8.5% sales growth and 27.25% return on equity
Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment produces building envelopes for commercial, industrial, and residential buildings, including single-ply roofing products, rigid foam insulations, spray polyurethane foam, architectural metal products, heating, ventilation and air conditioning hardware and sealants, waterproofing products, and air and vapor barrier systems. The Carlisle Interconnect Technologies segment produces wires and cables for the commercial aerospace, military and defense electronics, medical device, industrial, and test and measurement markets. It also offers sensors, connectors, contacts, cable assemblies, complex harnesses, racks, trays, and installation kits, as well as engineering and certification services. The Carlisle Fluid Technologies segment produces engineered liquid products, powder products, sealants and adhesives finishing equipment, and integrated system solutions for spraying, pumping, mixing, metering, and curing of coatings used in the automotive manufacture, general industrial, protective coating, wood, and specialty and automotive refinishing markets. The Carlisle Brake & Friction segment provides duty brakes, and clutch and transmission products for the construction, agriculture, mining, aircraft, on-highway, and other industrial markets. The company sells its products under the Carlisle, Binks, DeVilbiss, Ransburg, BGK, MS Powder, Hawk, Wellman, Thermax, Tri-Star, LHi Technology, Providien, SynTec, Weatherbond, Hunter Panels, Resitrix, Hertalan, Insulfoam, and Velvetouch brands. Carlisle Companies Incorporated was founded in 1917 and is headquartered in Scottsdale, Arizona.
Earnings Per Share
As for profitability, Carlisle Companies Incorporated has a trailing twelve months EPS of $16.14.
PE Ratio
Carlisle Companies Incorporated has a trailing twelve months price to earnings ratio of 25.84. Meaning, the purchaser of the share is investing $25.84 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 27.25%.
6. NorthWestern Corporation (NWE)
8.3% sales growth and 7.14% return on equity
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through three segments: Electric Utility Operations; Natural Gas Utility Operations; and Other. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,597 miles of electric transmission and 18,534 miles of electric distribution lines with approximately 121 transmission and distribution substations; and 2,235 miles of natural gas transmission and 5,099 miles of natural gas distribution lines with approximately 135 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,342 miles of electric distribution lines in South Dakota with approximately 121 transmission and distribution substations; and 55 miles of natural gas transmission and 2,545 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 764,200 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.
Earnings Per Share
As for profitability, NorthWestern Corporation has a trailing twelve months EPS of $3.23.
PE Ratio
NorthWestern Corporation has a trailing twelve months price to earnings ratio of 16.44. Meaning, the purchaser of the share is investing $16.44 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 7.14%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 57.1% and 46.9%, respectively.
Yearly Top and Bottom Value
NorthWestern Corporation’s stock is valued at $53.09 at 11:22 EST, below its 52-week high of $57.65 and way higher than its 52-week low of $45.97.
Volume
Today’s last reported volume for NorthWestern Corporation is 252593 which is 2.76% above its average volume of 245789.
7. Scorpio Tankers (STNG)
8% sales growth and 21.39% return on equity
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of crude oi and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, including 39 LR2, 57 MR, and 14 Handymax with a weighted average age of approximately 8.1 years. Scorpio Tankers Inc. was incorporated in 2009 and is headquartered in Monaco.
Earnings Per Share
As for profitability, Scorpio Tankers has a trailing twelve months EPS of $10.87.
PE Ratio
Scorpio Tankers has a trailing twelve months price to earnings ratio of 7.04. Meaning, the purchaser of the share is investing $7.04 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 21.39%.
Volume
Today’s last reported volume for Scorpio Tankers is 740379 which is 2.51% below its average volume of 759500.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.8%, now sitting on 1.35B for the twelve trailing months.
Yearly Top and Bottom Value
Scorpio Tankers’s stock is valued at $76.56 at 11:22 EST, under its 52-week high of $84.67 and way above its 52-week low of $42.09.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 50.6% and 37.2%, respectively.
Previous days news about Scorpio Tankers(STNG)
- Scorpio tankers (stng) Q2 earnings and revenues beat estimates. According to Zacks on Tuesday, 30 July, "While Scorpio Tankers has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
