(VIANEWS) – Agnico Eagle Mines Limited (AEM), Selective Insurance Group (SIGI), Oceaneering International (OII) 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. Agnico Eagle Mines Limited (AEM)
27.8% sales growth and 3.1% return on equity
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $1.16.
PE Ratio
Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 63.08. Meaning, the purchaser of the share is investing $63.08 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 3.1%.
Sales Growth
Agnico Eagle Mines Limited’s sales growth is 26.1% for the ongoing quarter and 27.8% for the next.
Previous days news about Agnico Eagle Mines Limited(AEM)
- According to Zacks on Thursday, 8 August, "Its gold mining peers, Barrick Gold Corporation (GOLD Quick QuoteGOLD – Free Report) , Agnico Eagle Mines Limited (AEM Quick QuoteAEM – Free Report) and Kinross Gold Corporation (KGC Quick QuoteKGC – Free Report) , have gained 2%, 49.2% and 61.4%, respectively, over the same period."
- According to Zacks on Friday, 9 August, "Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Eldorado Gold Corporation (EGO Quick QuoteEGO – Free Report) and Agnico Eagle Mines Limited (AEM Quick QuoteAEM – Free Report) ."
2. Selective Insurance Group (SIGI)
9.6% sales growth and 8.34% return on equity
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $3.67.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 24.24. Meaning, the purchaser of the share is investing $24.24 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 8.34%.
Sales Growth
Selective Insurance Group’s sales growth is 16.2% for the ongoing quarter and 9.6% for the next.
3. Oceaneering International (OII)
7.4% sales growth and 18.78% return on equity
Oceaneering International, Inc. provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Oceaneering International has a trailing twelve months EPS of $1.06.
PE Ratio
Oceaneering International has a trailing twelve months price to earnings ratio of 24.67. Meaning, the purchaser of the share is investing $24.67 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 18.78%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 66.7% and 18.4%, respectively.
Sales Growth
Oceaneering International’s sales growth for the next quarter is 7.4%.
4. Commerce Bancshares (CBSH)
6.9% sales growth and 16.81% return on equity
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
Earnings Per Share
As for profitability, Commerce Bancshares has a trailing twelve months EPS of $3.69.
PE Ratio
Commerce Bancshares has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 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 16.81%.
Yearly Top and Bottom Value
Commerce Bancshares’s stock is valued at $64.24 at 20:22 EST, under its 52-week high of $65.38 and way higher than its 52-week low of $42.96.
Volume
Today’s last reported volume for Commerce Bancshares is 806142 which is 55.49% above its average volume of 518439.
5. Agree Realty Corporation (ADC)
6.1% sales growth and 3.7% return on equity
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.79.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 39.7. Meaning, the purchaser of the share is investing $39.7 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 3.7%.
